Fish farming business plan free download
The startup capital will be sourced from our savings in the bank, from my extended family and from my trusted friends. The catfish industry is a lucrative business as the demand for fish in the country is growing geometrically, the opportunity to expand is necessary because of the growing demand for fish and due to some health benefits attached to consumption of fish as compared to consumption of meat.
Fish Farming Business Plan — Sustainability and Expansion Strategy The future of a business lies in the numbers of loyal customers that they have the capacity and competence of the employees, their investment strategy and the business structure.
At what price? Equipments for Maintenance, Monitoring and Repair Nviii.
Comprehensive business plan for fish farming
Product 17 c. You also need to carry out market research Who are you going to sell the fish to? Fingerlings Tilapia fish farming for meat production can be started easily using fingerlings. We intend toachieve this as we already have new customers and market demand, lower prices through flowing on breakeven for the first periods of sale , aggressive promotion and distribution. This large market of life fish has remained untapped by the residence of States in North East, North West and North Central Nigeria, and you are one of the chosen few to enjoy what it has to offer. A large enough area must be available for construction of the necessary ponds inline with your present plans and also large enough for future expansion. The moderate market price per 1 kg is N The reason for its profitability can be attributed to the fact that it is a food and it is always in demand.
Management Team Skills Profile 23 b. Fingerlings refers to fish that has reached the stage where the fins can be extended and where scales have started developing throughout the body. Fingerlings a. You can reduce the cost of feed by supplementing the commercial fish feed with manure and fertilizers, thereby increasing profitability of your fish farming business.
He has experience from working at Sapele Fish farm in Bayelsa. An employee, Kalistas, with previous experience in fish farming, has been hired and placed on site, where he shall continue with preparations of the startup of the farm.
Cost of Pond Treatment N30, i. Operating Leverage 13 d.
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Initial stocks of juvenile fish, as well as fish feed shall also be purchased from Jambo. The awareness on the potential of aquaculture to contribute to domestic fish production has continued to increase in the country. She would serve as the firms Administrative Head. This is where Enactus UCU came in. Land X N, b. If the pond is designed and constructed properly, it will be easier to manage, will last for a long time and generate more profits for the tilapia fish farming business. The risk of the business is mainly getting a market and we have already identified our target market. Market for Tilapia Fish Tilapia Fish The market for tilapia fish is very huge and is ever increasing. This still left a huge deficit of 4,, tons, hence the concerted effort to ensure self-sufficiency in fish production through aquaculture in Nigeria. The reason for its profitability can be attributed to the fact that it is a food and it is always in demand. In fact, the demand for fish can never be met because of the massive population we have especially here in Nigeria. Having out our feasibility analysis and research ACC, ACC, ACC Page 9 STEVARON catfish business plan on our target market and location we have seen that basket load of tomatoes thrown away at the end of market day but fish is one product that is never sufficient for sale and here are adequate preservation processes available.
This sales forecast is a calculated estimate which is only based on some reliable sources. Lastly, all our employees will be well taken care of, and their welfare package will be among the best within our category startups fish and seafood farming companies in the United States in the industry.
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