How to write a feasibility study on fish farming

Tweet 51 Shares Six out of every ten Nigerians do eat catfish on weekly basis.

How to write a feasibility study on fish farming

Industrial fish farming, or aquaculture, provides almost half the seafood around the world and this is expected to increase. Fish is a delicious and nutritious protein source that is also rich in nutrients like omega-3 Fatty acids that improves our heart health and lowers our blood cholesterol level.

Farmed fish has been playing an important role in meeting global protein demands. Rising fish at home could open up many profitable opportunities today. Home raised fish could easily be sold for profit around the neighborhood or restaurants.

There are people who want locally raised fish from organic farms. It could also supply you and your family with delicious fresh seafood. So, why not start your own home based fish farm?

How to start home based fish farming business First thing you will need to start a home based fish farming business is some basic knowledge about raising fish. You will also need to learn about the business side of farming. To raise fish you will need some space in your backyard for digging a fish pond or space in your basement or anywhere else if you want to raise fish in containers.

Fish can be raised in any kind of fish tanks, containers, and tubs.


You could even raise fish in barrels. You will need some basic knowledge about fish, so I would suggest that you get as much knowledge as you possibly can about fish farming.

Below is a list of links that you may want to visit and learn about aquaculture. There is also a webinar video posted below, where you can learn about aquaculture.

Whether you decide to start a backyard fish farm or indoor container based aquaculturethe more knowledge you have the better chances you will have to succeed in your home based fish farming business. What equipment do I need? To start a simple home based fish farm you will need to dig a fishpond or gather some fish tanks or containers for indoor fish farming.

Choose water from a reliable source.

Pond Preparing

Your municipal supply water would be fine. Once you have your pond or container setup, get your juvenile fish and some fish feed to start. For large scale pond based fish farms, you would need some additional equipment. A list of equipment is given below.

You will need the following for a commercial fish farm: Aquarium or fish tank.Starting a Poultry Farming Business – Sample Business Plan Template. 1.

Starting a Poultry Farming Business – Sample Business Plan Template

Select your Poultry Niche. The poultry industry is a broad niche. There are many sub . The marketing aspect is very vital when carrying out a feasibility study on how to start fish farming business in Nigeria. This is determined by the market forces (demand & supply).

One thing you should note in fish business is that the size of the fish determines the market. To assist in formalizing our professional opinion on the feasibility of any shrimp or fish farming project, AquaSol has developed an aquaculture project rating system that scores projects according to various strengths and weaknesses across multiple key categories.

How To Start Lucrative Pineapple Farming In Nigeria

Starting A Chicken Farm For Layers, Broiler And Cockerels. Because of how this document is important to the success of your poultry farm, you need to put in your very best in producing a good plan as the success of your poultry farming business starts from your plan.

If you need a business plan software, Liveplan is a good example. A lot of people in Nigeria, Africa, and several other places around the world who want a business proposal mistake it for a feasibility study report and many others who want a feasibility study report refer to it as a business proposal; all simply because it will be submitted to someone.

Fish Farm Feasibility Study’s team writes first class feasibility study reports. Indeed, hundreds of companies worldwide have utilized our feasibility services. Why Write a Financial or Market Feasibility Study?

how to write a feasibility study on fish farming

dollars and want to have the knowledge readily available to make an educated decision about a projects.