VIEWS: 13 PAGES: 2 POSTED ON: 6/16/2012
Preliminary Feasibility Studies Site Analysis is the first step in determining feasibility of a proposed site. Without a good site, an project is unlikely to be successful as it will be competing against other farms that have superior sites. Water & soil analysis is a very important part of the site analysis process. An assessment of the existing infrastructure is also very important. This infrastructure includes traditional components such as labor, energy and site access as well as non-traditional infrastructure such as feed availability, processing plant options and much more. Species selection can also have a profound impact on success of a given project. The selection requires careful consideration of the market demands, the technical aspects of growing the species in question, the skill of management and the site constraints. Part of our job is to evaluate these factors and make recommendations on species selection for projects that show preliminary feasibility. Preliminary Production & Design Recommendations Preliminary recommendations on production strategies and suitable farm design given unique topography of the site, environmental concerns, labor force and the species selected. Preliminary Market Analysis We will provide a brief review of the global and regional markets for the most suitable species and make preliminary market strategy recommendations based on project size and existing markets. Preliminary Financial Pro-formas Integrating all the above information, a complete financial feasibility analysis can be prepared. The above brief descriptions simply provide guidelines of what we typically like to cover in the first round of our involvement in a new project. Each project is unique and likewise have varying needs. This first round of work may serve as the basis for more in-depth investigation as required. In the second round of project development, we typically focus on in-depth analysis and recommendations regarding production, Hatchery design, management, marketing and the refinement of the financial pro-formas. The completion of the second phase will bring the project to the point where a professional business plan can be formulated using all the research and reports developed to date. Commercial fish farming is a time-consuming, expensive, high-risk business that requires careful planning, a good understanding of fish biology, and sound business management skills. A careful study of economic considerations, especially product demand, financing, production costs, and marketing should be conducted before investing in a commercial fish farm. A detailed description of important considerations for establishing a commercial fish Hatchery enterprise is provided in Virginia Cooperative Extension Publication 420-012, "Planning for Commercial Aquaculture." Typical Fish HatcheryCosts. Capital Costs Operating Costs Fish Land Feed Buildings Electricity Hauling Trucks Fuel Water Supply Labor Plumbing & Pipes Transportation Hauling Tanks Maintenance Aerators Chemicals Oxygen Meter Drugs Nets & Seines Telephone Feeding Equipment Taxes Tractors & Mowers Interest Insurance
"Copy of Feasibility report"