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MARKET PLAN
Breeding of catfish for business purpose is highly technical
and highly
profitable when practiced. Technicality of the breeding start
s with the
housing construction to its feeding process which dete
rmines the
outcome of the end product, of importance too is the frame
structures
of the fish. A table size catfish is one that weights on
e minimum
a. Place/location
b. Promotion
c. Price uniqueness
d. Product quality
a. Place/location
The farm can be located around outside of lagos region
but also close to a place that can be access
easily . site is located because of the
availability of land, access road network leading strai
ght to the
farm, short deepness to stinking a bore-hole with
out much
difficulties.
b. Promotion
Sign board can be erected to show direction to far
m and its
activities,
ary during
posters
will
be
pasted
where
necess
another cycles.
COST PRODUCTION ANALYSIS
Sn Labour cost
personnel
Salary monthly
Total
No. of
Not specific
N27,000
N15,000
N41,000
ABOVE
Construction
of
2,500,000 10
2,500,000
concrete ponds
Wiring
of
wat700,000
er
System
Construction
of
550,000
550,000
Office
Store
700,000
700,000
ponds
Generator/wiring
350,000
Freezers
200,000
entire farm
2
dee200,000
p
Stinking of borehole
Fishing kits
350,000
freezers
1
350,000
50,000
Complete
50,000
To
e
th350,000
Work
The whole farm expansion will cost us the total sum of 3,04
0,000.
COST OF 10,000 FINGERLINGS AND THEIR FEEDS
10,000 FINGERLINGS
Buying 10,000 (catfish) each at N50
st
1 month
TOTAL
500,000
75,000
month
150,000
3 month
rd
225,000
th
300,000
th
375,000
nd
4 month
5 month
th
6 month
412,500
Drugs
20,000
Fueling of Generator
250,000
Total
2,307,500
THE ESTIMATE PROFIT OF RAISING 10,000 FISHES EVERY
6 MONTHS
At the end of production period that is 6 months, fish is e
xpected to
attain 1kg body weight.
The moderate market price per 1 kg is N700.raising
10,000 fishes expecting 75% of 10,000 fingerlings to attain
1kg,
while 25% might not attain the required body weight, due to
risk of: 10% mortality: this is the number of deaths due to disea
ses.
10% cannibalism: this is the act by which bigger fish
es eats the
smaller ones and it can be prevented by sorting out
the larger
ones from the smaller.
nd
st
1 harvest = N2,882,500
2
nd
harvest = N2,882,500
st
1 harvest + 2
nd
harvest
Profit = 5,765,000.
We can now
rising up
observe
that
the
profit
is
gradually