koi business Raising the bright orange or red koi, an ornamental fish that’s both beautiful and valuable, requires careful consideration and unique resources in order to create a profitable business.
Getting started with raising koi fish requires a small pond that holds about four to six feetOnce you’ve got your own Koi, you’ll be hooked – if you’ll pardon the pun!
For many owners, having their own pond filled with these beautifu
l fish is satisfying enough, but if you become a real enthusiast and
have an entrepreneurial spirit, breeding and selling Koi carp can be
a very rewarding enterprise.
Obviously, the key requirement is knowing enough about the needs
of the fish to be able to care for them properly, plus having the facilities to breed and house the fish.
But what else do you need to consider if you’re thinking of starting your own business?
In their stripped-down form, all businesses have the same basic requirements.
The first is a comprehensive business plan that defines the working
model of the business, target market, revenue streams, costs, and income projections.
You will find many templates and resources that offer guidance on
writing a business plan, or if you find it difficult, speak to a
professional and get their expert help to write the plan.
You also need to have a marketing strategy in your plan, that shows
how you will promote sales and bring in new customers, the
specific methods you will use, and how much you plan to invest in marketing activities.
When preparing the budget section, be realistic and don’t
overestimate your forecasted revenue.
Remember, profit is the goal of running a business, and you need to
work your figures out accurately to make sure your plan is commercially viable.
An IT system will enable you to make use of online marketing and
communications, and you can run your accounting and business
management systems far more effectively.
You can get sole trader software packages, and use the cloud for all
your storage needs, and don’t forget to have robust security measures in place.
Recovering lost data can be achieved using specialist security
companies, but it’s important to make every effort to avoid data losses as far as possible.
You will need adequate facilities for your fish, including established
ponds of sufficient depth, breeding pools, holding tanks and isolation facilities.
You need a safe place to secure feed and equipment out of the way
of vermin, and somewhere to keep your paperwork and undertake your office duties.
You’ll need to have all the handling and bagging equipment,
medications you might need, and tools for keeping the water clear. Pumps and filters for the ponds and tanks will also need setting up, to keep the water clear and oxygenated.
Your priority must be adhering to the highest standards of welfare
for your fish, so first, you need to be confident that you have the required knowledge.
Not only to be able to feed them, but to keep the water quality,
clarity, and temperature at the required standards, understand
stocking densities and be able to spot health problems and treat them.
You can expand on your amateur knowledge with expert-led
courses that will cover all the topics you need, and read as many
authoritative books, magazines, and online resources as you can.
Only when you are fully confident in all aspects of fish care should
you consider starting your business, but the investment will be well
worthwhile if you have a passion for these amazing creatures!
you might also consider selling koi art
koi business people ask
How much can I sell a koi fish for?
While that may seem like a lot for one fish, some breeders will pay an astronomical$20,000 for a highly prized adult koi.
Younger koi around four inches can sell for $10 or less for less serious koi owners. But pricing varies everywhere
Can you make money selling koi fish?
Pricing Your Fish
Prices range from a $15 to $5,000 for the highest quality koi, says CNN Money. … If you grow show-quality koi, you’ll be able to sell them for more money than younger or smaller koi
how to start a koi fish farming business
Getting started with raising koi fish requires a small pond that holds about four to six feet of water.
You also need access to water as well as an aeration and filtration system to keep the water ideal for raising koi. Start with just two or three small, high quality koi that you can breed to build your fish stock.
how to have a koi business
How much do koi fish breeders make?
Breeding koi can be a nice little side business. Koi can grow up up to a foot in about two years, at which point they can fetch up to $100 each. Buy 20 cheap koi fish and cash in for two grand two years later. Not a bad way to make some extra cash while being around your pet fish.
Can you make money selling koi fish?
Pricing Your Fish
Prices range from a $15 to $5,000 for the highest quality koi, says CNN Money. … If you grow show-quality koi, you’ll be able to sell them for more money than younger or smaller koi.
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The establishment and growth of aquaculture in Israel closely parallels the development and establishment of the State of Israel itself. As opposed to other industries, aquaculture has, from the outset, benefited from organization and close relationships between government, business, and research institutions such as its universities. Economic changes, privatization, ecological concerns, new methods and species have expanded from the basic, traditional cooperative farm, a kibbutz (producing one or two species) to large multimillion dollar projects dealing with a multitude of species.
A major concern to the fish farmer is water. Israel has suffered water shortages during the 1980s and 1990s which strongly affected aquaculture (Mires, 2001). Water shortages have promoted research efforts to increase production using smaller amounts of water. Successful trials have lead to the production of 20-60 kg/m3 (the national average is 0.5 kg/m3 ) (Mires, 1996). With the decline of many of the fish species imported into Israel, the local market will increasingly depend upon the aquaculture and mariculture industry.
History and general overview
Aquaculture in Israel began with the importation of carp during 1927/28. An experimental farm was established in 1934 on the coast south of Acre.
The cooperative farm (kibbutz) of Nir David in the Bet Shean Valley began farming common carp (Cyprinus carpio ) in 1937/38 and by 1939 commercial carp farming had expanded throughout the valley.
Support for the fledgling industry came from the Jewish Agency, instructors from former Yugoslavia and research units from the universities present in the area.
In 1945 an outbreak of a virulent strain of algae, Pyrimnesium , in the brackish water ponds almost caused the collapse of the infant industry.
Researchers at the Hebrew University (Jerusalem) solved the problem, using ammonia sulfate. In 1944 they established a laboratory at Nir David to investigate fish diseases.
By 1948 aquaculture accounted for 71.4 percent of the fish consumed in Israel and total pond area grew to 1 400 hectares.
Throughout the early 1950s, fish farmers looked for ways to improve marketing and methods were established for shipping live fish to market.
Meanwhile farmers were continually searching for other fish species to add to the carp monoculture.
Tilapia (or more specifically blue tilapia, Oreochromis aureus ) was chosen for its ability to survive in hot climates and because it does not compete with the carp for food.
The Dor Research Station was completed in 1955 and other fish were investigated as potential aquaculture candidate species.
Mullets (specifically Mugil cephalus and Liza ramada ) became a permanent addition to the polyculture system in 1956.
Problems with economically producing mullets fry forced fish farms to continue collecting wild fry, a practice that continues to this day.
In 1948 the number of farms stood at 91 with a total pond acreage at 3 889 hectares and production at 7 343 tonnes.
The Fish Growers Union (FGU) was established in 1966 to solve the surplus of fish; an annual quota system was established along with a system of unified marketing.
In 1969 farming of the Rainbow trout (Oncorhynchus mykiss ) began in the headwaters of the Dan River (which flows into the Jordan River), in northern Israel.
The silver carp (Hypophthalmichthys molitrix ) was introduced in the same year. While trout are grown using monoculture in concrete raceways, silver carp was added to the polyculture system to feed upon green algae present in the ponds.
The Genossar Research Station was jointly established by the Department of Fisheries in cooperation with FGU in the early 1970s. Water usage was deemed (as it is today) to be critical and the station’s mandate was to identify ways to super-intensify aquaculture in Israel.
In later years the station also dealt with the monoculture of male Tilapia and new species such as the giant river prawn (Macrobrachium rosenbergii ) and the European eel (Anguilla anguilla ).
Economic and water usage problems drove out many of the small fish farmers during the 1980s, however since 1983, yields have steadily increased.
Recently outbreaks of a carp virus has limited carp production, however, due to the flexible and varied nature of Israeli aquaculture other fish species have taken up the deficit.
One of the main pond methods currently being developed and which is rapidly increasing in volume is the use of covered oxygenated ponds, with water passing to and from the ponds via a reservoir/biofilter.
Such systems have been yielding production increases as high as 400 percent, from 0.5 kg/m3 in an open pond situation to 20 kg/m3 and more in a covered tank.
Equally impressive yields have been achieved throughout the arid Negev and Arava regions using covered “bubble” or “tent” systems, the warm, geothermal, saline water is recycled from the fish ponds to irrigate a variety of crops, from greenhouse tomatoes to cattle fodder.
In light of the initial commercial successes, it appears that by promoting fish farming in the south using geothermal water sources local production may be dramatically increased, thus lowering the current high demand for imported fish.
New fish species are also being investigated and produced, for example, barramundi (Lates calcarifer ),
Australian crayfish (Cherax sp.), striped seabass (Morone saxatilis ), red drum (Sciaenops ocellatus ) and silver perch (Bidyanus bidyanus ) (Loar, 1999; Snovsky & Shapiro, 2003). source http://www.fao.org/fishery/countrysector/naso_israel/en
Recent production figures (2003) show total production at 20 777 tonnes from both aquaculture and mariculture operations.
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