There are so many businesses you can invest in and still make huge profits! The nursery operation is the basis for the grow-out operation and as such it cannot be operated without the nursery. Setting up fish farm requires more careful planning and much capital input.
High level of competition The big market dictates its rules, it is important to be able to handle competition in this business. Change the water every 2 or 3 days.
Most people start out with Catfish, which is relatively easy to cultivate and very lucrative.
The two subdivisions are the nursery and the grow-out pond operation. Tilapia fish in second place, such fish grow rapidly even in poor quality water. So, while the markets determine aquaculture opportunity, the ecological and economic principles determine the choices for sustainable aquaculture e practices and technology.
Agriculture merchants Our Competitive Advantage It is easier to find entrepreneur flocking towards an industry that is known to generate consistent income which is why there are increase number of fish and seafood farmers in the United States of America and of course in most parts of the world.
This constructed dimension would be able to hold about 1, grown fishes.
Before you start stocking your fishes, you need to disinfect your pond with an anti-fungi and an anti-bacteria. There is so much money to be made in aquaculture Tilapia fish farming, catfish farming, shrimp, prawn and lobster breeding ; if done right.
Location of drainage facility. A small-sized pond costs about half a million naira to setup, but this is as a result of the cost of hiring labour and the construction costs. After the average weight of the fish was 1.
In Progress Creating Awareness for the business both online and around the community: Cat Fish — Even though Catfish is not the most popular fish in Nigeria, this fish species is by far the most cultivated in Nigeria.
Much unlike poultry farming, fisheries can be established practically anywhere as they do not pose an environmental hazard. You need to apply good management skill and follow the acceptable standard.
It is also possible to use concrete pond, drum pond or plastic tank.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.
You can also be part of our practical fish farming training which gives you the opportunity to visit one of our associates’ fish farms (near you) and learn, on the farm, how to start and run a successful fish farming business in Nigeria or invite our experienced fish farmers to come and help you in setting up of your fishery business and stay.
Poultry Farming Business Plan In Nigeria - Our chicken farming business plan can also be used for bank loans, grants, proposal for competitions Northwestern University Law School >>> Check this awesome product by going to the link at the image. 9 Challenges of Starting a Fish Farming Business In Nigeria Fish farming is a very lucrative business and a profit maker all year round.
The reason for its profitability can be attributed to the fact that it is a food and it is always in demand. Fish farming business plan step by step Step 1 Setup a 10ft X 10ft earth fish pond with a depth of about 4ft to 6ft, for this purpose you need around $ to.
There are so many information on the internet on how to start fish farming in Nigeria especially catfish farming but few are detailed enough to really assist aspiring fish .Download