How to Open a Fish Farm
- 1). Research fish farming through online resources, books and magazines. Take a college course on fish farming. Visit a local fish farm or government hatchery. Ask lots of questions to familiarize yourself on what it takes to operate a fish farm.
- 2). Put together a financial assessment on starting a fish farm. Investigate capital costs such as building ponds, tanks and aerators. If you have existing water resources, test to see if it is the proper water temperature for the fish you wish to raise. If you do not have existing water, check your soil for the proper amount of clay to hold water. Research operating costs, such as fish eggs, fish feed, chemicals, electricity and fuel. Look into costs for licenses and insurance.
- 3). Apply for necessary permits and licenses to operate a fish farm. Investigate federal and state laws pertaining to fish farming.
- 4). Develop a marketing plan for your fish farm. Investigate the market in your area. Find out if the market is year round or seasonal. Visit local restaurants and supermarkets to gauge their interest.
- 5). Purchase fish eggs that match the temperature of water in your pond or tank. Develop a schedule for the necessary daily care of your fish.
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