FISH FARMING: 6 important things to know before you start

David Kipre

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Invented in China, the first treatise on fish farming was written in 473 BC by Fan Li. There are 2 branches: Pond production, with an earthen pond, in which the fish are fed completely or partially from the biological production of the environment.

Intensive production in artificial ponds or cages, in which the fish are mainly fed with the farmer’s own products.

What are the 6 important things to consider before starting a fish farming business? In order to manage your business well and not to lose your fish, there are some very important things you need to know.

1- First of all, what species of fish can you raise?

Depending on the country or region you live in, it is necessary to know which species are in vogue or at least the most consumed so that you can start without risk. It is recommended to choose tilapia, which is a very common and widely available fish. Salmon and trout can be used for industrial purposes as they are also in great demand and appreciated by the public; catfish, which are very convenient fish, can be used in your fish farming business.

Because of their reproduction and feeding habits, Tilapia and catfish are the easiest to maintain.

2- What kind of infrastructure to raise your fish?

It is often thought that fish can only be raised in ponds with river water, or on large areas of land. It is not really necessary to go and buy a piece of land in the countryside or to go to remote areas. Farming can be done in urban areas, as long as you have enough space.

– Ponds

– Concrete tanks

– Cubitainers

– Fastanks (tanks made from food tarpaulins with wood or iron bars)

The important thing is to find the right structure for your production and your means, since concrete ponds, cubitainers and fastanks are the most suitable for your home or urban working area.

3- How and where can I find the food and fry to produce my fish?

This depends exclusively on your farming area. You will need to contact your Ministry of Livestock, if you want to have adequate resources according to your country’s code. But on average, as far as fish feeding is concerned, it is not necessary to wait for the minimum 6 months depending on the quality and quantity of the fish.

Many vendors now specialize in the sale of these food products and this will allow you to reach a quota of 400gr on average in 4 months of breeding. There are also establishments specialized in the sale of imported food.

4- How profitable is fish farming?

First of all, it should be noted that this is a long-term investment and in most cases it is expensive. It is therefore advisable to have a business plan and a certain amount of money allocated to the activity itself. All this in a sum of about 1540 USD

Once the investment is made, you will inevitably find your bread and butter. Knowing that the production cost of the fish species is between 1,53$ et 2,16$, depending on the duration of production, the seasons and the sales market, and that you can resell your fish per kilogram between 2,30$ et 3,05$, we can therefore admit that it is a profitable activity, as long as you do the calculations well and that there is an adequate follow-up

5- Where and how can I sell my fish after I have raised it?

 Fortunately, fish has no period and is not a seasonal product. It is consumed quite frequently and this makes the market very promising. There are markets specialized in the sale of live fish, restaurants asking for their live aquatic product, and the market women will be happy to have eye contact with the goods they will be offering. Also, the supply is much lower than the demand, so your fish will always sell, especially as the area is not really full.

6- How do I look after my fish?

Here are some details you need to know about your fish farming:

– Fish need shade and a little sun

– The best method is still freehand feeding, where you feed the fish by hand. However, you should avoid smothering them with food.

– Your water tank should be at least 6m deep with oxygenated water.

This article on books for mastering entrepreneurship will surely help you

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