Do You Know Much About Fisheries?

breeding a fish

There are two major ways to use fisheries. One is as a consumer and the second is as a producer. As a consumer, you would need to be a high profile customer, since buying from Government or private fish farms means lowest cost, bulk purchases. On the other hand, as a producer, you could function at a micro level and still rake in high profits. One of these micro enterprises, which you could start literally in your backyard, is the farming of exotic fish, or in layperson's language, breeding aquarium fish. It takes next to nothing (relative to what any other business would involve) to get a large aquarium, have the water treated and heated to the right temperature and breeding some of the costliest aquarium fishes available.

In many instances, the Government offers grants for this type of business. Be sure that you contact the Fish and Wildlife department in your State to find out the details and how to apply for a grant to start a micro-enterprise, if such a grant exists. Ask if you are eligible under the criteria mentioned therein. Obtaining a grant would further encourage you in your business, as these funds need not be repaid, so you would be ahead financially from the start.

The good news is that breeding a fish takes little effort from you; the work is done by a fish. All you have to do is get a few, high priced exotic fishes and breed them according to instructions that are readily available in any number of places. You could always start with a fish that is of a cheaper variety and as you gather confidence about your abilities in taking care of them, you could try some of the more expensive varieties.

Getting your fisheries established is only half of the equation when you are running a fish farm. The other half involves developing a marketing strategy that allows you to develop a good rotation in your stock. You do not want a fish to die of old age in your tank while waiting to be sold. There are many ways to sell a fish. You could go to pet exhibitions and offer discounts for multiple fish purchases. You could also attend or organize a community event and market your product so that it appeals to children.

It is important that you learn everything you can about the exotic fish you are breeding. This would include any background information and stories that you can find. Operating fisheries requires that you have some technical knowledge about breeding fish, but interesting stories and background information will provide you with a unique marketing tool that will help you to be successful.