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How to start fish farming

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Starting a fish farming business requires a lot of knowledge, skill and planning as the investor would have to look into a lot of variables to make the business possible. Though starting a fish farming business would require intensive study of both the actual technique in fish production as well as the expenses one has to invest for equipment, the fish farming business can prove to be a very profitable venture.

Studying to start a fish farming business

The very first thing that any prospective fish farming business owner has to do is to soak up on as much knowledge in fish culture as possible. It is highly advisable that he take some college courses or some programs that are related to fishfarming. If the fish farming business owner has no experience it is good that he first try and work for an established fish farming expert to know the ins and outs in fish farming. If he has the knowledge he then has to conduct the research.

Do the research in the fish farming business

The would-be owner needs to study the conditions that surround his proposed location of the fish farm. He must take into account the source of water in the area and how much is flowing from it, what rate and the temperature of the water. He should also look into other naturally available resources around the area such as geothermal water from springs. Some fishes breed faster better in warm water than others. Also look into the conduciveness of the buildings and structures around the farm. After looking into the conditions of the environment the entrepreneur also has to look into the possible market of the fish. It is not profitable to harvest tons of fishes with no buyer. Could there be a contractor for the fishes? How about fastfood chains? How far is the market for the fish and what vehicle will be used to transport the fish? After finding out the possible market conditions the owner must look into organizing the business. The owner must register it as either sole-proprietorship, partnership, corporation or LLC. He must also attend to the commercial license, operating permit and other requirements that may be required by the state.

If after this survey the fish farming business still seems possible then it is time to chart the financial aspect by determining the expected and unexpected expenses of the business. How much would everything cost and what would be the sources of the funds. Through this financial analysis the entrepreneur will know in the long run how much he needs to profit for how long to pay back the overhead cost and if it is profitable to start the fish farming business.

 


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Fish Farming Pros and Cons

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The industry of fish farming has been exercised by our ancestors hundreds of years already, this is according to experts. It is said that about a quarter of the total consumed fish all over the world came from fish farming or aquaculture. Here you can see how important the industry is in supporting the food industry of the world. However, the fish farming industry faces a very big challenge in the recent years on how it can sustain the demand regardless of the disadvantages it could bring to the natural environment.

Let’s discuss the pros and cons of fish farming so you could have a bright idea on you will manage the business.


The Pros and Cons of Fish Farming and How to Deal with it

Let’s start with the advantages. Fish farming was created as an alternative source of freshwater and saltwater fish products to answer the increasing demand of the world for food due to the explosion of the population. Since the oceans and lakes can’t sustain this demand alone, the fish farming industry replaces this shortage by producing fish supply in much quicker time than its natural habitat. The fish farming industry also has been the answer to save some fish species like red snapper and cod from disappearing in our oceans by bringing them in aquaculture farms to revive their population. Another great advantage of aquaculture is the additional job opportunity it can provide to those areas where unemployment is rampant, particularly in the coastal areas. In addition, fish farming can solve the problem of malnutrition by providing enough supply of fish which is a great source of protein, iodine, omega-3, and other nutrients needed by our body.

On the other hand, if there are pros there are also cons. One great disadvantage of fish farming is regarding environmental concern. Because the fish farms contain a huge number of fish that makes them crowded in their artificial home, some of them will die and can cause pollution to their water sources. And when the water sources had been contaminated, it will produce bacteria to infest the area along with other diseases, hence threatening the health of the wild population causing them to die abruptly. Feeding the fish population in the farm is another issue. The feeds are more on fish meals, meaning some species are eating their kind like shrimps and salmons for example. To sustain the fish farm you need a great resource of these feeds, thus making the business extremely unproductive.

 


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