STARTING A FISH FARM BUSINESS PART ONE
Hi guys,
Is happy Sunday out here,
On today's article, I am are going to write on
how to start a fish farming business.
Fish farming is one of the trending farming business in Africa
most especially here in Nigeria.
The business is a lucrative one and if done properly will
or can give a double payback for the specific duration.
The frequent demand for some fish products like the Catfish,
The Tilapia fish, , and Mackerel (Salmon) in Nigeria has made
the industry grow constantly.
According to Wikipedia, Aquaculture, also known as aqua-farming,
is the farming of aquatic organisms such as fish, crustaceans,
molluscs and aquatic plants. While Aquaculture covers multiple
facets, fish farming is the most common in Nigeria, and Africa as a whole.
To start a fish farm business, you need to gain knowledge or expertise,
since your new in the business.
It will be a good idea for you to read some books on fish
farming. Go to fish farming sites and see how it is being done.
The idea of some knowledge about it will prompt you to decide if yo can run it
alone or with some one.
After getting knowledge on it, it is advice you start small until you start
gaining expertise then you can decide to go large.
BENEFITS OF FISH FARMING
- Starting cost is low:
As we all know, starting a business today is very expensive.
The fish farming business starting cost is low.
Generally, fish farm business has a low start up cost. It does not require
much knowledge and is easy to learning the techniques on how to care for
the fishes.
- Operation cost is Low:
Starting up and running an aquaculture farm is low in cost when it is compared
to other farming business, like the poultry farming. A friend of mine that has
a poultry farm once complaint to me about the high cost of buying feed for
the birds and when these cost is summed to the gain at the end of rearing that
it is almost as equal to the total cost of the sold amount. But fish farming has a lower
operational budget because of its cheaper fish feed and running costs.
- Environmental Effects:
Poultry products can cause diseases (like Bird Flu) which could cost the
farm owner a lot of wasted investments if not handled properly,
The air pollution's that the birds waste produce some times is also disturbing.
But in fish farming, this are not the case.
This are some benefits of fish farming and if the practice is put in place, the
entrepreneur will be an employer of many.
The business also serves as a way to reduce unemployment in the country.
Th fish farming business is a very lucrative business to partake in.
In my next article,am going to proceed to other part of the fish farming business.
Thank you and buy for now