How do I start a successful fish farming business?
The business look very lucrative as supply side has been consistently below demand. But this is not too adequate a platform for one to jump into the business
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- There is an inital investment in the land to build your pond(s) on. Then you have to know how to keep your fish alive.
- buy/win goldfish from the cheapest looking county fair you find....if ya can keep it alive for more then 2 weeks then give yerself a pat in the back coz you have all the makings of a great fish farmer...lol..or you can first start by joing a small fish farming industry to learn the trick of the trade before you venture out on yur own...i prefer the goldfish way...save money and time...lol
- THINK like a FISH...is the key...put your self in their scales...lol
- I recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box. Associations may be a good avenue to explore as well. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links. Research, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant: How to Start and Manage a Fish Farming Business: A Practical Way to Start Your Own Business by Jerre G. Lewis Small Scale Crayfish Farming by Don Wilson Intensive Fish Farming by Jonathan Shepherd, Niall Bromage Hope that helps! I wish you much success & happiness in all your ventures!
- a great marketing hit! if you do this right you get a profit return in less then 6 months! the Japanese are desperate! they pay hundreds of $s for some species of fish! you need a certain amount of money before even thinking of going into this business. the most important aspect is doing everything from the early start. if you email me, I can surmise from the size of your investment, how big a project you can launch, and which consultant you can hire. There are very few fitting consulting aquaculture companies in the US, and even for a small project you must import one to make it worthwhile.
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