Decision to Become a Catfish Farmer

Decision to Become a Catfish Farmer
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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
                                                                                      □             □
www.chrisfarmnigeria.comA Note to Non-Farmers
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.

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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·         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.

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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)
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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

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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

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  • 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)
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  • 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
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  • Fish Farming (Pond Construction and Fingerlings distribution)
  • Poultry farm (plus marketing ideas)
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  • 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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