To browse Academia. Skip to main content. Log In Sign Up. Stephen Emmanuel. Naku Hezron. Valia Jacob. About the Fish Industry 4 b. Size of the Industry 4 c. Growth rate of the industry 4 d. Industry structure 5 e. Key success factors 6 3.
History of the company 7 b. Mission statement 7 c. Products 7 d.
Legal status and ownership 8 e. Current Status 8 4. Market Analysis 9 b. Target Market 9 c. Buying Behaviour 10 d. Competitors Analysis 10 e. Projection of Annual Sales 11 5. Revenue Drivers 12 b. Fixed and Variable Cost 12 c. Operating Leverage 13 d.
Start-up Cost 13 e. Marketing Strategy 16 b. Product 17 c. Price 17 d. Promotion 17 e. Distribution 17 7. Development Status and Task 18 b. Challenges and Risk involved 19 c.
Projected Development Cost 20 8.Tilapia fish farming business is a very profitable business, and many people are making money all over the world by starting tilapia farming businesses. However, to build a successful, sustainable tilapia fish farming business, you require sufficient knowledge of how to efficiently keep the fish, good management skills, and a good tilapia fish farming business plan.
This article will outline how to start the tilapia fish farming business, and the tilapia fish farming business plan — PDF, Word and Excel. Tilapia fish farming is a lucrative business, providing income for millions of people, but there are some essential things you need to do before you venture into the tilapia aquaculture business.
You have to decide on the size of your tilapia fish farming project i. If you do not have a lot of capital, you can always start small and grow your tilapia fish farming project overtime. You also need to carry out market research Who are you going to sell the fish to? At what price? You need land to construct ponds for tilapia fish farming. 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.
Your tilapia fish farming business plan should take into account the cost of purchasing or renting the land. The ponds and pond systems should be properly designed in order to be successful in the tilapia aquaculture business. 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. Swimming pools can also be converted into fish ponds, and this is what some fish farmers in urban areas are doing.
Your tilapia business plan should take into account the cost of constructing the fish ponds. Tilapia fish farming requires plenty of water, thus there should be a good supply of clean water at your tilapia fish farm.
Your tilapia farming business plan should take into account the cost of purchasing the equipment needed for operating the fish farming business. Tilapia fish farming for meat production can be started easily using fingerlings. Fingerlings refers to fish that has reached the stage where the fins can be extended and where scales have started developing throughout the body. In this stage, the fish is typically about the size of a finger.
The fingerlings can either be of one sex only male fingerlings or of both sexes both male and female fingerlings. Male fingerlings are suitable if you are into tilapia fish farming for meat production only. Male tilapia grow faster as compared to female tilapia fish, thus they are best suited for meat production. You can use both male and female fingerlings if you want to also breed fish i. When purchasing fingerlings, you should choose suppliers who have a good reputation in the tilapia fish farming business.
The quality of the fingerlings will have an impact on the growth of your fish. The cost of purchasing fingerlings should be included in your tilapia fish farming business proposal. The tilapia fish require feed to grow fast and healthy. Tilapia fish feed can be in the form of pellets and crumble, and there are various suppliers of commercial fish feed in many countries.
When using commercial fish feed only, your feed costs will be high, and this reduces profitability of your tilapia fish farming business. 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. Manure and fertilizers are used in tilapia fish ponds so as to increase the production of the natural food organisms to be eaten by the tilapia fish.
These organisms include phytoplankton, insects and zooplankton. By increasing the availability of major nutrients, fertilizers promote the developmentof planktonic algae, which provide food for the fish.
Manure used in tilapia fish ponds include chicken manure and piggery manure. The fish farming business plan for your tilapia farm should take into consideration the cost of feed and manure. The amount of capital required for the tilapia fish farming business depends on the scale of the project.Did you know?
Proposal Packs are designed for writing farming and agriculture proposals with pre-written templates, samples, graphic design options and automation software. Are you in the business of agriculture, or planning to get into it? If you're running a big, established farm operation, you may be selling crops the traditional way, through brokers and middlemen, and see opportunities to pitch new ideas.
Or you may be selling or servicing industrial farming equipment. Or maybe you want to lease property to another party or start a pilot research project and need to pitch your idea to a local farm or ranch. If you're a small farmer or a specialty operation, or if you're looking to start up such an organization, you'll be searching for new customers, or funding, or both. The best way to begin your quest is to learn how to write a business proposal. Writing a proposal doesn't have to be hard.
You know the business. You know what you want to do. The next question is: how well do you know your potential customer or funding organization? You need to keep that person or organization in mind at all times while writing your proposal, because of course your objective is to persuade them to do business with you.Situation of Fish Farming in Nepal - Documentary - Video Profile - 2016
How do you start off a proposal project? By writing a simple Cover Letter. Just introduce yourself and your proposal, explain what you'd like the recipient to do after reading the proposal, and provide all your contact information. Next, create a Title Page for your proposal. The next pages should be a description of what your potential customers or funders need and want. Put yourself in their position, and describe the need, as well as any limitations or deadlines you're aware of.
For example, markets may not be keeping up with the demand for kosher beef in your area; or perhaps there are no Community Supported Agriculture CSA programs in your county, and customers are driving to the next county to buy produce subscriptions. If you are applying for funding to start or enlarge an operation, you may have received a checklist of items you need to provide, and you can insert that checklist here.
Funding topics may include Funding Request, Use of Funds, Repayment Plan, and various financial topics that a lender will want to see. After you have described the need or opportunity, it's time to describe the solution by providing all the details about what you propose to do. This section could have any number of pages, based on your plans and ideas.
For example, if you want to sell products to restaurants or stores, you'll want to include pages describing your Products and their Availability, as well as explaining Costs and Distribution or Delivery Details. You might describe different Deals or Options, or tell about your Organic or Environmental practices. If you are starting a farming operation, you might describe your Project Plan and Schedule as well as your existing or needed Real Estate and Equipment.
If you propose to provide a service to existing agricultural operations, such as Consulting, Packaging, Transportation, Training, or Services, then you'll want to describe all the tasks you will do. After you have thoroughly described the need or opportunity and your proposed solution, it's time to describe why you can be trusted to deliver on your promises.
In the final proposal section, you should describe your Company History, your Personnel or Team Members, your Expertise, and your Experience. If you've worked on similar Projects, add a page listing them. Include pages about any special Training or Credentials you have, as well as any Referrals or Testimonials that others have given you. If you've won Awards or have a list of special Achievements, you'll want to put those in this final section, too.
Remember that recognition by others is always more credible than bragging about yourself. After you have written the first draft of your proposal, take the time to proofread and polish the wording and the appearance of all the pages.The government has launched a major investment programme to improve production of fisheries in Morang.
The plan aims at increasing incomes of farmers. The government has invested Rs The government has granted a subsidy of Rs, per hectare for farmers to dig ponds.
Of the total budget, Rs million has been allocated for subsidies to dig fish ponds. The project has launched in Katari and Dhanpalthan in Morang and Rangeli Municipality, declaring them as a fisheries development zone. Last year, the project saw 51 farmers dig new ponds on 40 hectares of land for commercial fish farming.
The government had distributed Rs12 million in subsidies to the farmers. This year, new ponds will be dug on hectares, said Singh. The project is preparing to release Rs45 million in subsidies for farmers. The project has envisaged making Morang self sufficient in fish within 10 years by expanding fisheries command areas to 1, hectares from hectares at present. This will increase fish production to 7, tonnes annually from 3, tonnes recorded last year.
This year, the project aims to produce 5, tonnes of fishes. Currently, fish productivity in Morang stands at 4 tonnes per hectare. The project aims to increase the productivity to 6 tonnes per hectare by adopting improved technology.
Apart from Morang, the government has also allocated Rs million in this fiscal year to promote Bara as a fishery hub under the Prime Minister Agriculture Modernisation Project. The number of farmers setting up fish farms and fisheries in the region has increased over the years due to high returns.
Under super zones, Simroungadh in Bara will be promoted for fishery. Under the super zone scheme, the project will help farmers establish fish nurseries, dig ponds and establish post-harvest centres.
The project will mobilise Rs million to dig 9, new fish ponds and Rs25 million to establish fish nurseries on 50 hectares of land. The district produces 10, tonnes of fish worth Rs2 billion annually. Likewise, the government has been developing a fishery block under the Prime Minister Agriculture Modernisation Project in Chitwan district. The project has planned to prepare fish pond in 99 hectares of land, monitor the fish farms and provide training to farmers willing to start a fishery.
Money Fish farming gets govt boost in Morang The government has launched a major investment programme to improve production of fisheries in Morang. Published at : November 2, Updated at : November 2, Related News. Most Read from Money. Editor's Picks.Rainbow trout Oncorhynchus mykiss was first introduced in Nepal in the late s and early s from the United Kingdom, Japan and India, and was re-introduced from Japan in Now the breeding and culture technology of rainbow trout is well developed.
The cost analysis of rainbow trout in this paper has been done on the basis of feed efficiency 50 percent and feed conversion ratio FCRas a result of experiments conducted at the Fisheries Research Station FRSTrishuli in Economic analysis of the production is based on the data collected from the FRS Trishuli and a small-scale private farm. Applying the data from the private farm, total costs including capital cost and consumption allowances give a very satisfactory result.
The rate of return on operating cost is It shows that rainbow trout would be a profitable export if produced commercially. Fish production in Nepal is confined to inland waters including ponds, lakes, reservoirs and rivers. The southern Terai region of the country is the main area for warm water aquaculture. Aquaculture of common carp, Chinese carps and Indian major carps substantially increased from 1 tons to 15 tons from to DOFD, However, cold water fish culture in the mid hills is at the very beginnings although a few ventures show that it is a profitable enterprise.
Rainbow trout is the best suited exotic fish for growing commercially in mid-hills of Nepal. The culture technology and seed of rainbow trout are available in the country. Rainbow trout Oncorhynchus mykiss was introduced to Nepal for the first time in the late s and early s from UK, Japan and India. It could not survive due to the lack of technical know-how and was re-introduced from Japan in During this period, the Nepal Agricultural Research Council developed the breeding and culture technology for this species.
Rainbow trout is a carnivorous species which requires high protein feed and well oxygenated water. In nature it feeds on aquatic insects, small crustaceans and small fish.
It can be cultured using artificial feed of no less than 20 to 30 percent of animal protein. The fish reaches commercial size g during the second year Huet, In Trishuli, Nepal, it reaches g within months from the free-swimming larval stage FRS, Trishulidepending on the quality of the feed, adequate supply of water of suitable quality, including a suitable temperature and dissolved oxygen concentration. Rainbow trout was bred for the first time in Nepal in and its culture was initiated experimentally in Present trout production is more than 10 metric tons annually from two government stations, and about metric tons from the private sector.
He started rainbow trout culture in on a trial basis. Presently, he has been growing 10 fingerlings of rainbow trout each year in an area of m 2. The main objective of this paper is to provide information on the economics of trout production in Nepal and it's potential for future expansion in the private sector.
Both stations are culturing the fish in concrete raceway ponds. As a source of water, spring water at Godawari and river glacier and snow melt water at Trishuli are used. The total area of ponds for trout culture at Godawari is nearly m 2. Trishuli station has about 2 m 2 surface water area for trout farming of which about m 2 has been used for grow-out fish and the rest for broodstock of trout as well as for native fish species.
Presently, three private farmers including Mr. Lama from Nuwakot district and one farmer from Parbat culture trout. This is a positive sign in the development of trout aquaculture entrepreneurship. They can produce tons of trout annually under present conditions. Some new areas are being surveyed to find out suitable sites for trout aquaculture.Are you about starting a fish farming business? Fish farming is a very lucrative business. It has been in existence for a very long time and more and more people have found it a very good means of livelihood.
One of the unique things about the fish farming trade is that you have the opportunity to rear fishes and watch them grow from tiny to big enough to be traded with. Much more than the skills to be garnered there is the business plan that needs to be written. Business plans help you to decipher how a business is really being run. Here below is a sample fish farming business plan.
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. Because of the significant role the agriculture sector plays, the government of most countries ensures that they go all the way to subsidize seedlings, fertilizers, and farming implements and machinery for farmers and also encourage entrepreneurs to go into commercial farming fish farming inclusive.
The Fish and Seafood Aquaculture industry comprises of businesses that farm aquatic animals or plants in controlled aquatic environments. Businesses in this industry make use of some form of intervention in the rearing process to enhance production, such as holding in captivity and protecting from predators, pests and disease.
It is important to state that this industry does not including the fishing and harvesting of wild fish and shellfish especially on the high sea.
Starting Tilapia Fish Farming Business Plan (PDF)
Per capita seafood consumption in the United States has declined over the last five years, putting strain on businesses in this industry. Nonetheless, increases in the price of seafood, combined with a healthy export market, have boosted the revenue growth in this industry.
The revenue generation from The Fish and Seafood Aquaculture industry is projected to grow at an annualized rate of 0. The Fish and Seafood Aquaculture industry is indeed a very large industry and pretty much thriving in all parts of the world especially in developed countries such as United States of America, Canada, United Kingdom, Portugal Germany, Australia and the Caribbean et al.
Statistics has it that in the United States of America alone, there are about 2, licensed and registered Fish and Seafood Aquaculture company directly responsible for employing about 10, employees and indirectly responsible for employing roughly 1, It is important to state that there are no establishments with a lion share of the available market in this industry. If you are looking towards leveraging on the agriculture industry to generate huge income, then one of your best bet is to start a fish and seafood aquaculture business.
One thing is certain about starting fish and seafood aquaculture business, if you are able to conduct your market research and feasibility studies, you are more likely not going to struggle to sell your fish and seafood because there are always food processing companies and consumers out there who are ready to buy from you. We have done our detailed market research and feasibility studies and we were able to secure a hundred hectares of land to start our fish and seafood aquaculture business.
Our fish and seafood farm is going to be standard fish and seafood farm hence will be involved in raising and harvesting finfish e. We are in the Fish and Seafood Aquaculture industry because we want to leverage on the vast opportunities available in the agriculture industry, to contribute our quota in growing the U.
Vincent Fish and Seafood Aquaculture, LLC is well positioned to become one of the leading fish and seafood farming business in the United States of America, which is why we have been able to source for the best hands and machines to run the company with.
We have put process and strategies in place that will help us employ best practices when it comes to fish and seafood farming processes as required by the regulating bodies in the United States of America. At St. We will cultivate a working environment that provides a human, sustainable approach to earning a living, and living in our world, for our partners, employees and for our clients.
Vincent Fish and Seafood Aquaculture, LLC is a private registered fish and seafood farming company that is owned by Vincent Denis and his immediate family members.
How to Write a Fish Farming Business Plan [Sample Template]
The fish and seafood farm will be fully and single handedly financed by the owner — Vincent Denis and his immediate family members at least for a period of time. Vincent Denis studied Fishery and he has well over 10 years of hands on experience in the fish and seafood aquaculture industry. We are in the fish and seafood to make profits and we are going to do all we can to achieve our business goals, aim and objectives.To browse Academia.
Skip to main content. Log In Sign Up. Desmond Onwuka. 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 During the course of my seven years of work experience in the oil sector, I have always dreamt of a business of my own and I continued saving towards it. Inhaving made up my mind on the business channel and with a start up capital at hand, I quite my job to establish this fish farm.
As a newly married, my quest and prayer for a line of work that will give me freedom for my matrimonial responsibility and as well provide financial support the family came to reality. Today, I have employed four years into this venture and I have no regret living my N3m per annum job for it. I am financially better, I am a loving mother to my two children and my husband, I have three staff under my employment and that gives me a lot of joy.
Rampant cases of goiter sickness due to lack of iodine is been recorded in our hospital in recent times due to the scarcity of the main source of iodine, fish in most homes.
Starting Tilapia Fish Farming Business Plan (PDF)
This is a social and economic problem I felt should not be left to the Government alone. Most children that grow with low protein intake end up malnourish and low intelligent quotient. Economically, the continuous importation of frozen fish to the country reduces our GDP, and as economist I know what this situation does to the national income. Also, the ever increasing rate of unemployment in the country is truly becoming worrisome to the Government and well meaning Nigerians.
From my analysis, the cost per kilogram of frozen fish, popularly called ice- fish is N, to achieve this, I weighed three units which gave me a kilogram of and a unit of that size of fish I bought for N Currently, the catfish is sold to main distributors at N per kilogram, and it is retailed at N per kilogram, this makes it reasonably cheaper, survey data has shown that the catfish is preferred to the frozen ice-fish in taste and nutritional value.
For other competitors in the cat fish farming, I have a considerable advantage, being that fish farming is my passion and my farm is situated right within my premises which makes supervision easier and effective.
I have relatively low overhead expenses with few staff presently to match my current production capacity. Currently, our product is not enough for the market women and hotels around my place, isashi, igbara axis. But moving from 5, to my proposed 20, in every three months, I have made extra effort to contact cold room buyers within the state, and preservation through drying is also a planned option. I am also reaching out to industrial users that utilizes the fish for fish meal production and other products.
I have been to Benue state where I saw 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.
Bulk cold room buyers from the northern part of the country are already indicating interest, a near by farm with overfishes stock have not been able to satisfy them and they are always on the look out for more. I have been able to achieve this with three capable staff, my farm manager and two helpers. Production of cat fish is one business that demands care and expertise, the main expenditure in the production cycle is the fish feed and the staff salary.
It takes a life cycle of about six months to get to maturity when fed adequately. Upon hatching, the small fish is started with atamia, this is the powder-like form of the feed, it is the most expensive of all the feed stages but the consumption rate of these fishes at this time is relatively minimal. This feed type contains adequate minerals, vitamins and nourishment to support growth, development and protection hence they are specially made. A matured cat fish is expected to weigh one kilogram or above.
Please see below tabular presentation of the life cycle feeding process and cost per stage. Including other expenses.