Interested in small tilapia production business ideas? If YES, here is how to start a tilapia farm with no money and no experience. How much does it cost to start up?
How to Start Small Scale Tilapia Farming Business
Do you want to start tilapia farming business? Tilapia fishes are easy to grow as they are firm warm water fishes. If you want to start tilapia farming for either domestic or commercial purposes, this post would give a basic overview of the process.
Firstly, put the intention of starting a tilapia farming business into consideration. Your business intention would actuate its planning and strategy. Do you want to start a tilapia farm which will be a profit based business or to raise tilapia fishes mainly as a source of food for relatives? Or start a tilapia farming business on a small scale before advancing to a larger business later on? After deciding on the area you wish to venture into, access your resources.
Are your resources sufficient?
Inspect the available resources. A tilapia fish has five primary needs, food, water, oxygen, fresh water and space to move around. If you do not have a place to house tilapia fishes, you will need a pond or stream, but if you cannot acquire that, a tilapia fish is a fresh water fish and can also be grown in tap water.
When filling up the pond to start a tilapia farm, it is important to take note of the temperature of the water as a tilapia fish would not thrive in water below 68 decrees.
It is very important that you make inquiry on regulations regarding tilapia farming from the authorities of your state because each state may have a different regulation on possessing tilapia fish even if you wish to farm these fishes for personal consumption.
If your tilapia farm is profit based, you will need to set up a business. You can decide on either a sole-proprietorship, partnership, a corporation or Limited Liability Company. Whichever structure you choose has its distinctive characteristics.
For you to start tilapia farming business, the state may also request a commercial license and a few other permits before you will be permitted to run your business.
Develop a Tilapia Farming Business Plan
Establish a business plan for your tilapia farm, this plan may not necessarily be a formally documented plan and financials, but it should show how you intend to raise tilapia and run the business.
These should be considered in your plan;
How Strong is your Knowledge on Tilapia Farming?
To start tilapia farming, you will need to have an understanding of tilapia raring to an extent. You can read books, attend lectures on tilapia farming or seek advice from an expert.
What Amount of Money is Available to you to Start the Farm?
The budget of your project would determine the materials and location you would use for your tilapia farming.
Plan the method in which you want to maintain your tilapia fish, what will you feed the fishes and how will you supply the food? You will also have to maintain the oxygen level, carbon dioxide, pH and nitrogen in the water.
What Hatching System have you Decided On?
How do you supply fish when they’re ready for harvest? Would you supply to the local market or do you want to start a tilapia farm mainly for domestic consumption?
Tilapia farming can be carried out in various environments. You will need to decide the system of farming to start your tilapia business. You may have a pond, cage, raceway or tank.
Using a pond to start a tilapia farm is the easiest in terms of cost and accessibility, while a tank or cage would require you to purchase most of the tilapia farming equipment. However, when using a tank for tilapia farming the water should be conditioned for a while before fishes are let in because there’s no recirculation of water in a tank.
Find a good dealer in your locale whom you will purchase tilapia fingerlings from. After purchasing, you will need to allow the fingerlings adapt to the water condition of the farming environment.
Growing and Harvesting Tilapia Fish
Maintain the feeding and environmental condition of your tilapia farm to yield properly developed fishes, research on the best growth condition suitable for tilapia fishes. Mostly, tilapia fishes are grown in a temperature of 80-100° F, become weak at 60°F and die at 50°F. They also require a pH of 7-7.5, zero chlorine, 5-7ppm of dissolved oxygen and free ammonia.
When your tilapia fishes are fully developed, you may harvest the fruit of your labor either as protein supply for domestic purposes or as a source of income. If you have decided on the later, get your fishes to a properly functioning market and sell.
The key to a successful tilapia farming is proper setting up. Ensure everything is in place to start a tilapia farm before you proceed.