In this text, I supply (as I’ve completed in earlier writings) I supply extra concepts for potential consideration by farm enterprise homeowners, in direction of making certain profitable startup and long run success of their farm entreprises.
Personally, I exploit the phrase “Farm Business” to consult with a mixture of primarily Fish Farming enterprises built-in with different livestock enterprises (akin to piggery, poultry, rabbitry and many others) AND complementary crop farming, earthworm rearing, daphnia culturing, feed formulation/compounding and many others.
Integrated Fish Farming Helps Protect YOU Against Risks & Uncertainties
I’ve fastidiously studied developments out right here (which stays VERY unregulated and disorganised) and have come to ONE conclusion: One must be fairly self-sufficient in a single’s farm enterprise wants – particularly because it pertains to well timed acquisition of important, and significant inputs which if allowed to range in high quality or availability might trigger main setbacks within the farm’s operations.
Critical inputs I refer to incorporate brood inventory, fingerlings, feedstuffs and many others – the availability/high quality of which might not be reliably assured as unscrupulous suppliers could let the enterprise proprietor down at any time!
It is my opinion that this method that entails operating a farm enterprise based mostly on a mixture of excessive revenue/low capital and working value livestock and different enterprises, ensures that ALL the farm’s assets – together with labour – are maximally utilised ALL yr spherical.
This is in distinction to the scenario that happens with unique crop and different seasonal farming enterprises which must be timed to coincide with the varied seasons.
So, if you’re planning to start out a farm enterprise of your personal, and need to stay up for – and procure – REAL long run monetary returns, I counsel you select to make your farm run based mostly on a livestock manufacturing enterprise – fish farming (particularly catfish) being ONE that provides pretty dependable/affordable returns with comparatively decrease capital necessities – built-in with different complementary enterprises.
Given the tough, dangerous and unsure nature of our socio-economic setting, Integrated Micro-Small Scale Fish farming is the best, most cost-effective, AND least dangerous to be taught and start-up PLUS it presents – with good administration – probably the MOST rewarding monetary returns.
That is why I selected to give attention to it over poultry as an illustration, which is comparatively MORE capital intensive and operationally demanding. Over time after all ANY individual (who has recorded progressive success in micro/small scale fish farming) can “graduate” to extra capital intensive ranges.
So, to sum all of it up, I consider EXCLUSIVE fish farming for people and small teams working on micro to small scale is a bit too dangerous and vulnerable to adverse influence of the unpredictable financial local weather out right here in Nigeria. Elsewhere this might not be that a lot of a problem after all (That’s as much as the farm enterprise start-up/proprietor to determine).
For occasion at this time petrol value is now not 65 naira per litre. Instead it has jumped up ten “NAIRA” steps to 75 naira per litre – courtesy of a authorities improve. This – like different unplanned and subsequently surprising authorities coverage adjustments earlier than it – WILL have a multiplier impact on so many working variables/inputs used on many farms. By having a complementary mixture of enterprises, the fish farmer cushions his farm enterprise towards direct influence that would in its worst manifestations, “KILL” it – actually talking.
Final Words: Make Sure You Seek Competent Counselling
All that I’ve mentioned right here is after all my private opinion. Please REMEMBER that you simply DO NOT have to just accept my concepts – and I strongly counsel you search the counsel of competent professionals in making up your thoughts.
Note nonetheless that in taking recommendation from ANYONE (myself included) you’ll need to test and make sure that s/he has a FULL appreciation of the dynamics that come to play within the operating of the farm enterprise enterprise(s) being thought of, in YOUR chosen setting. What I give you right here is derived from intensive experience-based analysis of the challenges confronted by homeowners of the farm companies talked about.
If you need assistance making up your thoughts about what farm enterprise to enterprise into, I counsel you learn my article titled “14 Key Questions-Issues to Consider in Order to Choose (& Startup) The Right Farm Business”.