As captioned by Entrepreneurng report, if you followed our article on how to start a lucrative snail-rearing Business In Nigeria. Now you might be wondering if you can start snail rearing business with a low capital as an entrepreneur.
According to research starting a snail-rearing business in Nigeria depends on how big you want the farm to be, but one thing l like about this business is that you can start small and end up big. As the saying goes “slow and steady wins the race”.
You can start with as low as #50,000, #150,000, or more depending on your pocket, but you cannot start this business with #5000 even when you have a free space of your own.
If you truly want to venture into this business towards scaling a higher height of becoming one of the top entrepreneurs in snail rearing business you need good capital cause it serves as a backbone to your business.
The reason is that you need to make provisions for housing which can be a farmyard, garden, or a piece of land for your snail, you have to purchase the snails from the farm, Buy their feed, market it, efficient processing and handle of the snails. You also need money for transportation because they need to get to suppliers or perhaps to the market for sales.
From my findings buying a snail per one ranges from 800-1000. So at least for a start, you can buy like 20 to 50 pieces.
Snail Rearing business is very profitable you just need to make sure they are ripe and matured for sale which is usually within two years. If you want to know if your snail is matured, the brim is usually thicker than another part of the shell.
Read Also:Â How Lucrative is Snail Rearing in Nigeria?
Advantages of Snail Rearing business
1. It only requires a low production cost and generates high profit.
2. Snails are highly nutritious and loved by many so you are not in for a loss.
3. It is highly demanded In the market.
4. Does not easily pollute the environment, unlike other farm animals.
5. It can be easily reared anywhere even in the backcourt of your house.
In conclusion, starting a snail business as an entrepreneur in Nigeria requires a lot of patience and can be time-consuming. Sincerely speaking, if you start your snail business with as low as #100,000 be sure to earn more than #700, 000 or even more if only you can play the game rightly into the Court.
Ensure rearing your snails in saline, a good atmosphere by not exposing them to hatch weather, and a clean environment. When not properly kept well some might end up dying and that will be a loss on your part. Working diligently in your busy and applying the necessary principles is the goal. Always aim for the top no matter the challenge you might face in your snail-rearing business.
