Edith Onwuka and my company name is Tekland International Ltd, I took up the business of fish farming when I resigned from my job as an accountant in an oil company in During the course of my seven years of work experience in the oil sector, I have always dreamt of a business of my own and I continued saving towards it.
This sales forecast is a calculated estimate which is only based on some reliable sources. This startup capital will be used properly to get all the needed equipment and resources in place to get started with our fish farming business.
The startup capital will be sourced from our savings in the bank, from my extended family and from my trusted friends. The fish farming business will be owned by the James Hamilton family. It will be located at a very large plot located in inner city, Arizona, United States.
With the aid of academic advisors and business experts students aim to design sustainable projects for target groups, focused on empowering and improving their lives. Integrated fish farm business plan In contrast to other forms of humanitarian organisations, Enactus aims to empower the target communities through the use of social entrepreneurship.
Guided by academic advisors and business experts students of Enactus design a business approach which will provide the target groups with the necessary skills and resources for self-sufficiency.
We are part of the Fish Farm Project, a project focused on building a fishfarm for Red Hill Baraka School to generate income to fund scholarships for orphaned and needy children. Fish farm Business Plan Recently the school has started fish-farming tilapia, to feed the children at school.
This led to the idea that fish farming could be used to help the school less reliant on sponsorship. If the fish farm could be expanded to a larger scale it would be able to be turned into a business which should be able to generate profit that would enable the school to become more self-sufficient.
This is where Enactus UCU came in. Through personal connections a board member came into contact with Lazarus and proposed a project wherein Enactus UCU would design a recirculating tilapia fish farm business plan and help raise funds to make fish farming a sustainable source of income for the school.
Design and Development Current Situation Initially the plan was to build the plan was to build a fish farm on the compound of the school, this was however was not possible. After re-evaluating, a decision was made to build the fish farm, on a quarter acre plot in Eldoret, West Kenya.
Eldoret is currently the fastest growing urban center in Kenya and the fifth largest city in the country. Re-locating the fish farm to Eldoret was a strategic move, which significantly cut costs of rent, as well as Eldoret having a suitable temperature for growth of tilapia.
An employee, Kalistas, with previous experience in fish farming, has been hired and placed on site, where he shall continue with preparations of the startup of the farm. Here a house and toilet have also been built to accommodate him, as he shall be working here fulltime.
Through the help of a government initiative; a rural electrification program, there has been power installation. Future Plans The next steps shall be the excavation of fish farm pond that shall be 8 by 21 meters, which shall have a depth of 3 meters in the deep-end and a shallow-end of 1.
Excavation shall be performed through voluntary manual labor. A greenhouse to further stabilize temperatures shall cover the fish tank. A borehole will need to be drilled and a water tank shall be installed; this will be the source of water for the fish farm.
Fortunately, Lazarus has a good working relation with Jambo Fish Farm Nairobian expert business focused on fish farming in Africa, and through them aeration filters, greenhouse materials, and other necessary equipment shall be purchased. The project shall not be involved in breeding fish, as this would incur to many start up costs, rather juvenile fish shall be bought and developed.
Initial stocks of juvenile fish, as well as fish feed shall also be purchased from Jambo. The juvenile fish will be transported from Nairobi to Eldoret using the school bus, whereas the fish feed, which shall be bought in bulk every two weeks, shall be transported on shuttles a transport system used to transport goods in Kenya from Nairobi to Eldoret.
Additionally, Aquaspark, a global aquaculture investment fund based in Utrecht7hj, is advising project fish farm.
In the timeline, the fish farm will be fully functional by July The aim is to have two harvests of fish each per year, with the first harvest in January Tilapia grows to their full size, between one and one and a half kilograms in approximately 6 months. The first harvest would therefore be in January In the table below, you can find the breakdown of all these costs.
All the costs shown here are final estimates, as given to us by our Kenyan partners. These costs include, apart from the much needed building materials, the payment of the rent of the plot of land on which the fish farm is situated for the first two years, the payment of the loan of the guardian for the first nine months, and the maintenance costs for the first six months.
Revenue and Profit The most important part is of course the eventual profit that will be made by this fish farm.
Our Fish farm would produce about full grown Tilapia filets every half year that is because on average out of the fish will not be suitable for sale.
However, we are also looking into the possibility of selling the fish to local fishmongers in Eldoret itself, what would increase the selling price even more. When the Tilapia fish are full-grown, they weigh about ,5 kilos each.
Taking an average weight of 1,25 KG, this would come down to a revenue of approx. This is a conservative estimate, using the lower price offered by Super Cut Ltd, the fact that some fish might weigh less than others and the fact that some fish might not be suitable for sale.
This comes down to a yearly revenue of approx.Business plans are a key tool for existing aquaculture companies that need to prepare the business for outright sale, a new venture, or to obtain financing. Furthermore, all businesses should have a "living business plan" that is constantly updated as the business climate and strategic vision of the farm evolves.
Free Farm and Food Production Sample Business Plans A good business plan will help your farm or food production business succeed.
Before you start writing your business plan, take a look at some sample business plans for farms, food growers, food production facilities, and other agriculture-related businesses. A good business plan will help your farm or food production business succeed.
Before you start writing your business plan, take a look at some sample business plans for farms, food growers, food production facilities, and other agriculture-related businesses.
Candlelight Cichlid Breeders fish breeder business plan executive summary. Candlelight Cichlid Breeders is a start-up tropical fish breeding center. Fish Breeder Business Plan Sample - Executive Summary | Bplans/5(21). A business plan doesn’t have to be long – in fact, consider this one-page business plan (PDF) from Gaia University Northeast, developed by Ethan Roland.
(With all the financials, it does expand beyond the mini-plan model, but that first page is amazingly concise!). Commercial fish farming business plan free download sample Enactus is an international student run non-profit organization focused on improving the quality of life and living standards for those in need.