Fishing business plan

For example, Statistics has it that there are 2.

Smoked fish business plan pdf

The awareness on the potential of aquaculture to contribute to domestic fish production has continued to increase in the country. Like most entrepreneurs, the goal of the fish farm business is for profit, but the underlying benefits cannot be overemphasized, from putting more fish into the system, thereby increasing ACC, ACC, ACC Page 10 STEVARON catfish business plan the chance of more source of protein in the society at affordable rate to reduction of unemployment rate and increase in national income, taxes are paid and wealth are distributed. Vincent Fish and Seafood Aquaculture, LLC is in the fish and seafood aquaculture industry for the purpose of maximizing profits hence we have decided to explore all the available opportunities within the industry to achieve our corporate goals and objectives. We would make effort to contact cold room buyers within the States, and preservation through drying is also an option we are planning for. Our revenue driver, would be the sale of the grown up or adult fish to the market. The truth is that it is one of the means of avoiding running into loss. Business Location 21 c. The participants of this industry are all after which supply type would bring profit.

Marketing Strategy 16 b. This large market of life fish has remained untapped by the residence of States in North East, North West and North Central Nigeria, and you are one of the chosen few to enjoy what it has to offer.

Tilapia fish farming business plan pdf

Seacliff enjoys nice profits and the product is supported by a professional marketing department and an established distribution and production system. Never run the risk of fishing without the proper permits. You may sometimes need federal permits as well. Projection of Annual Sales 11 5. With correct planning and good management, you can easily get N4 million of pure income within half of a year. It is very clear that the demand is far higher than supply. The plumbing work must be done correctly by an expert to ensure the correct construction. However there are very few areas in Mumbai Sewri, Fort where wholesale market of dry fish exists. The days when the only way to get fish is to catch it in local rivers and ponds are gone, today, modern methods of farming allow to grow fish on farms and monitor revenues.

We have a plot of land their which covers a capacity of by meters. Also offering smoked fishes, fresh fishes, fresh water fishes, frozen fishes and packed frozen fishes etc. However the pattern of consumption is found to be higher in the months of April, May, June, July, August, September and October whereas lower in December and following 3 months because of abundance of fresh fish during these months.

Fish selling business plan pdf

For other competitors in the cat fish market, we have a considerable advantage, being that fish farming is our passion and our farm is situated right within reach and the market premises which makes supervision easier and effective. Among our future plans is to also purchase hauler trucks Cold room Vehicle to facilitate the selling of our fish as we intend to dominate the whole of North Eastern States. Vincent Fish and Seafood Aquaculture, LLC will adopt the following strategies in marketing our fish and seafood; Introduce our business by sending introductory letters alongside our brochure to stake holders in the agriculture industry, households, hotels and restaurants and agriculture produce merchant et al. Here are the payment options that St. Reach break even point kits within the first three months. One of the most common trends in the fishery industry is that newer technologies are actually increasing the net profit margins of the business while concurrently lessening the ecological impact of fisheries on the environment. As to what specific type of fishing business will work, coastal entrepreneurs can find all types of options.

It is impossible to be precise about the amount of dried fish produced in Mumbai because the fragmentary nature of the industry which makes the collection of meaningful statistics extremely difficult.

Target Market 9 c. As such, the Company will be able to remain profitable and cash flow positive in any economic climate. The truth is that it is one of the means of avoiding running into loss.

objectives of fish farming business

History of the company 7 b. Competitors Analysis 10 e.

Fish processing business plan

It is very clear that the demand is far higher than supply. Over and above, we have perfected our sale and marketing strategies first by networking with agriculture merchants and businesses that rely on daily supply of fish and seafood that are likely to become our customers. They will find a strategic partner who can take over production, marketing, and distribution activities. The catfish industry in Nigeria is one of the fastest growing segments of the agriculture fish market today. Variable Cash Expenses Feed , Fingerlings , Fuel , Chemicals 70, Labor Cost 46, Salary to Partners: A 32, B 28, C 20, Harvesting and Hauling Cost 30, Other Variable expenses , b. Vincent Fish and Seafood Aquaculture, LLC will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. He is an experienced entrepreneur who has co-ventured the startup and financing of many businesses. Legal status and ownership 8 e. We intend to use market penetration as our marketing strategy. These are the areas we intend generating our start — up capital; Generate part of the start — up capital from personal savings Source for soft loans from family members and friends Apply for loan from my Bank N. Fish culture is done in enclosures such as tanks.
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Fish Farming Business Planning