Fish Farming 2020 Full Business Plan | Earn Money With Fish Farming
How profitable is fish farming, Fish farming is no doubt profitable. This is especially so when they feed at the low end of food chain or when cheap but nutritious ingredients are used in making fish feed. All Indian & Chinese apart from some other fish are herbivorous - means less money in input. The above all are in freshwater ponds & water sheets.
Table of Content
Beneficial Tips For Farming Fish
If it is marine pond,
there are many fish varieties that can be aquaculture. Here also herbivorous
& carnivorous can be aquaculture. All the above ventures are profitable.
How much it is profitable - depends upon many factors like cost of fish seed,
feed, manpower employed during culture period & at harvesting, icing &
transportation to markets What should I know if I want to start a fish farm Well
first you must have a team and a plan. It also depends on your level of
expertise, what you would like to farm and where you are in the world.
But here's what I can tell you: Acquire some business knowledge in the event you know nothing about running a business, this includes basics on legal aspects as well.
But here's what I can tell you: Acquire some business knowledge in the event you know nothing about running a business, this includes basics on legal aspects as well.
Hire persons that know things that you do not, make sure you have a
well-rounded team, so you focus less on training and more on building your farm
with your great team of experts Know the product that you want to work with
(i.e. the fish or crustacean) Know how it tastes Know how it looks when it's
healthy and when it's not Know what it likes to eat naturally (is it
carnivorous or herbivorous).
Also learn about artificial diets, they're pretty
good and effective, but some fish species still require a high amount of fish
in their diets.
Learn about protein requirements especially, as protein tends to be the most expensive factor in fish feeding. Remember that proper diet can help make the fish more resistant to stress, diseases, and can help them grow at a reasonable rate.
Learn about protein requirements especially, as protein tends to be the most expensive factor in fish feeding. Remember that proper diet can help make the fish more resistant to stress, diseases, and can help them grow at a reasonable rate.
Proper nutrition also prevents your fish from eating each
other (cannibalistic behaviour).Know its feeding habits (when, how often, how
much)Know its mating habits (does it need total darkness, when does it normally
happen,
what conditions are needed for it to happen)Know the common diseases
that affect your fish Know your market, meaning the persons that will be buying
your fish. Many are concerned about farmed fish and say it doesn't look or
taste the same. Address those concerns. Will you sell directly to hotels, fish
markets, super markets Know your
suppliers.
These are the people who you will have to rely on to obtain things for your fish farm. Are they reliable Can they provide what you need, when you need it Even in emergency situations Sometimes there are very time-sensitive issues that require your immediate attention, and more often than not, require certain supplies.
These are the people who you will have to rely on to obtain things for your fish farm. Are they reliable Can they provide what you need, when you need it Even in emergency situations Sometimes there are very time-sensitive issues that require your immediate attention, and more often than not, require certain supplies.
Know about import taxes and duty-free items. Also know about
export rules and regulations of your country and import rules and regulations
for the target country you would like to sell to. Know about new aquaculture
technologies and know that you must not invest in EVERYTHING that people say
you might need. I find the simplest aquaculture designs to be the best.
Basic Requirements For Fish Farming
Although I do admire the technology of countries like Norway and Japan. Know
basic requirements like water flow to ensure that the fish or crustacean gets a
constant fresh flow passing through.
Know about temperatures, water temperature
must be monitored at all times, low temperatures tend to affect most fish and
crustaceans' ability to eat, giving them too much food will just pollute their
environments Know about business registration and regulations. Know about fish
farm designs and specifically about the one that is more effective for your
area (look into cost effectiveness of locally available materials, as well as
eco-friendly designs) Know about possible environmental factors, are you near a
company that dumps into the ocean Are you in a country prone to tsunamis,
hurricanes, etc Know about which insurances are applicable to you.
About operating costs, cost of feed, equipment costs labour costs, utilities costs, drugs and vaccination costs, rent, taxes and land costs, plumbing costs, aeration costs, basic equipment costs (materials for testing, ph testing, boots, gloves, nets, etc)Will you farm in the ocean or on land, in ponds, raceways Will it be marine or freshwater Most freshwater species are more resilient and less sensitive than marine species. Be aware of external factors that may invade your farm like insects, birds, rodents.
About operating costs, cost of feed, equipment costs labour costs, utilities costs, drugs and vaccination costs, rent, taxes and land costs, plumbing costs, aeration costs, basic equipment costs (materials for testing, ph testing, boots, gloves, nets, etc)Will you farm in the ocean or on land, in ponds, raceways Will it be marine or freshwater Most freshwater species are more resilient and less sensitive than marine species. Be aware of external factors that may invade your farm like insects, birds, rodents.
On that note, be aware of feed
freshness, will you make your own feed Will you purchase it What facilities do
you have to test your feed and make sure that its quality is not compromised
How will you store the feed Will you feed it fish scraps Things to ask yourself
What are my goals.
Important Tips Related Fish Farming
Do I have any experience Do I know anyone that has experience
in this, someone that I can call for advice What don't I know about the fish.
Do
I have a business plan When the business starts, how much will I be able to
supply How much can I tell people I will be able to supply to them What is a
realistic expectation What are my countries' rules on aquaculture.
Which aspect
of the fish or crustacean will I want to oversee Just the juvenile to adult
stage If so, where will I obtain the
fingerlings If I want to start from the brood stock and obtain my own
fingerlings, where will I obtain the brood stock from What is the climate of my
area Does my government offer funding for sustainable fish farms How do I make
sure that my farm is considered sustainable As with all things, start small and
get a feel for the field first. Attend conferences on the topic,
visit fish
farms, and set a goal based on the information you've acquired. Think about
space and make sure your fish's needs are always met. Have good marketing and
networking. Also look at farms that grow the same species, and if data is
available, look at their production rate, it might help you reassess your
goals.
Conclusion
Acquire some business knowledge in the event you know nothing about
running a business, this includes basics on legal aspects as well Hire persons
that know things that you do not, make sure you have a well-rounded team, so
you focus less on training and more on building your farm with your great team
of experts Know the product that you want to work with (i.e. the fish or
crustacean) Know how it tastes Know how it looks when it's healthy and when
it's not Know what it likes to eat naturally (is it carnivorous or
herbivorous).
Proper nutrition also prevents your fish from eating each other (cannibalistic behaviour).
Proper nutrition also prevents your fish from eating each other (cannibalistic behaviour).
Know its feeding habits (when, how often, how
much)Know its mating habits (does it need total darkness, when does it normally
happen,
What conditions are needed for it to happen)Know the common diseases
that affect your fish Know your market, meaning the persons that will be buying
your fish. about operating costs, cost of feed, equipment costs labour costs,
utilities costs, drugs and vaccination costs, rent, taxes and land costs,
plumbing costs, aeration costs, basic equipment costs (materials for testing,
ph testing, boots, gloves, nets, etc)Will you farm in the ocean or on land, in
ponds, raceways Will it be marine or freshwater
Most freshwater species are more resilient and less sensitive than
marine species.
On that note, be aware of feed freshness, will you make your own feed Will you purchase it What facilities do you have to test your feed and make sure that its quality is not compromised How will you store the feed Will you feed it fish scraps Things to ask yourself What are my goals Do I have any experience Do I know anyone that has experience in this,
Someone that I can call for advice What don't I know about the fish
On that note, be aware of feed freshness, will you make your own feed Will you purchase it What facilities do you have to test your feed and make sure that its quality is not compromised How will you store the feed Will you feed it fish scraps Things to ask yourself What are my goals Do I have any experience Do I know anyone that has experience in this,
Someone that I can call for advice What don't I know about the fish
Do I have a business plan When
the business starts, how much will I be able to supply How much can I tell
people I will be able to supply to them What is a realistic expectation What
are my countries' rules on aquaculture
Which aspect of the fish or crustacean
will I want to oversee Just the juvenile to adult stage If so, where will I obtain the fingerlings If
I want to start from the brood stock and obtain my own fingerlings, where will
I obtain the brood stock from What is the climate of my area Does my government
offer funding for sustainable fish farms How do I make sure that my farm is
considered sustainable As with all things, start small and get a feel for the
field first.