Fish Farming | Profitable Business: Article: Page 124

Fish Farming | Profitable Business:
Starting a profitable fish farming business you will need to have substantial financial resources with land and good quality water bodies Fish is healthy, protein-rich and tasty food with low cholesterol and calories. Get enough knowledgeable about process.

Procure necessary equipment and machinery for the business also. Fish farming plays an important role, providing jobs in operations and ancillary services. Bank loan assistance are also available on the fish farming project.

Cost Calculation: Two types of capital investment broadly include in this farming business. One is capital cost and other one is operating cost. * Capital cost includes land & building, crafting ponds, plumbing arrangements, several tanks, oxygen meters, vehicles for transport. * Operating cost includes purchasing eggs or fingerlings, fish feed, fuel, electricity, labor, chemical, medicine, tax, insurance, telephone, transportation and other maintenance cost involved.

Important Consideration: Business planning is the must. Do Market research. Understand the local market. If you want to start for export, then talk to fish processing units prior. Choose right species of fish. Get training from Government farms, in Water management, feeding, disease control and processing skills.

* Ensure an easy access to the pond for feeding. Get source of water.
* Water temperature is optimal for the fish species.
* Find out suppliers for fish eggs, fingerlings and fish feed
* Learn technical method of risk assessment and risk management.
* Get legal permission needed to start in your locality.

Fish Hatchery: is an artificial place for breeding, hatching, and rearing through the early life stages of animals, finfish and shellfish. Selection of right species is important. Commonly raised in hatcheries include Pacific oysters, Indian prawns, shrimp, tilapia etc.

Tilapia Fish Farming: Tilapia has become popular fish. High protein content, large size, rapid growth, 7 months to grow and palatability; are the major reasons.

Shrimp Farming: Extensive shrimp farming operation is considered simplest culture approach. Market demand is very high and can be initiated small-scale basis.

Prawn Farming: A fresh water prawn farm is very similar to a freshwater fish farm. With the help of modern improved technology, one can start prawn farming to meet local and export demand both.

Wishing you all the best,