Dear Steemains,
I am going to share our Friendship Poultry Farming Business update with you. It is around 6 months and we completed 4 cycles of our business. @kenny-crane and I had a chat a few days ago to talk about the next step of our business. @kenny-crane decided to give the profit of the business to @SchoolForSDG4 as a donation from him. He also decided to reinvest the profit from the 5th cycle until it reaches to 50 chickens own by @kenny-crane in each batch. As you know the price of chickens varies some time and sometimes it is lower than expected. So we can't be accurate with the projected cost per chickens. We made total
We completed the 4th batch successfully and here is some data I want to presnet with my supporters who might be interested in how we made this business at the end of the day. From this batch, we made profit 304.875 USD from 1032 chickens. As we had around half of the chickens this time from the last batch the profit also decreased. But on average it was the nice batch. After labour cost 200 USD, the profit decreased to 104.875 USD at the end.
| Items | Amount in BDT | IN USD |
|---|---|---|
| Total number of chickens | 1032 | ---- |
| Total cost | 151707 | 1896.34 |
| Per chicken cost | 147 | 1.84 |
We expected the cost will be not more than 1.56 USD per chicken at the beginning of our business. So, @kenny-crane was the owner of 78/1.84 = 42.45 before death. The death ration was 3.49% this time. and 36 chicken had died this time. We total left 996 chickens after the death of 36 chickens.
The real calculation was after sell out.
Among 42.45 chickens of @kenny-crane, the died chickens number were 1.48 and Among my personal 207.55 chickens, the number of died chickens was 7.243495 chickens.
| Items | Amount in BDT | IN USD |
|---|---|---|
| Total Sold Amount | 176097 | 2201.21 |
| Total Profit | (304.875-200 Labour cost) = 8390 | 104.88 |
| Each chicken profit | (8390/996) = 8.42 | 0.084 |
The profit we made from 250 Chickens after death.
| We | Calculation | USD |
|---|---|---|
| @Azizbd | 207.55*0.084 | 17.43 |
| @kenny-crane | 40.97*0.084 | 3.44 |
| Total We made | >>> | 20.87 |
I will add the @kenny-crane's donation of 3.44 USD for @SchoolForSDG4. And I will add the next batch profit to increase his share. He is an amazing support for me and for all I am doing on steemit and real life. We had the fewer chicken this time and maybe we will increase some more next time.
The post will be edited if found any mistake. Thanks for reading.
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Please contact me @Azizbd for any information https://steem.chat/direct/azizbd .
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