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8 things to consider before starting a fish farming business

 

Woman feeding fish in extensive pond system, Kawala, Mbala District

Are you considering entering the fish farming business, and are you considering factors to consider when planning to locate your fish pond? Fish farming is one of the thousands of dollars of profitable business ideas during the harvest season.

Have you gone into fish farming, but it doesn’t seem to be growing as expected? If so, please read and study this guide carefully as its promise to provide you with all the necessary factors to know before sitting on a fish farm.

1. Market

If you want to build a fish farm, the market is the first thing to consider. It also applies to almost all agricultural enterprises. If you want to make a profit and continue your business, you want to know who and where to sell your fish, unless you don’t consider selling your fish after harvest.

2. Machines for making fish feed

Fish feed extruder is a necessary equipment for small and medium-sized fish farms and fish feed processing plants. Through the fish feed extruder we can use cheap local raw materials to produce high-quality feed according to the nutritional needs of fish, which may save your feed breeding costs.

Smallholder fish Pond farmers in Luwingu, Northern Province, Zambia

3. Location of the farm

The location of the fish farm is very important. The location may affect several other factors, such as the type of pond and water source. Choose a location that suits the type of fish you intend to grow. You need to consider several other factors to find the right location for your fish farm. If you are considering digging out a pond, you will need a location with the right soil type and adequate water supply.

4. Where can you gather knowledge?

Once you find the right location for your business, you need to learn as much as you can about fish farming before you actually start investing in it.

To learn about the fish industry, visit several fish farms in your area or find online resources. Visit some fish farms to find out the pros and cons of fish farming.

5. Do you need a business plan?

Before starting any business, you need to develop a business strategy. Your business plan should contain all necessary information about the company structure, expenses, expected investments, and expected return on investment.

Take some time to consider all possible costs and make sure everything you need to do business in the plan is included. Determine what you need; How many employees, what equipment and supplies, your overhead, capital and assets.

6. Availability of water

No fish farming without water. So when you want to build a fish farm, quality water must be one of the main resources you look for. In addition, your fish farms and operations should not cause problems for other uses of water, especially if used by others.

7. The choice of fish type

You may also want to consider the fish type you want to keep. Depending on the preferences and recommendations of the experts, you can choose some of them. There are tilapia, catfish, tuna, salmon and so on.

Smallholder fish Pond farmer, Luwingu District, Northern Province, Zambia

8. Environmental factors

The environment is very important because your farm may face potential dangers and threats, such as vandals, insects, birds, snakes and cats. Environmental conditions may also be related to climatic conditions, such as rainfall and sunshine. Environmental conditions/hazards determine the habitat type for fish farming.

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