This is a complete downloadable Catfish Farming Business Plan in Nigeria. You can download this catfish business to apply for loan, grant or plan your self financed business. It has all the necessary items that a bankable business plan should contains.
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Are you searching for catfish business plan in Nigeria? PDF or Msword? This is rightly available and you can edit it to suite your plan. You can check the table of contents below:
TABLE OF CONTENT
Executive Summary
Industry Overview
Company Overview
Ownership
Location and Facilities
Our Objectives
– Our Vision
– Our Mission
– Responsibilities of staff
Industry Analysis
Market Analysis
Marketing and Sales Strategy
Marketing & SWOT Analysis
– Strength
– Weakness
– Opportunity
– Threats
Shea Butter Start Up Asset Cost Requirements
Shea Butter Production and Raw Materials Estimate
Financial Forecast
Cash Flow Statement
Projected Balance Sheet
Sources of Startup Capital
Viability summary/Conclusion and Opinion
EXECUTIVE SUMMARY
Al-amin Nig. Limited is a farm focused on catfish table size production that provides for a large market range. It also produces manure as a by-product. The company is based in Kaduna, Kaduna State. The founders established the company to bridge the huge gap that exist between the daily demand and supply of table size cat fish in Kaduna metropolis.
Not only that we are interested in meeting the demands of the customer, we also plan to create utmost satisfaction for these customers. We also want to use this business as a means of creating employment within the community it is based in and to contribute to the economy of the country. We plan on provide products with quality and maintain this supply efficiently. This is a business that plans on distributing cat fish to restaurants, home delivery food centers, hotels, schools, clubs, bakery and catering businesses and supermarkets. We also plan on doing this at very affordable prices.
This business plan is meant to articulate the vision and future of our farm, and to appeal to investors and external stakeholders to get involved in this business and help with its funding as it is a capital intensive business. We also hope that it will serve as a guideline for the firm’s employees to move towards the goal of the farm.
Not only do we offer products, but we offer services as well. We plan on providing home delivery services to customers who order a certain amount of products. This offer will mostly be used by the section of our target market that uses eggs, cat fish or fish in large quantities like schools and bakeries.
3,000 fingerlings would be optimum for the initial operation of the business. Production site is in Kaduna, plenty open space, cheap labors, road connection, water availability and immediate access to markets.
Revenue for this will be gotten from personal saving, and grants. Investment in this business shall be allocated to the following purposes: hiring of land, building of fish ponds, feeds, stocking the pellets, hiring the experts and other miscellaneous tasks. Fifty percent gross margin is expected within 6 months of its operations with holding the chances of any accidental or unexpected incidence and we hope to obtain the breakeven point within 1 years.
We have considered the risks, financial, health and technology wisely.
INDUSTRY OVERVIEW
The demand for fish according to the federal department of fisheries (FDF) was 2.1 million tons in 2007 while domestic production was 600,000 tons.
This deficit was partly augmented by massive importation of fish of about 900,000 tons valued at over $800 million dollars. This is a big drawback on our scarce foreign exchange.
This still left a huge deficit of 600,000 tons, hence the concerted effort to ensure self-sufficiency in fish production through aquaculture in Nigeria.
You Can Also Download Poultry Business Plan for Layers or Broilers
The demand for Fish in the country is currently estimated at about 2.66 million tons annually, as against the local annual production of just 780,000 metric tons, giving a demand-supply gap of about 1.8 million tons. It is very clear that the demand is far higher than supply. What do you see as an entrepreneur? Business opportunity!
According to the Norwegian Ambassador to Nigeria, “Nigeria imports fish especially stock fish from Norway, worth over N109.2 billion Naira ($700million dollars) annually”.
In a May 2012 report, the Chairman of Fisheries Society of Nigeria (FISON) Rivers State chapter, Dr. Awoteinm George revealed that “Nigeria produces just 40 percent of the total Fish consumed in the country”. In other words, a 60 percent local production market is waiting for entrepreneurs to fill.
Aquaculture has been estimated to have the potential of producing 2.5 million tons, which if fully harnessed will almost satisfy the local demand for fish in the country. You could take opportunity of this high demand for fish and start a fish farm today.
This could be that business that would make you a millionaire.
The truth is agro-based businesses are very profitable because they meet man’s basic need-Food.
OBJECTIVES
Al-Amin will measure its success by its ability to achieve the following objectives:
1. Becoming the “Best and most hygienic cat fish producer in the area” complying by the national standards for food and drugs.
2. Turn in profits from the first six months of operations.
3. Maintain 50% gross margin ratio.
4. Winning the hearts and tastes of our beloved consumers and establishing a brand image of the company through heavy marketing campaigns in the first one year.
MISSION
1. Al-Amin’s mission is to provide customers with quality, fresh, and valuable products.
2. To respect all employees and enable everyone to have a say in company affairs. Quality and service are our number one priority.
3. To provide investors with opportunities to receive a nice return on investment and high-quality growth.
4. To contribute to the community through physical and social programs. Our farm intends to have the largest cat fish farm products. We plan to increase and expand our production of chicken, fish and eggs to challenge the ever growing demand for these products. The nutritious and protein rich products from our farm would always be the first choice ofour consumers.
OUR KEYS TO SUCCESS
Al-Amin will follow these principles in order to achieve success in its market:
1. State of art pond framework accommodating optimum number of cat fish with lessened possible hazards.
2. Diverse slaughters network, market chain management, optimum inventory level and ‘customer is king’ policy.
3. Regular visits by veterinary medical workers and hygienic cat fish house environment.
COMPANY OWNERSHIP
Al-Amin Nig. Ltd is a private owned business by Jacob Murtala.
How to Download the Complete Catfish Business Plan in Nigeria
The full material is N5000 non-negotiable amount, and you can get it straight to your email for a download in less than 5minutes.
Call 08133717775, or 08030447894
For you to download the complete business plan straight to your email address, kindly Click on the>> DOWNLOAD for immediate response.
You’ll pay the sum of N5000
Bank: UBA:
Account details: AJETUNMOBI OLANIYI
Account name:2089760594
Note: We accept bank transfer as a payment means.
After the payment, send your email address and the business plan topic to 08133717775, or 08030447894 we will send it across to you in five minutes. Be rest assured
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