Fish Farming Business Plan In Nigeria 2024 Sample
Starting a Fish Farming Business today requires you get a professional help or buy a well written business Plan which can serve as a guide through the set up period. The truth is that there are several business challenge
facing the average businessman/ woman In Nigeria today, especially when it has to do with fish farming as well as the stiff competition that comes with this type of investment, the question now is how to start fish farming in a country like Nigeria? And the get the required return on the investment made in the business.
Overcoming these challenges places you at the pinnacle for your business career. And also the business you get to understand how to start up a business venture in country like Nigeria and being able to running it successfully irrespective of the challenges’ that comes your way.
The Commercial fish farming business plan In Nigeria feasibility study PDF file offers a detailing information on how to start up a fish farming business. For a fact, these are over a thousand species of edible fishes one can actual farm, the most common among them is the catfish, you can see Catfish Farming business plan in Nigeria.
In the business of farming fishes, there are categories of fishes to be farmed, and these fishes has procedures which must be adopted; they are subdivided into two categories, they include;
- Nursery
- Grow-out pond operation
Nursery – The nursery subdivision is a kind of feeder operation which forms the basis for the grow-out pond subdivision. The thing is that the later won’t operate maximally without a functioning nursery. The primary function of the nursery entails the ability of the fish farmer to induce the female fish which makes them to be able to lay eggs. After laying on of eggs, these eggs are either fertilized, incubated or are hatched, these are also known as the fries. In their tiny state, these fries are nurtured for a short period of time, approximately 3 to 4 weeks. At this stage they become what is called fingerlings, the fingerlings can now be transferred to the fish grow-out operation.
Grow-Out Pond operation – This subdivision talks about the fingerlings gotten from the nursery subdivision which will be nurtured until they are matured enough to be sold. This is also applicable to the Catfish farming business.
This feasibility study on commercial catfish business plan centers on the processes involved in growing a fish from the nursery to the grow-out pond operation level. The stages include;
- Pre fingerlings
- Fingerlings
- mini juveniles and then
- Juveniles
These stages can take place within a period of say 4 to 5 months. At that final stage when is has matured into a table size fish, you can then offer them for sale.
Factors Involved In Setting Up A Fish Farming Business
One thing the Fish Farming Business Plan In Nigeria PDF feasibility study will help you in achieving is effective planning and the proper implementation of detailed information that will be useful, below are some of the factors to consider;
Location To Site The Fish Farm – You need to secure a site where the fish farm will be located, getting a suitable land earns you a huge step in the right direction as regards your fish farming business plan In Nigeria. In setting up this farm, things like an accessible road to the farm, nearness to the market etc should be considered. Then after securing your land, carefully map out how every department will operate, from (i) Ponds to the (ii) Farm house (iii) Water supply (iv) Drainage facility etc.
Note – Effective water draining helps your business not to constitute public nuisance in your area of establishment.
Map Out A Workable Fish Farming Business Plan In Nigeria – Your plan is the blood stream of the business. What you have in your plans tells the size of the fish farm you want, either large scale or small-scale. Your plans will also tell of the pond system you will adopt. We have different pond system, they include;
- Re-circulatory system
- Earthen pond system
- concrete/plastic pond system, you can go for both.
Where To Source For Water supply – For your Fish Farming Business Plan In Nigeria to be successful, you need constant water supply, you can use the following sources,
- Bore hole water source, this source has been considered as the best water for fish farming.
- Installing Overhead tanks, this system will help you to retain water and then pumping it into the pond. You can hold water in the tanks for a period as it can also maintain a certain temperature.
Pond Construction – This has to be included in your Fish Farming Business Plan In Nigeria. There are professional pond constructors you can employ to help you construct a quality pond.
Aquaculture Production In Nigeria
The aquaculture production in Nigeria has in recent time attracted considerable attention. With a well written feasibility studies like the commercial fish farming business plan pdf that has created an avenue for private individuals to participate in the venture as a business.
The procedure and technology adapted for growing these fish in the farm method are well detailed in this business plan. Also information contained therein was written with respect to principles of sustainable aquaculture, as well as aquaculture production technology system where the ecological as well as the economic viability persists indefinitely’.
Fish like other living creatures are affected the happening of their environment (water), these happenings can either help their growth or hinder their growth. Fish has an ecosystem that is dynamic in nature, a fact that is contributed by nutrient, weather or season. It is important to know that the dynamic nature of the ecosystem is even more visible in the fish farm system. Hence, ensure that your water supply is constant and then also know when to change the water.
Fish farmers can be successful if they can be pretty much observant and then adapt their farming schedule, this alone can help to boost their fish productivity as well as profitability. By getting this Fish Farming Business Plan In Nigeria, you have a well detailed feasibility study that has all you need to have your commercial production of catfish set up in Nigeria.
TO GET YOUR FISH FARMING BUSINESS PLAN IN NIGERIA. Simply order yours by paying N10,000 to
GTBank (Guaranty Trust Bank)
Account Name – Okite Joseph ikenna
Account No – 0044083736
Once payment is made for the FISH FARMING BUSINESS PLAN IN NIGERIA / FEASIBILITY STUDY PDF, send the following info (i) a valid email address and (ii) your payment details to any of these numbers – 07039768549.
NOTE – It is important to note that the Business Plan for Fish Farming PDF will immediately be sent to the email address after your payment has been confirmed.(Soft copy only)
What will the Fish Farming Business Plan In Nigeria Look Like?
CONTENTS
INTRODUCTION
- Current Situation of aquaculture in Nigeria
- Aquaculture Production in Nigeria
- Aquaculture Policy Environment at National and State Levels
- Success potential
- Skills and abilities for success
- Production feasibility
MARKET ANALYSIS & TECHNICAL ANALYSIS for Fish Farming Business Plan In Nigeria
Overview
- Product description
- Financial projections
- Competitors marketing analysis
- Proposed Marketing Strategy
- Operational Details and Structure
- Machinery/Equipment Requirements, housing, drugs and feeding
- Raw materials and sources
Labour Force, Admin Requirements, And Organisation for Fish Farming Business Plan In Nigeria
- Management
- Personnel requirement
- Organization structure
Capital (Investment Analysis) Involved
This covers for;
- Cost production of 50,000 fingerlings and their expected returns (ROI). Investment in feed, fingerlings etc
- Cost production of 50,000 Grow-out pond and their expected returns (ROI)
- Cost production of 50,000 smoked fish and their expected returns (ROI).
TO GET YOUR FISH FARMING BUSINESS PLAN IN NIGERIA. Simply order yours by paying N10,000 to
GTBank (Guaranty Trust Bank)
Account Name – Okite Joseph ikenna
Account No – 0044083736
Once payment is made for the FISH FARMING BUSINESS PLAN IN NIGERIA / FEASIBILITY STUDY PDF, send the following info (i) a valid email address and (ii) your payment details to any of these numbers – 07039768549.
NOTE – It is important to note that the Business Plan for Fish Farming PDF will immediately be sent to the email address after your payment has been confirmed.(Soft copy only)
Additional Information
- A MANUAL, FIND BELOW THE CONTENT
- TOPICS COVERED IN THE FISH FARMING BUSINESS MANUAL
HOW TO IMPLEMENT THE BEST MANAGEMENT PRACTICES for Fish Farming Business Plan In Nigeria
- Introduction
- Commercial Fish Production
- Sustainable aquaculture production
- Why some fish farmers fail
- Sitting the farm
POND REQUIREMENTS, DESIGNS, CONSTRUCTION AND POND TYPES for Fish Farming Business Plan In Nigeria
- Earthen pond
- Re-circulatory system
- Flow through system (Concrete tank, plastic tanks or vat)
REPRODUCTION IN CATFISH for Fish Farming Business Plan In Nigeria
- Choosing Your Male & Female Brood Stock
- Injecting the Female Fish
- Getting the Male Sperm
- Stripping the Female Fish
- Mixing Sperm with Eggs & Spreading Inside the Vat
- Feeding the Fries
- Daily schedules of works in trough rearing of fries
- Sorting: A Necessary Factor
- Operational cost for fingerlings production
- Diseases of fingerlings
- Transportation of fish
How To Start Fish Farming Business In Nigeria
Fish farming business in Nigeria can be regarded as one of the most profitable businesses out there, this is easy to know due to the high level of patronage the very few fish farms around us get, not only that, fish has been described by nutritionist as an alternative source of protein, so instead of buying the red meat you so much dread, you simply buy either iced fish from a cold room or buy from the fish farm around your area.
Without a doubt Catfish farming is a profitable business ventures and the good thing about starting one is that beginning your fish farm with a catfish, will yield returns earlier since catfishes are easy to get as well as cultivate, with easy accessibility to all types of fish feeds. In a very short and very brief review, we are going to look at how to start a fish farm, things you need to rung a standard fishery in Nigeria, and then a list of equipment required to kick start your business venture.
Entrepreneurship and extensive innovation has made it possible for business enthusiast to run a fish farm business without necessarily going to the river to fish or constant visit to a nearby pond. Today, with enough money at hand, you can easily build a fish pond, supply enough water constantly and your fish will grow and becomes some of the biggest in the market, in order words a commercial fish farm is possible if the capital is available.
Why Fish Farming Is Lucrative With High Profit Margin
A lot could be could be attributed to the reason why fish farm business in Nigeria comes with loads of advantages for the business owner, below are three reasons you should consider going into fish farming;
Affordability but highly Lucrative – In comparison with other meats, fish is cheaper than birds such as chicken and Turkey and then goat mean or beef. Fishery products are popular, with different types, from dried fish to smoked fish and many more, the Nigerian market is filled with different types, hence the possibility of selling faster than meat.
Alternative Source of Protein – As stated earlier, fish offers another protein source, the good thing about it is that it comes with a lot of zero fat. Fish according to nutritionists are of the opinion that fish contains vitamins such as the Riboflavin as well as the ever important vitamin D, also present is the omega-3 fatty acids, in essence, the nutrients in fish could help in situations such as when an individual needs a heart or brain surgery. Other nutrients found in fish includes but not limited to the following;
- Omega-3 fatty acids
- Calcium
- Iron
- Potassium
- Magnesium
- Phosphorus
- Zinc
- Iodine
Rapid Growth – Another reason why fish farming is assumed to be lucrative is because of the rapid growth cycle in fishes, this means you could make profit within a very time from constant reselling of your farm produce.
Hurry now, TO GET YOUR FISH FARMING BUSINESS PLAN IN NIGERIA. Simply order yours by paying N10,000 to
GTBank (Guaranty Trust Bank)
Account Name – Okite Joseph ikenna
Account No – 0044083736
Once payment is made for the FISH FARMING BUSINESS PLAN IN NIGERIA / FEASIBILITY STUDY PDF, send the following info (i) a valid email address and (ii) your payment details to any of these numbers – 07039768549.
NOTE – It is important to note that the Business Plan for Fish Farming PDF will immediately be sent to the email address after your payment has been confirmed.(Soft copy only),
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