Thaba Goats Business Plan — Key Performance Indicators
The reproduction, mortality, cost and financial indicators monitored per season, with thresholds that trigger intervention.
Key Performance Indicators
Jump to section
- Overview & contents
- i. Important Notice
- 1. Executive Summary
- 2. The South African Goat Market
- 3. Why the Informal Market Matters More Than the Abattoir
- 4. Seasonality
- 5. SWOT and Competitive Position
- 6. The Five-Stage Roadmap and Gates
- 7. The Funding Ladder
- 8. Herd and Reproduction
- 9. Kid Mortality: The Industry's Named Constraint
- 10. Grazing, Land and Water
- 11. Animal Health
- 12. Route to Market
- 13. People and Operations
- 14. Regulation and Compliance
- 15. Unit Economics
- 16. Capital Expenditure
- 17. Financial Projections
- 18. Break-Even and Sensitivity
- 19. Risk Management
- 20. Implementation Timeline
- 21. Returns and Net Asset Value
- 22. Key Performance Indicators
- 23. Key Assumptions
- 24. Conclusion
- A. Appendix A: Consolidated Financial Summary
- B. Appendix B: Stage Capital Schedules
- C. Appendix C: Debt Schedules
- D. Appendix D: Risk Register
- E. Appendix E: Funding Application Checklist
- F. Appendix F: Glossary
The following are recorded daily or at each handling and reported monthly. Three of them, kid survival, doe mortality and complete records, are gate conditions, and every funder in Section 7 will ask for them.
|
Indicator |
Definition |
Target |
Why it matters |
|---|---|---|---|
|
Breeding does |
Does in the herd at year end |
300 by Year 5 |
The engine; everything scales from it |
|
Kids weaned per doe |
Kids weaned ÷ does mated |
1.94 by Year 5 |
The single largest source of margin improvement |
|
Kid survival to weaning |
Kids weaned ÷ kids born |
Above 91% by Year 5 |
Five points is worth about R89 000 a year at Year 5 scale |
|
Doe mortality |
Does lost ÷ does held |
Below 4% by Year 5 |
Each doe lost is a breeding unit, not a sale |
|
Gross margin per doe |
Gross margin ÷ average does |
R5 532 by Year 5 |
Divided into fixed cost it gives the break-even herd |
|
Blended price per goat |
Cash revenue ÷ goats sold |
R3 292 by Year 5 |
Channel mix, not list price |
|
Direct sales share |
Direct and breeding stock ÷ goats sold |
Above 54% |
The informal channel pays materially better |
|
Cash EBITDA |
EBITDA less non-cash herd growth |
Positive from Year 5 |
The number that pays the bank |
|
Grazing utilisation |
Stocking rate against assessed carrying capacity |
Below 85% |
The gate nobody writes down |
|
Debt service cover |
Cash EBITDA ÷ interest and scheduled principal |
Above 1.3x from Year 5 |
The Stage 5 gate condition |