Saturday 7 July 2012

questions before starting

Here are just some of the key questions to ask yourself before going into fish farming.
Economics:
1. Do you have sufficient financial resources available?
2. Do you own suitable land with a good source of high-quality water?
3. Do you own enough land and water necessary for a profitable venture?
4. Is there a high demand and sufficient market for your product?
5. Do you have the equipment and machinery necessary?
6. Is expected profit from fish farming greater than other land uses?
7. Can you really devote the money, time, and labour necessary?
Also consider the following:
Operating Costs: cost fingerlings, fish feed, electricity and fuel, labour, maintenance, drugs, transportation
Capital Costs: Land & buildings, Building ponds/raceways, Plumbing & pipes
Tanks & aerators, Oxygen meters, Nets & boots
Marketing:
Is there an established market for your fish?.
Is the market demand sufficient year round.?
Do yo have an alternative marketing strategy to rely on?
Physical: do you have a continuous source of clean water?
Does your soil have enough clay content to hold water?
Is the water temperature optimal for the fish species reared?
Do you have good and easy pond access to feeding and harvesting?
Are the pipes sufficient in size for quick draining and easy filling?
Is your residence near enough for direct observation and security?
Production:
Have you had your water tested?
Do you have a reliable source of fingerlings at affordable prices?
Do you have a reliable source of feed at reasonable cost?
Do you have a dependable staff?
What will be your production capacity?
What is the best fish species you want to grow?
Are you aware of the fish reproductive biology and nutritional needs?
Risk assessment:
Can you afford to lose your entire fish crop?
Can you conduct water quality tests?
Is pesticide, metal or oil contamination possible?
Can you deal with poachers and vandals?
Do you know where to go for information and help?

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