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Goat farming is not a new enterprise. Rearing goats is a profitable business. Goat has been rearing since the time immemorial. Generally goat farming means rearing goats for the purpose of harvesting milk, meat and fiber. At present, goat farming has become a profitable business and it requires a very low investment because of its multi-functional utility. Commercial goat farming business is contributing greatly to the economy and nutrition of a country. Goats are multi-functional animal. You can produce a wide variety of products from goats, such as milk, meat, fiber, manure etc. Goat’s milk is used for producing full cream goat powder, skimmed goat milk powder, goat butter, goat milk cream, fresh goat milk etc. Goat meat is a great source of consumable meat which is very testy, nutritious and healthy. And goat’s wool is being used in many purposes and skin of goat plays a vital role in leather industry. However, here we are describing more about the advantages of goat farming business and the required steps for starting a lucrative business.