The way the meals are fed to catfishes have to be carefully executed because two months old fishes can finish a 15kg feed bag in just 10 days. We have done our homework and we have been able to highlight some factors that will give us competitive advantage in the marketplace; some of the factors are effective and reliable fish and seafood farming processes that can help us sell our produce at competitive prices, good network and excellent relationship management.
In Fish farming in Nigeria feasibility study all of these facts must be considered so you can well prepare yourself for the business you are going into. Aquarium or fish tank. Vincent Fish and Seafood Aquaculture, LLC will adopt the following strategies in marketing our fish and seafood; Introduce our business by sending introductory letters alongside our brochure to stake holders in the agriculture industry, households, hotels and restaurants and agriculture produce merchant et al.
If you really want to make lots of money in this business, you have to focus your attention on breeding from the infant stage. In Progress Compilation of our list of products that will be available in our store: We have some of the latest fish and seafood farming hatchery, tools and equipment that will help us raise fish and seafood in commercial quantities with less stress.
The different types of fishes and seafood to be raised in the fish and seafood farms determine the total cost of setting up the business. Marketing — This is one of the key factors that, feasibility study on fish farming give you an overview of how the market operates, what the market is in search of and what you can do to make good sales.
Managing a business requires many of the administrative skills, be it fish farming or any other business. It is easier to breed and it is highly resistant. There are people who want locally raised fish from organic farms.
No doubt raising start — up capital for a business might not come cheap, but it is a task that an entrepreneur must go through.
This will help you avoid costly mistakes. Who are your buyers. You need to purchase fingerlings and juveniles for your fish pond. Advertise our business in agriculture and food related magazines and websites List our business on yellow pages ads Attend related agriculture and food expos, seminars, and business fairs et al Leverage on the internet to promote our business Engage in direct marketing Encourage the use of word of mouth marketing referrals Sources of Income St.
This is usually the first thing you will consider if you want to start a tilapia fish farm in Nigeria. These goes to show that there are appreciable numbers of farmers in the United States of America but that does not mean that there is stiffer competition in the industry.
For example, Statistics has it that there are 2. You could find all about aquaculture and fish farming from websites on the internet. You need to think it through. Feeding carries the bulk of the operating cost.
Below are the sources we intend exploring to generate income for St. There is also a webinar video posted below, where you can learn about aquaculture. Fish is a delicious and nutritious protein source that is also rich in nutrients like omega-3 Fatty acids that improves our heart health and lowers our blood cholesterol level.
A good way to get this knowledge firsthand is to visit a catfish fish farm and make all the inquiry you need. Also, there is a fund set aside every year by the Central Bank of Nigeria and other commercial banks in Nigeria to encourage and support farmers.
Please click here to download your free copy. What type fish is most profitable. You should also put up a budget that would consist of all the items you would need to start up, feed and maintain your business until the fishes are ready for harvesting and sales.
Know your market What are the things they crave for. You need this information to make it BIG. Marketing promotion expenses for the grand opening of St.
Whether you decide to start a backyard fish farm or indoor container based aquaculturethe more knowledge you have the better chances you will have to succeed in your home based fish farming business.
Marketing promotion expenses for the grand opening of St. These goes to show that there are appreciable numbers of farmers in the United States of America but that does not mean that there is stiffer competition in the industry.
It is very important. If this is managed and done right, the fishes can achieve this size in four to six months.
Completed Opening of Corporate Bank Accounts: It is even more better if you can serve as an apprentice to a catfish farm owner for at least 60Days, this will equip you with both knowledge and experience.
Learning about fish farms will prepare you to make educated decisions. Before you start stocking your fishes, you need to disinfect your pond with an anti-fungi and an anti-bacteria.
BUSINESS PROPOSAL FOR CAT FISH FARMING (1) COMPANY NAME AND BRIEF ON THE BUSINESS CONCEPT My name is Mrs. Edith Onwuka and my company name is Tekland International Ltd, I took up the business of fish farming when I resigned from my job as an accountant in an oil company in Starting Small Scale Catfish Farming in Nigeria – Sample Business Plan Template.
What You Need to Get Started. a. The Right Mindset. The first and probably the most important key to starting a successful catfish farm is the right mindset. A Sample Fish Farming Business Plan Template. The Fish and Seafood Aquaculture Industry Overview; The agricultural industry of which Fish and Seafood Aquaculture business is a subset of is no doubt among the leading industry in most countries of the world; it is the industry that produces fish and seafood for the populace.
OUR FISH FARMING BUSINESS PLAN Agriculture is very key to the economic development of the people and also very important for poverty alleviation and human survival. The catfish business is very lucrative and underexploited business in Nigeria, investment in this kind of business is the right move at the right time, because it is profitable and /5(41).
Catfish Farming Business Plan In Nigeria / Feasibility Study. Catfish farming in the Nigeria is one of the most profitable agribusiness in the country and if you have. BUSINESS PROPOSAL FOR CAT FISH FARMING (1) COMPANY NAME AND BRIEF ON THE BUSINESS CONCEPT My name is Mrs.
Edith Onwuka and my company name is Tekland International Ltd, I took up the business of fish farming when I resigned from my job as an accountant in an oil company inFish farming business plan in nigeria things