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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.
Inhaving made up my mind on the business channel and with a start up capital at hand, I quite my job to establish this fish farm.
As a newly married, my quest and prayer for a line of work that will give me freedom for my matrimonial responsibility and as well provide financial support the family came to reality.
Today, I have employed four years into this venture and I have no regret living my N3m per annum job for it. I am financially better, I am a loving mother to my two children and my husband, I have three staff under my employment and that gives me a lot of joy.
Rampant cases of goiter sickness due to lack of iodine is been recorded in our hospital in recent times due to the scarcity of the main source of iodine, fish in most homes.
This is a social and economic problem I felt should not be left to the Government alone. Most children that grow with low protein intake end up malnourish and low intelligent quotient. Economically, the continuous importation of frozen fish to the country reduces our GDP, and as economist I know what this situation does to the national income.
Also, the ever increasing rate of unemployment in the country is truly becoming worrisome to the Government and well meaning Nigerians.
From my analysis, the cost per kilogram of frozen fish, popularly called ice- fish is N, to achieve this, I weighed three units which gave me a kilogram of and a unit of that size of fish I bought for N Currently, the catfish is sold to main distributors at N per kilogram, and it is retailed at N per kilogram, this makes it reasonably cheaper, survey data has shown that the catfish is preferred to the frozen ice-fish in taste and nutritional value.
For other competitors in the cat fish farming, I have a considerable advantage, being that fish farming is my passion and my farm is situated right within my premises which makes supervision easier and effective. I have relatively low overhead expenses with few staff presently to match my current production capacity.
Currently, our product is not enough for the market women and hotels around my place, isashi, igbara axis. But moving from 5, to my proposed 20, in every three months, I have made extra effort to contact cold room buyers within the state, and preservation through drying is also a planned option.
I am also reaching out to industrial users that utilizes the fish for fish meal production and other products. I have been to Benue state where I saw basket load of tomatoes thrown away at the end of market day but fish is one product that is never sufficient for sale and here are adequate preservation processes available.
Bulk cold room buyers from the northern part of the country are already indicating interest, a near by farm with overfishes stock have not been able to satisfy them and they are always on the look out for more. I have been able to achieve this with three capable staff, my farm manager and two helpers.
Production of cat fish is one business that demands care and expertise, the main expenditure in the production cycle is the fish feed and the staff salary. It takes a life cycle of about six months to get to maturity when fed adequately.
Upon hatching, the small fish is started with atamia, this is the powder-like form of the feed, it is the most expensive of all the feed stages but the consumption rate of these fishes at this time is relatively minimal.
This feed type contains adequate minerals, vitamins and nourishment to support growth, development and protection hence they are specially made. A matured cat fish is expected to weigh one kilogram or above.
Please see below tabular presentation of the life cycle feeding process and cost per stage. This stocking is done every two months, hence at the maturity time of a set we already have three younger sets waiting.
On harvesting, the following set is usually four months old and the one following is two months old while the youngest set have just been hatched.The Agricultural Grant Funding Sample Proposal is an example of a proposal using Proposal Pack to submit a grant for funding proposal.
This is a good example to follow for anyone proposing farming or agriculture related projects. Food and Farming Hydroponics Farm Sample Business Plan.
Using this sample business plan will give you the necessary steps when putting together your hydroponics farm business plan. Published. 7 months ago. on. Related: Apps To Help You Write A Business Plan.
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