VAE 511: Livestock Entrepreneurship (1+0)

COURSE OVERVIEW

Introduction

• Livestock Entrepreneurship is an applied course which enables the Veterinary graduates to start their own enterprise. The course primarily deals with the concept of livestock Entrepreneurship, basic theories of Entrepreneurship, openings for veterinarians in private/public sectors. Essential qualities needed for livestock Entrepreneurship along with the modalities for starting a business is also discussed. Different kinds of institutes which offer training programmes for Entrepreneurship activities are also listed along with the details on How to prepare a livestock project? Preparation of financial statements for livestock farm and finding out the worthiness of the programme is discussed in detail. The topic on how to fulfill the expectation of the clients would help the veterinarians to run their business successfully. The importance of sustainable livestock production is also stressed in the course.

Expected outcome

• Instill confidence in the minds of veterinarians to start a new venture
• Highlight certain basic qualities which are essential for Livestock Entrepreneurship
• Prepare a livestock project.
• Evaluate the techno-economic feasibility of livestock projects.
• How to approach banks for loan and get them.
• How to prepare financial statements(Balance sheet, Profit and loss statement & Cash flow statement) for the livestock farm.
• How to operate the farm successfully?- Where to stop the production- Shut down point
• How to fulfill the expectation of the clients
• Importance of sustainable livestock production for the long term.

Expected improvement in the skill level

• Understanding the essential qualities required for Entrepreneur
• Identifying business opportunities in the livestock sector
  
• Preparing livestock projects for various livestock enterprises
• Assessing the feasibility of Livestock projects
• Identifying financial worthiness of the farm
• Operate above the profit level in livestock farms.
• Improvement in purchasing decisions for the livestock farm
• Marketing the products successfully.
• Improvement in business by satisfying the customer needs.