Catfish Business Plan In Nigeria- Catfish is among the most common fish in Nigeria. The production of catfish in Nigeria based on current studies, it showed that catfish production, distribution and marketing are way lower than its demand.
If you’re interested in doing catfish farming business in Nigeria this is the best opportunity for you to go into the business. If you are wondering how are you gonna start from scratch and make a lot of money, here is your chance. All you need is to get a standard catfish Business Plan in Nigeria latest edition with a detailed analysis on financial involvement and
projection.
We did a lot of research regarding fish farming business in Nigeria especially for those who have an interest in agricultural related businesses, but don’t have the ideal of the potentials of catfish farming in Nigeria. That is the main reason why we’ll be discussing how to start
the profitable business of Catfish Farming in Nigeria, and the hidden opportunities it has. The profitability of catfish farming in Nigeria is very high this is because many Nigerian don’t know how to start the business. What we will are going to talk about in this post is all about catfish farming in Nigeria.
If you have standard fish farming business you might be supplying a lot of Restaurant and other beer parlor all this are line of costumers that at the end of the day you would know the amount of money you would make.
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FISH FARMING BUSINESS PLAN IN NIGERIA
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 for Fish Farming Business Plan In Nigeria
Operational Details and Structure
Machinery/Equipment Requirements, housing, drugs and feeding
Raw materials and sources
MANPOWER REQUIREMENT, MANAGEMENT AND ORGANIZATION for Fish Farming Business
Plan In Nigeria
Management
Personnel requirement
Organization structure
INVESTMENT ANALYSIS for Fish Farming Business Plan In Nigeria
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)
GET YOUR 2020 CATFISH FARMING BUSINESS PLAN IN NIGERIA LATEST EDITION
INCLUDING Financial analysis and feasibility Study manual. Place Order Now,
pay N10,000 to
First Bank
Account Name: Oliver Uwadia
Account Number: 3094192129
After payment text your name, your e-mail address and bank teller number or your transfer reference number to 08107015636 and A Copy of our Catfish Farming Business PLAN In NIGERIA /FEASIBILITY STUDY PDF will be send to your email.
I know you would be asking yourself how much does it cost to start a fish farm because you have seen how those people who are doing it are making it big time. The amazing thing is that it is not that too expense, all you just need is get a business plan on Fish farming business plan in Nigeria.
When you get our Fish farming business plan in Nigeria latest edition and follow each step written in it I have all assurance that your fish farming business would be among the most productive, lucrative business in Nigeria. You will make huge profit because in Nigeria agriculture is among the most lucrative businesses and less competitions. Fish farming business is a wide range of business which includes Tilapia fish farming, catfish farming,
shrimp, prawn and lobster breeding. If you investment wisely you are bound to make profit within a short period of time
Catfish Farming in Nigeria: Overview
First of all, you would agree that catfish is among one of the most commonly eaten fishes in homes, hotels, bars, joints, relaxation spots, and etc. May be you are out and you hear the word “point and kill” don’t squeeze your face wondering what it means. At joints, you could walk up to the fish bowl and point to a live (fresh) catfish you want killed and either used for Pepper-soup or just grilled and peppered.
Catfish business have made many Nigerian millionaire’s and lot of them didn’t really make deep research. The only thing that they are such about is that Catfish business can make they rich; and they went ahead and gave it their all, and now, their fish farming business is giving them millionaires of Naira at the end of the year.
You can be different, as a Catfish farming enthusiast You can have an extra edge over your follow catfish competitions because you have the ’ Guide’ in the palm of your hands, which you can follow and check back on the instructions, or make some personnel extra extensive research on how to go about your business.
Main aim of a business man is taking his business to a higher level than surrounding competition, and that’s what this summarized guide aims to help you with. We are going to tell you what will help you pass you follow competition on how to state Catfish business in Nigeria.
Important questions you ask before you go on to start Catfish farming business in Nigeria are: 1. How much capital can I afford to start the business? (Capital would determine your starting scale – Small Scale or Large Scale.)
2.How many Catfish farmers are in my vicinity? (Knowing this would inevitably help you attach yourself for practical training, if you want, and would also help you determine the competition in your farm area.)
3. What is the demand for Catfish in my area? (Demand is not equal everywhere.)
4. Can I have the time to oversee the farm or do I need to employ a fish farmer? (You need to know for proper budgeting.)
5. What is Catfish farming’s ROI (Return on Investment.)
The things that are needed are list below
1. Piece of Land:
You would need a piece of land to start your catfish farming business, but it all depends on what you can afford. If you are starting small, the all you need is a small scale Catfish farming business, then you can use a space as small as 1.5 square metres by 1.5 square meters. Then, if you have some extra cash to spare, especially since you’re starting small the more fishes you can rear; which also means the more returns you’re looking at, then you use half a plot of land or even a full plot.
2. Fish Ponds:
You can get a space or a land for yourself but construction of fish ponds, not very likely. You need to hire the service of a pond construction expert/engineer. It must be carefully set up and the plumbing works must be accurately connected. An error here might mean the beginning of the end of the business. You can use concrete or plastic ponds.
3. Overhead Tank:
The overhead tank is where the water reservoir for the fishes. The tank might have an independent borehole or it can share from your own domestic borehole (if it’s around your house). Using chemically treated water is not good for rearing healthy fishes. The kind of water that is been used in your fish farming business is very important because you need a clean water supper
4. Fingerlings:
There are lots of various recommended farms where you can get your fingerlings from. Through appropriate consultation with a farming experts or specialist in fingerlings, you can evaluate fingerlings. If possible, check from a few of the recommended farms before making a pick on stock of fingerlings as catfish fingerlings are of different breeds, and it is very important that as a catfish farmer, you take your time to identify fast growing and disease resistant breeds of fingerlings to ensure profitability in a Catfish venture.
NOTE; If everything works out the way you plan at first try, it’ll definitely be thanks to the knowledge you have about the business. If doesn’t, you can always try again and give it another shot because nobody can take away the knowledge of the business in your head. Attach yourself to a Catfish farm and work (for free if they’re not willing to pay). It is imperative you get trained for at least two to four months before setting up your farm
Catfish Farming in Nigeria: Feasibility Study The feasibility study included in this guide is for a farm capacity of 10,000 fingerlings and for a farm that is just starting. The Capital covers from pond construction (which is the common concrete type), fish feeding, production, to marketing. The farm has 10 ponds to contain 1,000 fingerlings cum Catfish each
GET YOUR 2020 CATFISH FARMING BUSINESS PLAN IN NIGERIA LATEST EDITION
INCLUDING Financial analysis and feasibility Study manual. Place Order Now,
pay N10,000 to
First Bank
Account Name: Oliver Uwadia
Account Number: 3094192129
After payment text your name, your e-mail address and bank teller number or your transfer reference number to 08107015636 and A Copy of our Catfish Farming Business PLAN In NIGERIA /FEASIBILITY STUDY PDF will be send to your email.
Fish grows faster than most other animals; hence, the period of the ROI is shorter. Fishes are bought in bulk also by people making health and beauty products.
There’s a very steady demand for fishes in the market. The ROI from fish farming is very attractive and is enough compensation for your time and money.
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