Decision to Become a Catfish Farmer
To help you determine if catfish farming is feasible for you in your particular situation, a checklist is provided below. It does not cover all of the possibilities, but it does list most of the important considerations. Answering “yes” to all or most of the questions does not guarantee success, just as answering “no” does not mean failure.
Do you already have
suitable ponds or a pond site?
Yes No
□
□
Do you have most of
the equipment (tractors, pumps, storage building, etc.) needed?
Yes No
□
□
Do you have the
necessary financial resources (about $3000/acre investment and $2500/acre annual
production cost)?
Yes No
□
□
Have you made an
estimate of investment costs and annual cost and return?
Yes No
□ □
Have you estimated the
impact of changes in fish prices and feed costs on projected income?
Yes No
□ □
Will current interest
rates and interest costs on investment and operating capital permit a
reasonable profit?
Yes No
□ □
Will the expected
profit provide an adequate return for your labor, management and risk?
Yes No
□ □
Is catfish farming the
best alternative for the land you intend to use?
Yes No
□ □
Can you afford to
forego income until you sell your first crop (usually 15-24 months after
starting)?
Yes No
□ □
Have you looked at
record systems available and picked one best suited to your situation?
Yes No
□ □
Can you afford to
absorb occasional losses?
Yes No
□ □
Are you willing to
devote the time and effort required?
Yes No
□ □
Marketing
Do you know of an
established market for your fish?
Yes No
□ □
Is there a market for
your fish at the time of year you plan to sell them?
Yes No
□ □
Will you have
harvesting and transport equipment, or do you have a suitable arrangement for
harvesting your fish?
Yes No
□ □
Will you be able to
harvest fish year round?
Yes No
□ □
Do you have an
alternative marketing strategy?
Yes No
□ □
Physical Factors
Will the soil hold
water?
Yes No
□ □
Is the topography of
the land suitable for pond construction?
Yes No
□ □
Is there adequate
ground water close enough to the surface for catfish farming or is the amount of
rain run-off from your watershed sufficient?
Yes No
□ □
Is the water quality
suitable for fish farming?
Yes No
□ □
Is the pond area
protected from flooding?
Yes No
□ □
Are the drains in
existing ponds adequate for rapid draining?
Yes No
□ □
Can you prevent wild
fish from entering the pond?
Yes No
□ □
Is there daily access
to the ponds, regardless of weather, for feeding, treating, and harvesting?
Yes No
□ □
Is the pond bottom
suitable for harvesting (smooth and stump free)?
Yes No
□ □
Will someone live
close enough to the pond to allow frequent observation and necessary
management?
Yes No
□ □
A large number of
information requests that are received by Extension Offices for fish farming
are from non-farming, urban residents. Most farmers were born and raised on a
farm. Very few learned how to farm as an adult. This puts the non-farmer at a considerable
disadvantage. Non-farmers will need to go through a period of on-the-job
training. Are you the kind of person who does most of the maintenance and
repair work? Can you put up with outdoor work during bad weather and odd hours?
If so, great these are skills and tolerances you will need on a fish farm. If
not, you may wish to reconsider before getting into fish farming. In addition,
farming today requires much more than just being able to produce a crop.
Successful farmers must have a sound understanding of the economics of their operation;
keep good records and work to find the best markets for their product.
Production
Are good quality feeds
available at competitive prices?
Yes No
□
□
Is there a convenient
source for drugs and chemicals?
Yes No
□ □
Are fingerlings
available at competitive prices?
Yes No
□ □
Can you make or
purchase needed aeration equipment?
Yes No
□ □
Is dependable labor
available?
Yes No
□
□
Is dependable
diagnostic service available?
Yes No
□ □
Do you have adequate
storage facilities for feed?
Yes No
□ □
Are you aware of the
government agencies that can provide you with educational and technical
assistance?
Yes No
□ □
For help and assistance towards
catfish farming generally, contact chris farm Nigeria below the advertisement.
Do you need a business plan to raise fund for your business?
I can help you develop a unique business plan tailored to suit your needs.
I will carry out research and develop MBA grade business plan that you can present to a bank or any investor.
I can help you develop a unique business plan tailored to suit your needs.
I will carry out research and develop MBA grade business plan that you can present to a bank or any investor.
Chris Farm Nigeria develops well self-explanatory, irresistible feasibility studies or business plan for your Business start ups, Business Growth or Expansions through either personal funds, Grants, or loans, which could be new or existing ones. We delight in writing for people under Academic sectors, production sectors, manufacturing sectors, processing or packing sectors, advertising sectors, marketing sectors and other related sectors on mini, middle and large scale businesses.
For your Agribusiness, either production, processing, marketing of any Agro-industry, our feasibility studies or business plan are explicit.
Generally, our feasibility study and business plans are developed so well that it becomes irresistible when you show them to your investors or sponsors. It gives you a clear picture of what you are expected to see when you put the feasibility study or business plans into use. It also shows how much it will cost you to own your desired business, what your money can afford. The kinds of product you will need to minimize input in other to maximize output, and how much returns you will get at the end of each accounting year until your business break-even on its initial investment capital. This will give the intending business person or investor or farmer, a vivid idea on the possible benefit he or she stands to gain, when he or she starts doing the business. With that, the intending business person or investor or farmer will not need a soothsayer to make decision for him or her.
OUR TABLE OF CONTENT INCLUDE;
SECTION 1(Business plan section)
- SECTION I – EXECUTIVE SUMMARY
- NAME OF BUSINESS / COMPANY
- OFFICE & SITE LOCATION
- MOTIVATION
- MISSION STATEMENT
- SOCIAL/ECONOMIC VALUE
- PROJECT STATUS & START UP
- WHY PREPARE THIS BUSINESS PLAN?
- SECURITIES FOR THE PROPOSED LOAN
- REPAYMENT
- SECTION II – STUDY AREA
- STUDY AREA
- COMPANY OVERVIEW
- MANAGEMENT TEAM
- DEPARTMENTS IN THE COMPANY
- EXPERIENCE
- MANAGEMENT TEAM GAPS
- SECTION III – INDUSTRY ANALYSIS
- DEFINING YOUR INDUSTRY
- YOUR INDUSTRY SIZE GROWTH RATE AND SALES PROJECTIONS
- INDUSTRY STRUCTURE
- MARKET OVERVIEW
- MARKET SEGMENTATION
- RELEVANT MARKET SIZE
- KEY SUCCESS FACTORS
- LONG TERM PROSPECTIVE
- MARKET CHARACTERISTICS
- SAMPLING TECHNIQUE
- SECTION IV – CUSTOMER ANALYSIS
- TARGET CUSTOMERS
- CUSTOMER NEEDS
- MARKET NEEDS / SOCIAL PROBLEMS AND SOLUTIONS
- BUYERS BEHAVIOUR
- MARKET SHARE
- SALES FORECASTING
- SECTION V – COMPETITIVE ANALYSIS
- DIRECT COMPETITORS
- COMPETITIVE ADVANTAGES
- SECTION VI – MARKETING PLAN
- PRODUCTS & SERVICES
- FINISHED PRODUCTS
- PRODUCT QUALITY AND PRODUCTION QUANTITY
- PRODUCTION CAPACITY
- PRICING
- PROMOTIONS PLAN
- DISTRIBUTION PLAN
- SECTION VII – OPERATIONS PLAN
- GENERAL APPROACH TO PRODUCTION
- TECHNICAL ANALYSIS / PRODUCTION PROCESS
- EQUIPMENT
- PACKAGING REQUIREMENTS
- SECTION VIII – FINANCIAL PLAN
- REVENUE MODEL
- FINANCIAL ANALYSIS
- FINANCIAL ASSUMPTIONS
- FINANCE CHARGES
- FINANCIAL PROJECTIONS
- FUNDING REQUIREMENTS/USE OF FUNDS
- CRITICAL ASSUMPTIONS
SECTION 2(Feasibility study section)
- FINANCIAL MODELS
- SUMMARY OF PROJECT COST
- BUDGET OF FIXED ASSETS / CAPITAL EXPENSES / INVESTMENTS
- DEPRECIATION
- UTILITIES
- OPERATING EXPENSES (OPEX)
- TOTAL REQUIRED INVESTMENT OUTLAY (REQUIRED START-UP CAPITAL)
- FINANCING PLAN
- INSTALLED / AVAILABLE EQUIPMENT
- BREAK-EVEN ANALYSIS
- LOAN REPAYMENT SCHEDULE AND INTEREST PAID
- FORECAST OF PROFIT AND LOSS
- CASH FLOW
- BALANCE SHEET
- GENERAL ASSUMPTIONS (BREAK EVEN ANALYSIS)
- BUSINESS RATIOS - PROFITABILITY ANALYSIS
- CONCLUSION
- SECTION 3 – APPENDIX
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A PREPARED FEASIBILITY STUDY FOR CATFISH FARM IN NIGERIA
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TIPS ON BROILERS PRODUCTION AND ACTUAL VACCINATION –PROGRAMME AND TREATMENT
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MANAGEMENT OF RABBITS, BEST SELLER
· NOTE; According to our policy, we are not “allowed / permitted” to disclose peoples business or written feasibility study, “to anyone”, irrespective of their personality.
· BUT, WE are permitted to display only executive summary.
· This is just a sample of our executive summary on poultry feasibility study and business plan, carried out in Rivers State.
· 1st sample;
These Feasibility study on poultry farming business (specializing on layers and boilers production), was conducted using projections, impressive publications, compounding interest/values, tables, graph, bar chart, pie chart, profits analysis and cash flow positions in other to give a clear picture of what is obtainable in that location, using eight plots of land, at Esemdiary village, Off Effurun Sapele Road, Okpe LGA of Delta state, Nigeria as a case study.
Esemdiary village is a community in Okpe Local Government Area of Delta State with coordinates 05°26’N 5°57’E, which also plays the host community to the Warri Airport, which is actually located at Osubi.
Okpe Local Government is a territory that used to be part of the original Okpe Kingdom, its headquarters is at Orerokpe, with a population of 128,398 people whose primary occupations include commercial farming, fishing, hunting, trading and gas exploration.
After carrying out the feasibility study on Esemdiary village, Off Effurun-Sapele Road, Okpe LGA of Delta state, Nigeria, it was discovered that, farming generally will do well both on crop and animal production.
HOW TO PLACE AN ORDER NOW?
Payment Methods
Fund Transfer or ATM cash Transfer directly from his/her account into any of CHRIS FARM NIGERIA bank accounts.
If it is an E-Book, project materials, written project or written feasibility study, it will be sent to your immediately as soon as your transaction reflects in our account.
Please note; it will take ten working days to write (or prepare) a feasibility study or a project on your request.
Our bank details are on the website page, Just click on payment to get them
After placing your order, SMS your payment information (Manual title,
Name on teller, payment teller number, and your e-mail address)
E.g. catfish, Kelechi Bisi Amina,531796,allpurpose@yahoo.com
To +2348036925718 or +2348051270981 once I confirm your payment.
The material will be sent to your immediately! By e-mail Trust us 100% to do that.
Advantages of sending your request via email your e-book (electronic book) is downloadable from your e-mail box which allows you to read and print out this book
• Zero shipping costs.
• No wasting time, forget having to wait weeks for postal delivery.
• No risk of products lost in the mail or damaged
Thinking that we might live you after your purchase? Definitely no!
With the CBN policy in Nigeria via bank verification number (BVN), is almost impossible to steal your money from bank transfer or bank payment.
We assure you of maximum support when you need us. Please, do not hesitate to ask us for the way forward.
Get in touch with us today on our phone numbers or send us an email. We await your response……………………….
WRITTEN AND COMPILED BY CHRIS FARM NIGERIA
WEBSITE: www.chrisfarmnigeria.com
EMAIL: chrisfarmnigeria@gmail.com
PHONE: +234(803)-692-5718 or +234(805)-127-0981
LIKE US ON FACEBOOK: www.facebook.com/chrisfarmnigeria
FOLLOW US ON TWITTER: www.twitter.com/chrisfarm9ja
- Bank Deposit
- Electronic Fund Transfer or western money transfer
- ATM cash Transfer
Fund Transfer or ATM cash Transfer directly from his/her account into any of CHRIS FARM NIGERIA bank accounts.
If it is an E-Book, project materials, written project or written feasibility study, it will be sent to your immediately as soon as your transaction reflects in our account.
Please note; it will take ten working days to write (or prepare) a feasibility study or a project on your request.
Our bank details are on the website page, Just click on payment to get them
After placing your order, SMS your payment information (Manual title,
Name on teller, payment teller number, and your e-mail address)
E.g. catfish, Kelechi Bisi Amina,531796,allpurpose@yahoo.com
To +2348036925718 or +2348051270981 once I confirm your payment.
The material will be sent to your immediately! By e-mail Trust us 100% to do that.
Advantages of sending your request via email your e-book (electronic book) is downloadable from your e-mail box which allows you to read and print out this book
• Zero shipping costs.
• No wasting time, forget having to wait weeks for postal delivery.
• No risk of products lost in the mail or damaged
Thinking that we might live you after your purchase? Definitely no!
With the CBN policy in Nigeria via bank verification number (BVN), is almost impossible to steal your money from bank transfer or bank payment.
We assure you of maximum support when you need us. Please, do not hesitate to ask us for the way forward.
Get in touch with us today on our phone numbers or send us an email. We await your response……………………….
WRITTEN AND COMPILED BY CHRIS FARM NIGERIA
WEBSITE: www.chrisfarmnigeria.com
EMAIL: chrisfarmnigeria@gmail.com
PHONE: +234(803)-692-5718 or +234(805)-127-0981
LIKE US ON FACEBOOK: www.facebook.com/chrisfarmnigeria
FOLLOW US ON TWITTER: www.twitter.com/chrisfarm9ja
• A big thank you for your patronage in advance
Your Success, Is Our Optimum Desire
AT Chris farm Nigeria, We Deliver the Best Services…
Other services we render are displayed on our advert below;
ADVERTISEMENT
- We provide feasibility study/business plan for new and existing businesses
- We help you to recruit staff for your company, firm or organizations
- We help you in registering your company, firm or organizations
- Suppliers of any food stuffs
- Building contractor (especially building houses, constructions of ponds)
- Provides Architect for any design
- Help you in getting loans
- Sales of fingerlings, table size catfish, chicks, Grass-cutters, rabbits, snails, and many more
- Farm design
- Feed formulation for general livestock, including
- Floating/Sinking Fish feed
- Soybean oil processing, Teachings on how to test soybean cake,
- Teaching on how to remove the gummy and unpleasant smell of soybean oil
- Palm Oil/Palm nut cracking
- Fish Farming (Pond Construction and Fingerlings distribution)
- Poultry farm (plus marketing ideas)
- Rabbit farming
- Snail Farming
- Grass-cutter/cane rat Farming
- Commercial Crop Farming
- Handwork/Workshop Plan
- Pure Water Business
- Nylon production
- Professional Website design (cooperate and personal)
- Bulk SMS (plus re-seller website)
- Business Software Design
- Logo design plus company slogan
- Printing Press (Graphic design, lithography, banners, poster, handbills etc)
- Sales of battery cage for livestock farming all over Nigeria
- E-books on; Broilers farming, Layers farming, Grass-cutter farming, Rabbit farming, Pig farming, Catfish farming, and many more……
- How to own, manage, and make millions from catfish production (Most demanded)
- Projecting writing, Sales of written projects, and many more…………
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