Thinking of Starting an Aqua Farming Business?

Aquaculture - Is it for You?

Aquaculture does offer good potential for financial returns and it can be a rewarding business and one you can be be proud of.  Like any other idea, your business size and scope has to suit you and your resources to have the best chance for success. Do your homework first and plan your business, then work your plan.

Aquaculture can be undertaken on a full time or part time basis. Many successful individual farmers started farming fish on a part time basis and gradually developed full time commercial scale farms after gaining experience and developing resources. Starting a hobby aqua farm is a great way to gain experience and to determine if aquaculture is indeed a business/career choice you wish to make.

Small scale aquaculture requires considerable less investment than a full commercial operation diminishing your financial risks during the development and learning stages. Unless you have good training, farm management experience and strong cash reserves, look closely at starting small and testing the waters first.

If you are unfamiliar with the industry read our aquaculture tour to gather background information. It provides an introduction and an overview of the history of aquaculture. Statistics and information on the need and the potential of aquaculture is also given.

Commercial Aquaculture is a business and like any full time agriculture business it requires commitment of time and effort on your part. Owning your own business means that you will have demands upon your time and it may require you to be available on a 24/7 basis when employees aren't around or when a manager is required to make decisions. An aquaculture business is a lot like owning a dairy farm, the animal care is a continuous process and daily chores are required.

Aqua Farming as a business requires training. To better understand the level of training required read the article overview of an aquaculture training program

The above introduction touched upon the basics of what the business will require from you. The next step is to determine if aquaculture is a business suitable to your location or property. In the following we will cover items that you will need to review in order to more fully evaluate the resource requirements, economics and regulatory needs of a fish farming business. I encourage you to read the following pages and print them for future use as reference guidelines.

Next page: Site Selection - Location Requirements and Needs 

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