To raise fish you will need some space in your backyard for digging a fish pond or space in your basement or anywhere else if you want to raise fish in containers. If the pond is going to be used for netting regularly then it is wise to have an extra layer of matting on top of the liner.
The process takes at least a day and the authenticate Declaration of Compliance form is given to the business proprietor.
Tax incentives are an opportunity for small-scale fish business to survive. Design a business plan to guide you in entering the market. 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.
Our E-BOOK and video is N10, Nigerian Naira only and our service to guide your farm is free for those that do not know how to produce a floating or sinking fish feed. 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.
You will need some basic knowledge about fish, so I would suggest that you get as much knowledge as you possibly can about fish farming. Then place the fish in the pond and begin feeding them.
If a pond is larger than 8m x 5m then it will need to be reinforced. Proper feeding intervals can get the fishes to weigh as much as 1.
Industrial fish farming, or aquaculture, provides almost half the seafood around the world and this is expected to increase. In most cases, you will also need to buy a business license. You want to have enough customers to keep you in business.
For large scale pond based fish farms, you would need some additional equipment. Once placed over the matting temporary weights should be placed on the liners edges to stop it slipping in once water is put in. The total fee charged is determined by the business structure and share capital of the company.
We know that one of the ways of gaining approval and winning customers over is to retail our fishes and seafood a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while.
Attach the certificate of Incorporation with the tax form. Procedure to Site the pond Safety The pond should be visible from school buildings, classrooms etc. It is essential to calculate the amount of clay needed to finish the pond within the day ensuring that there is surplus should a problem arise or after completion before filling.
This way it also stops slipping and allows the pond to be laid in sections so it can be puddled. 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.
Depending on the size and location of your new pond, you may have to get consent from various public bodies before you start work.
Location in school grounds The pond must not be in an isolated position, unless it is secured when not supervised. The cleanest water will come from unfertilized areas such as woodland or grassland.
They are durable if constructed properly able to withstand erosion and can go for long periods of time with drops in water level.
You will also need to learn about the business side of farming.sample business plan for a fish pond business EXECUTIVE SUMMARY Holly Fish and Sea Foods Ltd is a duly registered and licensed business that is set to operate in inner city, Arizona, United States.
To run a successful small-scale fish business, the business person needs to design a business plan, source for funding and officially register its business with the relevant authority. 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. Whether you’re thinking of small scale fish farm or a large commercial fish business, the following are the basic equipment you’ll need to start your own fish farming business in Nigeria; Fish Pond.
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. 1. Create a business plan for your fish pond. You could potentially make money in a few different ways from this type of business venture. For example, you could sell the fish to customers or you.Download