Fish farming falls under the animal production sector of Agriculture, which can also be described as Aquaculture. Aquaculture is the farming of aquatic organism — fishes, crustaceans, mollusks etc., in fresh, salty or brackish water. Fishes are a known source for protein, and fish farming involves the planned growth and cultivation of fishes in tanks or proper enclosures for harvesting as food or commercial purpose.
FACTORS TO CONSIDER BEFORE STARTING Fish Farming In Nigeria
TECHNICAL KNOW-HOW / PLANNING
THE CHOICE OF FISHES TO CULTIVATE
AVAILABLE MARKETS
ENVIRONMENTAL FACTORS/HAZARDS
FINANCIAL ANALYSIS
ECONOMICS (Start Small)
Catfish farming the most popular form of fish farming in Nigeria which is therefore where the discourse of this article will likely be centered.
Our Catfish farming Business Plan is full of help and industry secrets to make sure your Catfish farming Business succeeds. Our main focus is the same as yours! We write business plans for successful business farmers; we want your business to succeed so we write our plans to make sure that it does!
So what is different about our Catfish farming Plan?
Fish Farming In Nigeria Business Plan
The business plan is updated before sending to you. No other company does this.
Our Catfish farming Business Plan is different as we
· Provide you with a unique plan; not the same download as everyone else.
· Update the plan to reflect present economic conditions not those of years ago!
· Use exclusive information from sector experts, trade associations and accountants to ensure the plan is current.
· Use data from successful companies including tips and industry secrets so that you can grow your business.
· Tell you how to get new customers, and keep the ones you have, in the current difficult economic situation.
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
Overview
Product description
Financial projections
Competitors marketing analysis
Proposed Marketing Strategy
TECHNICAL ANALYSIS
Operational Details and Structure
Machinery/Equipment Requirements, housing, drugs and feeding
Raw materials and sources
MANPOWER REQUIREMENT, MANAGEMENT AND ORGANIZATION
Management
Personnel requirement
Organization structure
INVESTMENT ANALYSIS
Mathematical formula for catfish cost production in Nigeria
Capital/initial Cost
Pre-Operating Expenses
Cost production of 50,000 fingerlings Hatchery unit and expected returns (cost of feed, cost of fingerlings, survival rates and sale price of the catfish) in a year
Cost production of 50,000 Grow-out pond unit and expected returns (cost of feed, cost of fingerlings, survival rates and sale price of the catfish) in a year
Cost production of 50,000 smoked fish and expected returns (cost of smoking, weight after smoking, and price of smoked fish) with the following guides
SMOKE CATFISH USING THE CHOKER SMOKER OR COAL OVEN
COMPLETE GUIDE TO INVESTING IN CATFISH FARMING IN NIGERIA
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ACADEMICS
Diploma = #5,000
OND = #7,000
HND = #10,000
B.Sc = #10,000
PGD = #20,000
M.Sc = #30,000
M.BA = #30,000
Ph.D = #30,000
Others = Negotiable
BUSINESS
Business Template = #10,000 (Any Small Scale Business)
Business Template = #20,000 (Any Large Scale Business)
Feasibility Study = #10,000 (Recharge Card Printing business)
Feasibility Study = #30,000 (Farming; Poultry, Fishery, Piggery etc)
Feasibility Study = #30,000 (Palm Oil Mill / Nut Cracking)
Feasibility Study = #30,000 (Cosmetics / Soap Production)
Feasibility Study = #30,000 (Hospital / Pharmacy)
Feasibility Study = #20,000 (Pure water business)
Feasibility Study = #20,000 (Nylon production)
Feasibility Study = #100,000 (Oil industry)
Others industries = Negotiable
NOTE: # Means NIGERIAN NAIRA
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