The internet has numerous information about fish farming. However, it becomes challenging to identify the essential ones. Not every piece of data about fish farming might be useful to you. Some data are not detailed enough.
Fish farming is one of the most profitable agricultural businesses in Nigeria. Harvesting fish is beyond free fish from the sea. And yes!!! People pay well for rearing fish. You only run at a loss when you make errors in the business. This is why you need adequate knowledge before starting a fish farm.
Some knowledge is gained with experience. But, you must learn some before aspect. If not, the price for experience can be too heavy to pay. That is why I would be sharing experts\’ observations from fish farming. The observations would serve as a guide to starting fish farming. If you are interested in fish farming, don’t miss this. Secrets to fish farming success would be revealed.
4 Guides To Starting A Successful Fish Farm
Location
The most important thing when starting your farm is the location. This is because other factors are considered variable. You can restock or change employees but your location is permanent.
Finding a good location takes patience. It is delicate to rush in securing land. You have to know the region\’s reaction to seasons. Some places are prone to floods, which can wash your fishes away.
It is advisable to watch your desired area for a year. That way you can know if it will be suitable for farming. it would be a great site if it is close to a river or water body. But, if you are rearing non-salt water fish don’t use salt water bodies. Water bodies will reduce your cost and aid fish growth.
Market Demand
Most new farmers make mistakes at this point. As a fish farmer, don’t rely on comments from people. You have to find your market and confirm sales.
It is wrong to search for your customers when you are about to harvest. You search for your market before rearing.
Your market demand also includes farming the specification. Not all fishes are bought. Some have very slow sales. This is bad because you have to keep feeding. Most potential buyers have their standard size of fish. You have to use that specification to farm. Your question might be how to augment the variation in customer demand. Not to worry, most standards are the same.
Capital Intensive
Fish farming is a capital-intensive business. You need more money than manpower. This means you will need a good portion of the cash. Fish farming deals with variables that need immediate cash. One of the most critical variables is fish feed. It is known as the “almighty feed problem”. You have to keep enough cash to conquer this problem.
Capital-intensive business is also a blessing in disguise. It reduces your worry about management. However, it increases your tendency to fraud. Your employers might take advantage of the large cash deposit. This means you should be careful about how you manage funds.
Training
You cannot have a profitable farm without adequate knowledge. You must learn about fish farming. Find the right teacher to learn from. You need to learn from an experienced teacher. Without that, your knowledge might be wrong. A good teacher would also serve as a life guide in the future. Do not hesitate to pay for learning.
Training does not also have to be from one person. Experience from many farms is advised. That way you can pick the best technique to work with. Expertise also includes your staff. When selecting workers, evaluate their experience.
Conclusion
While establishing your fish farm, it is also good that you keep funds in reserves. Emergencies can arise anytime.
To start the business, you have to believe in yourself. Everything starts with your confidence.