73 week ago — 4 min read
Enterprise: Red Farm & Hatcheries
Founder: Nuwan Sanjeewa
Industry: Layer farming, Poultry Feed Production and Mill operations
Year it was founded: 1990
For a business to develop, new ideas must be added to suit the times. Even if it is a legacy business, these new ideas will greatly affect the development day by day. So, let's talk today with someone who has taken the family business to a new dimension. That is Mr. Nuwan Sanjeewa, the director of Red Farm & Hatcheries.
1. Firstly, let’s talk about your business and how it started. Shall we?
Red Farm & Hatcheries is a business related to layer poultry farms, poultry feed production and mill operations. This business was started in 1990 by my beloved father Mr. Arunasiri. He starts the business with a small batch of 250 small layer ******. With his hard work, the business gradually prospered.
2. How do you get involved in your father's business?
I joined the business around 2002 after completing my education. After that, my father and I were able to develop the business tremendously.
3. What about the success of the business so far?
Currently, our business is operating with a capacity of three hundred-thousand-layer chickens. Keeping in view the demand of regular buyers in the local market, both red and white birds (silver/brown) are raised. We were also able to start hatchery operations and poultry feed mill operations with the latest imported Italian machine technologies. Poultry feed production now produces 8 tons per hour. In addition, since 2010, it has been registered as a business that imports corn, soy and other animal feed.
4. How does your business differ from other competing businesses?
Our identity is the quality and reasonable prices of our products. Because of this, the trust built up between us and the buyers in the last few decades has allowed us to create many strong customers.
5. What challenges have you faced in this journey and are you facing any recently?
Very unfortunately, my father passed away in August 2021 due to covid 19. So that time was very challenging due to the transition of business operations and the economic collapse during the pandemic. But I was able to overcome all that and build the business more successfully.
6. Let's talk about your future business dream, shall we?
We hope to further expand the business by focusing on new and different areas.
7. How was the support received from Commercial Bank during your journey?
Commercial Bank is our only bank and they have been with us throughout our journey. Their financial advice and support were very helpful to our business. The bank stood by me and supported me throughout the transition and especially after my father's death.
8. What advice do you have for aspiring entrepreneurs?
Believe in your dreams and always follow your vision and the money will surely follow you.
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