knowledge cube's video: How to start business for animal feed buusiness

Animal feed manufacturing plays a vital role in the overall food production industry. It’s a very active business and its players are always in dynamic interaction. Animal feed manufacturing is a billion-dollar industry, according to the American Feed Industry Association. Feeds are so important in raising poultry, hogs, and livestock that some breeders even have their own feed manufacturing operation on-site. If you are planning to start a feed manufacturing business, you must understand that this is a capital-intensive venture. You would need a lot of money to buy manufacturing machinery (bagging equipment, boilers, computer process control, conveyors, mixers, dryers, scales, extruder, and grinder), computer technology, and vehicles for transporting raw materials and finished products. Another consideration in this business is the huge inventory investment. Feed manufacturers usually take advantage of fluctuations in feed ingredient prices by buying in bulk when prices are low; or by contracting for supplies months ahead. small business ideas,business ideas,make money online,small business ideas,business plan,new business ideas 2020,business ideas 2020,online business ideas