Personally, I use the phrase “Farm Small business” to refer to a mix of primarily Fish Farming enterprises integrated with other livestock enterprises (such as piggery, poultry, rabbitry and so forth) AND complementary crop farming, earthworm rearing, daphnia culturing, feed formulation/compounding etc.
Integrated Fish Farming Assists Shield YOU Against Dangers & Uncertainties
I have carefully studied trends out here (which remains Very unregulated and disorganised) and have come to 1 conclusion: 1 desires to be reasonably self-enough in one’s farm enterprise requires – in particular as it relates to timely acquisition of critical, and critical inputs which if permitted to vary in good quality or availability could trigger big setbacks in the farm’s operations.
Crucial inputs I refer to contain brood stock, fingerlings, feedstuffs and so on – the supply/quality of which might not be reliably assured as unscrupulous suppliers may possibly let the enterprise owner down at any time!
It is my opinion that this strategy that requires running a farm business enterprise primarily based on a mix of higher profit/low capital and operating cost livestock and other enterprises, guarantees that ALL the farm’s resources – which includes labour – are maximally utilised ALL year round.
This is in contrast to the circumstance that happens with exclusive crop and other seasonal farming enterprises which have to be timed to coincide with the a variety of seasons.
So, if you are preparing to get started a farm company of your own, and want to appear forward to – and obtain – Genuine long term monetary returns, I suggest you opt for to make your farm run primarily based on a livestock production enterprise – fish farming (specially catfish) getting A single that presents fairly dependable/affordable returns with relatively reduced capital needs – integrated with other complementary enterprises.
Provided the tough, risky and uncertain nature of our socio-financial atmosphere, Integrated Micro-Little Scale Fish farming is the easiest, least expensive, AND least risky to find out and start-up PLUS it provides – with superior management – potentially the MOST rewarding monetary returns.
That is why I chose to focus on it more than poultry for instance, which is reasonably Additional capital intensive and operationally demanding. Over time of course ANY individual (who has recorded progressive good results in micro/little scale fish farming) can “graduate” to additional capital intensive levels.
Bisnis ikan cupang , to sum it all up, I think EXCLUSIVE fish farming for individuals and little groups operating on micro to little scale is a bit as well risky and prone to adverse impact of the unpredictable financial climate out right here in Nigeria. Elsewhere this might not be that much of an challenge of course (That’s up to the farm business enterprise commence-up/owner to determine).
For instance right now petrol price is no longer 65 naira per litre. Rather it has jumped up ten “NAIRA” steps to 75 naira per litre – courtesy of a government increase. This – like other unplanned and therefore unexpected government policy adjustments prior to it – WILL have a multiplier impact on so many operating variables/inputs utilised on several farms. By obtaining a complementary mix of enterprises, the fish farmer cushions his farm small business against direct effect that could in its worst manifestations, “KILL” it – literally speaking.
Final Words: Make Confident You Seek Competent Counselling
All that I have mentioned here is of course my personal opinion. Please Recall that you DO NOT have to accept my suggestions – and I strongly recommend you seek the counsel of competent experts in creating up your mind.
Note nevertheless that in taking tips from Any one (myself included) you will require to verify and make particular that s/he has a Complete appreciation of the dynamics that come to play in the operating of the farm organization enterprise(s) being thought of, in YOUR chosen atmosphere. What I offer you you right here is derived from substantial expertise-based evaluation of the challenges faced by owners of the farm businesses mentioned.
If you need aid creating up your mind about what farm enterprise to venture into, I recommend you study my report titled “14 Important Questions-Difficulties to Look at in Order to Choose (& Startup) The Suitable Farm Enterprise”.