Catfish farming is an easy and flexible agriculture based business that can also be profitable. Farming catfish can be done anywhere if you have a suitable place and you can either take care of the protein needs of your own family or sell it to make more profit. There are many species of catfish available in the market. The type of catfish you want to grow depends on what your target market is, what your feeding plans are, and what size pond and area you are thinking about setting up your farm on.
About Us Fish Farming Profitable Agriculture Business Idea Fish farming business opportunity demands special knowledge, skills and day-to-day careful monitoring.
Commercial fish farming has proven to be an economically successful business venture throughout the globe. Fish is healthy, protein-rich and tasty food with low cholesterol and calories. The requirement of the fish is one of the main components of animal protein in diet computed 11 kilograms per year per person.
You will need to be enough knowledgeable about the process of this business.
You will need to procure necessary equipment and machinery for the business also. Benefits of Fish Farming Fish farming is one of the fastest growing food production sectors in the world Fish and fish product has huge and increasing demand throughout the globe.
Market demand and the price are always high for fish and fish related products. Different several types of fast growing fish species are available. Farming those fast growing fish species ensure rapid returns of your investment.
People with other occupation or job can also start this business. Bank loan and funding assistance are also available on the fish farming project. Cost Calculation of Fish Farming Two types of capital investment broadly include in this farming business.
One is capital cost and other one is operating cost. Operating cost includes purchasing eggs or fingerlings, fish feed, electricity, fuel, labour, chemical, medicine, tax, insurance, telephone, transportation and other maintenance cost involved.
Calculations will be different as per the types of fish you are choosing for fish farming. And also according to your desired output and total land area. Important Consideration About Fish Farming Feasibility analysis and business planning is the must before starting a fish farming business.
Do an intensive market research before get into fish farming. Understand the local market demand. If you are going to start fish farming for export, then talk to fish processing units prior.
Prepare an alternative marketing strategy to rely on. Choosing right species of fish plays a major role in getting success in fish farming business. The decision should be based on market demand, maintenance point of view, availability of resources etc.
Having skill is important in starting a fish farming business. You can get training from Government running farms that conduct training. Working at a successful fish farm will also teach you how to perform water quality management, disease control, feeding, marketing and processing skills.
Ensure that you have a continuous source of quality water. Ensure an easy access to the pond for feeding and harvesting. Learn about the modern technical method of risk assessment and as well as risk management. Finding out reliable suppliers for fish eggs, fingerlings and fish feed are very crucial in fish farming business.
Figure out legal compliance and permission needed to start a fish farming business in your locality. Different Types of Fish Farming 1.
Selection of right species is important in starting fish hatchery business. Tilapia Fish Farming Tilapia has become third most important and popular fish after carp and salmon. Extensive shrimp farming operation is considered the simplest culture approach.
Market demand is very high and can be initiated small-scale basis. Crab Farming Intensive commercial crab farming can be performed in smaller areas and at greater densities, minimizing land and labor, but the environmental impacts of these techniques can be significant. The mud crab Scylla Serrata is a promising aquaculture species due to its fast growth and good market acceptability and price.
Prawn Farming The worldwide demand for prawn is increasing highly. A freshwater prawn farm is very similar to a freshwater fish farm. With the help of modern improved technology, one can start prawn farming to meet local and export demand both.
Ornamental Fish Farming Ornamental fishes are colourful, fancy and generally known as aquarium fish.Starting Tilapia Fish Farming Business Plan (PDF) Posted by admin | Agriculture, Business Ideas, Business Plans | 1 Tilapia fish farming business is a very profitable business, and many people are making money all over the world by starting tilapia farming businesses.
Starting A Catfish Farming Business – Step By Step Guide. by Content Provider | Jun 6, I have interest in going into fish farming business in Abuja, Nigeria. I will appreciate if i can get more details on it. Regards. For a bankable and competitive business plan on Fish Production, processing and marketing, and on other.
So, before you enter the aquaculture industry and start your own fish farming business, consider all possible factors and decide if fish farming is the best business for you. I hope this article was helpful for you, in guiding you to the world of aquaculture business.
Cat Fish farming Business Plan/Feasibility Study In Nigeria PDF. THIS BUSINESS PLAN IS REGULARLY UPDATED AND CAN ALSO BE USED FOR BANK LOANS, GRANTS, PROPOSAL FOR COMPETITIONS ETC..
Fish farming Business Plan In Nigeria. FISH FARMING BUSINESS PLAN IN NIGERIA. CONTENTS INTRODUCTION Current Situation of aquaculture in Nigeria. Fish farming business opportunity demands special knowledge, skills, and day-to-day careful monitoring.
Commercial fish farming has proven to be an economically successful business venture around the globe. The Aquaculture Business Plan Workbook - torosgazete.com