CHALLENGES IN FISH PRODUCTION FOR STARTERS
The 2 major challenges that set back intending farmers from production includes
1. Lack of fund : Fish farming is capital intensive, this deters most farmers from venturing into it. Land acquisition, pond digging and set up, bore-hole and some other pond facilities can be expensive.
2. Lack of technical ability : Fish farming is one of he few lines of animal production that requires detail technical skills before it can be ventured into. An attempt to run into the business without proper background knowledge and technical know-how could cause a farmer total loss.
To sort this, a farmer would either want to either hire an expert in setting up the business or partner with an already established/experience farm/Farmer.
HONOURABLE FARMS PARTNERSHIP PROPOSAL
HONOURABLE FARMS PARTNERSHIP PROPOSAL
Honourable Farms is expanding its production capacity on Catfish, and it is inviting interested individuals who has the financial capacity to invest in farming but lacks the technical ability, time and other parameters to initiate the managerial process.
REASONS FOR PARTNERSHIP
(1) To meet up with the financial requirements for producing maximum production on our fishery section.
(2) To reduce the cost of running the farm by maximizing the potential available land for fish production.
(3) To maximise the production capacity and reduce the cost of production per pond
(4) To increase the production strength and capacity for optimum growth and development of our farm establishment
(5) To gain more ground in the local market by increasing supply which increases our farm relevance to big buyers of catfish nationwide.
(6) To create higher financial independence for the working class who are interested in promoting food security but with limited time and resources.
(7) To achieve an all year production system where our buyers will have maximum guarantee on us supplying their needs all through the year.
BENEFITS OF INVESTMENT
★No special business experience or technical skills required to make your profit
★ No employee required
★ No risk involved
★ Allows your money to work for you without stress
★ Offers time and financial freedom
★. Flexible capital outweigh
★. Upto 100% return of investment within maximum of one year.
RETURN ON INVESTMENT
Investors should note that it is not mandatory to invest on a whole pond. The return of investment for investors is between 40-100% of capital investment, depending on the duration of the investment period. The longer the duration of investment, the more is the marginal return of investment. The minimum duration of investment is however 6 months and a maximum of one year for a 100% return of investment
Ahmed Olanrewaju Aliyu
Researcher, Agric consultant.
Researcher, Agric consultant.
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