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Fish Farming Business Proposal PDF Free
Fish Farming Business Proposal PDF Free
INTRODUCTION
The world nowadays is in great turmoil, financial crisis seems to plunge each
and everyone. Aching global oil crisis, threatening nuclear crisis, and sinking
financial economies are such of the few that warned us that we have to save and
we have to be practical.
Thus, in order to answer the needs of the time, we carved this idea of having
a fish farm business project to alleviate or even just soothe the crisis faced by most
of the consumers right now. We plan to raise this project, not just of aiming to have
bountiful gains but also to aid the masses of consumers by offering quality product
guaranteed with pocket-friendly price.
We’ll name our business as Dive Fish Farm Company, an ideal business
venture, to be located at Dongon, Maasin City. It will engage in fish farming and
selling commercial fish such as Bangus. It will target to sell to the well known
restaurants, sardine manufacturers and mainly to the ordinary consumers. We, the
partners, we’ll have to converge our resources and intellect to run this proposed
business. As agent of the business success, each one of us shall endeavor to make
this venture to be lucrative.
The production phase is expected to create minimal cost because there are
lot of traditional yet effective process of raising fishes that can be combined with
scientific technology which will surely provide productive harvests at low cost. The
cash requirement of implementing the project is estimated to reach P 700,000. The
source and cost of financing the project will be charged to the partner’s capital.
III. RISKS
The risks involved with starting Dive Fish Farm Company are:
• Will there be an escalating demand for the product offered by the company?
• Will the price not be onerous to the consumers?
• Will the cost of accessing Dive Fish Farm Company not hinder the consumer
to negotiate?
• PROPONENTS
Joel Gaddi
Leo Omamalin
Michelin Tan
Total P 523,
710.00
• ORGANIZATIONAL CHART
MANAGER
CASHIER BOOKKEEPER
SECURITY
WORKERS
GUARD
V. PROJECT TIMETABLE
2. Acquiring Space
3. Acquiring equipment
4. Securing Business
Permit
5. Hiring Personnel
6. Searching of customer
7. Start of operation
Our target market is not just the plain consumers or the families but we have
widened our scope from the families to the restaurants and sardines manufacturer.
We will also distribute our products through consignors.
The major targeted consumers and costumers of our products mostly are the
people in our province Southern Leyte. But it doesn’t mean that we’ll just confine
here in our province but we’ll also mark to accept customers from neighboring
islands. We have expected that the demand of our product will reach up to
maximum 150,000 kilograms this coming 5 years. The supply divides as about 83%
for human consumption and 17% for exports and non-food uses.
The proposed prices of our product lie between P100.00 to P150.00 per kilo.
The price will be anticipated fluctuate due to the variability of demand and supply of
the harvest. Our price will be much lower than the competitor to attract customers,
to provide them satisfaction and most of all, to suffice our objective—to provide
pocket-friendly price to the customer. We’ll always mark to maintain the
competitiveness of our product by maintaining its quality. We’ll have to freeze and
to make them clean to avoid any damage and unnecessary smell.
For bulk sale, we will offer a free delivery system especially to far-flung
customers.
There are two channels of distribution of our product which can be illustrated
as follows:
For the next five years, we will expect to sell almost 150,000 kilograms of
fishes considering that our marketing program and competitive position will be
maintained. Financially, we are trying to aim to reach 15 million pesos cumulative
gross sales for the next five years.
IX. PRODUCTION
• Product Specification
The fish that we are going to produce and sell is a high quality fish, fresh and
one source of providing protein. The customer doesn’t have to wait for a longer time
because we have sufficient supply of fish, continuous operation and on time
delivery. We can assure that every kilo have its exact weight.
• Production Process
In raising Bangus, we will provide and sprinkle milk powder or flour to the
growing Bangus. The fishes could also be given breadcrumbs and food leftover. The
size of the male Bangus was ready for market within 4 months while the female will
almost reach 6 months before ready to be marketed. It is possible to harvest 1 ton
of Bangus in every one hectare within 3 to 4 months if the sufficient food supply for
the fishes will be maintained.
We’ll timing the period of raising the Bangus in such a way that we can
possibly harvest every month and there will be no lag of production. We’ll develop a
systematic and sophisticated scheduling of raising and harvesting.
The size of the pond is 1.5 hectares by 1.5 hectares long and wide and 4
meters deep which contained 15 cubicles.
The supply of the young Bangus for the start up is available in the
Department of Agriculture, Maasin City. Its unit cost is P2.00 each. The supply of the
commercial floater feeds costs P1, 550.00 per sack based on the current quoted
price of Magic 9 Marketing Enterprises, Tunga-Tunga, Maasin City.
• Utilities
We need electrification for the lighting and mainly for the refrigeration of our
product. Our water supply is connected to Barangay Dongon Water Supply for our
rest room, washing and processing area but except for the water supply to our fish
farm. We will sustain the water supply for the fish farm by getting directly from
Dongon River via pipelines. We also have to ponder wireless telephone to ease the
access of the customer and this will cost P5, 000. 00 per month.
X. OPERATING COST:
XI.FINANCIAL FEASIBILITY
• Funding
Use of Funds
Sources of Funds
The total fixed asset will be depreciated using straight line method and
are expected to have average useful life of 20 yrs. Other expenses except
salaries will vary every year in increase of 1%. The installation expense will
only appear during the first year.
The amount of Bank Loan is already net cash proceeds which mean that the
interest is already deducted in advance.
• Financial Projection
• Financial Analysis
=2,796,174/ 1,200,000
=.233
` = 23.3%
=425,814+1,411,814+2,729,794+4,047,754+5,365,694
5
=13,980,870/5
=P2, 796,174
=1,200,000+1,200,000
2
=2,400,000
2
=P1, 200,000
Michelin Tan
Leo Omamalin
Joel Gaddi