POND FISHERIES 101

Pond fisheries is one of the business type that can generate a high return. This industry has been commercial since early 1990's. I have 20 years experience in this industry as my family is one of the major player of the business since 1991. My father was the first entrepreneur to enter the local market. Now the business is operated by my sister.

Firstly, we must know there is only a few species of freshwater fish are suits to live in the pond. The species are:

1. Tilapia (red/black)
2. Carp (big head/asian/crucian/grass)
3. Perch (climbing)
4. Gouramies (small/black)
5. Sultan
6. Catfish (mystus/airbreathing/black)

All of the species are suits to farming because:

1. Easy to feed
2. Good durability (weather/disease)
3. Short period of farming (twice per year)
4. High demand
5. Good price (high profit)

Q & A

1. HOW MUCH MONEY TO SPEND TO START THIS BUSINESS?

It depends on what business type do you involved. There are three 3 main type. First is fish farmer, seller and the last is a person who do the boths. Fish farmer needs high capital as they need to setup the pond and operating the pond until the harvesting.  While the seller needs less capital because they only buy the fish from farmer then sell it into the market.

2. THERE IS A DEMAND FOR THE POND FISH?

Yes. The demand is high because the market price of the pond fish is 50% to 30% less than the sea fish.

3. WHERE I CAN TAKE A LESSON OF FISH FARMING?

There is a class/lesson/course/module provided by government or private consultants for beginner.

4. DO I NEED TO START AT THE LARGE SCALE?

No. For beginner you need to start by building 2 or 3 ponds first because you need to study how you fish will suits into your pond. Most of the project fails because they start at the large scale and all the fish die after 3 weeks because of the weather, water ph, fish food and many more.

5. WHICH ONE IS MORE PROFITABLE? FISH FARMER OR SELLER?

Fish farmer has higher return but they has higher risks and higher capital.

6. WHEN I NEED TO START?

You can start the business as soon as you get the enough capital.

7. HOW MUCH CAPITAL DO I NEED TO START THE BUSINESS?

As per study by the current situation, the maximum capital you need to start the business is RM 3 millions. But it will be much less if you has the your own land to start.

8. HOW ABOUT THE PROFIT MARGIN?

The profit margin are 30% to 60% for the fish farmer while the seller will get around 20% to 40%.

Do you have more questions? Just ask me and i will respond.

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