Skip to main content

Fish farming as a business

Anyone interested in fish farming must make a decision, is it for business or sport or hobby?
This discourse is mainly centered on fish farming as a business.
Things you must consider:
Map out your location - in your locality is fish a forbidden meat or is it a delicacy, are there joints, bars, markets spots etc were fish is used or sold?
Once you have answered the questions above in the affirmative, then the location is good for raising fish.
Next find out the cost of fish in the locality this will help guide you on the profit margin in the business and also limit your expenditure. For example if fish is sold in that locality for 500# a kg then you must ensure that you don't spend 400# on a kg of fish. Economics is very important here. You must design a plan to reduce your running cost so as to make profit.
In fish farming, fish have different stages of development, - fingerlings, post fingerlings, juveniles, young adults and the matured adults.
You can decide on which stage you want to do business with.
For me my area is matured adults production.!!!!!
I buy my stàrting stock either as juveniles or post fingerlings, we I feed til matured adults

Comments

Popular posts from this blog

Physical classification of water

Hygroscopic water This is the water present in an air dry soil held tightly by soil solids at a suction pressure greater than 3.1 bar. This type of water cannot be removed by evapouration and roots of higher plants. Only microbial activities have been found to take place here.

Legionnaires disease outbreak in Disney land

Edo Poly Fest 2019

Edo State Polytechnic Usen is the citadel of Academic Excellence under the leadership of the Rector Prof Abiodun Falodun, in a bid to refocus and reposition the school, the school has now become a centre of solution. One of such solution is the forthcoming Edo Poly Festival of Arts tagged Edo Poly Fest 2019, with the theme Uniting Ovia people through Arts. The festival of Arts is first of its Kind in Ovia which will showcase all the various Arts of the people of Ovia . Highlights of the event are Carnival procession Festival Lecture by High Priest Ebohon Cultural dance competition by participants from Udo, Umaza, Usen, Iguobazuwa, Ugbogui, Siluko, Ofunama, Ekoha, Okada, Obazuwa, Egbeta, and a host of other communities Culinary Art competition Raffle draw and other side attractions Participants are coming from the nook and crannies of Ovia who are coming with their colourful Arts. This event is scheduled to take place on the *23rd and 24th September, 2019 by 9am daily.* This fest...