Professional Documents
Culture Documents
Project
On
Freedom Fishing House
Prepared for:
Md. Lutfar Rahman
Faculty of CBA, IUBAT
Prepared by:
Name: A S M Shihab
ID: 12202120
Program: BBA
Sec: C
Executive Summary
I have prepared report is based on Freedom Fishing House. The information, on which the
total business plan stands, was the collection of data from the questionnaire made by Freedom
Fishing House. To see the market need and wants. Analyzing a fishing firms general information,
their performances, their products and services will increase our knowledge and it will be helpful in our
future life. Fishing firms are operating their jobs for the welfare of mankind. In this report, we will focus
on the cost and time schedule for the production of the fish. All the data have been given with the
assumption of future budget.
Introduction:
Fish is the cheapest and most easily digestible food and is obtained from natural sources for
consumption by human beings. However, due to over exploitation and pollution, the availability
of fish in natural water has largely decreased in Bangladesh. To protect this resource, maintain
ecosystem and fulfill the demand, fish farming has become the easier way of increasing the fish
production and its availability for consumption. Farmers can easily take up fish culture in village
ponds, tanks or any new water body and can improve their earnings and living standard.
It also creates gainful employment for skilled and unskilled youths. The technology developed
for fish culture in which more than one type of compatible fishes is cultured simultaneous is the
most advanced and popular in the country. This technology is known as Composite Fish Culture.
This technology enables to get maximum fish production from a pond or a tank through
utilization of available fish food organisms in all the natural niches, supplemented by artificial
feeding.
However, the minimum level should not fall below one meter. Even seasonal ponds can also be
utilized for short duration fish culture
The Business Idea
Business Naming
Freedom Fishing House is my fishing project.
Business Type
My business types is cultivating fishes in the pond and creating work place for the
unemployment people. It is sole proprietor ship business.
Project location
My project location is in Haluaghat, on Five acre of land. The raw material will collect from the
nearest fishing raw materials shop, Young fish from nearest Hatchery.
Mission:
The mission of Freedom Fishing House Project is to do environment friendly business and to
fulfill economic interest through social accomplishment.
Vision
The vision of Freedom Fishing House Project is for every family to have adequate means of
livelihood and every individual to experience joy with a productive life.
According to the demand, commercial fish farming business allows for large supplies of
fish. Catching fish from the wild cant always fulfill the consumers demand. In such
cases commercial fish farming can meet up this demand.
Fish can be raised in tanks until they are ready for marketing, and they dont require the
extensive capture of wild fish. Thus commercial fish farming helps to preserve natural
ecosystems.
Fish are very popular as food around the world. So there is an established fish market,
and you dont have to worry about marketing your products.
You can start fish farming business in both large and small scale production purpose.
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If you dont have enough capital for starting this business, then you can apply for bank
loans. Many banks will allow loans for starting this business commercially.
Fish farming business is a great source of employment. More than 1 billion people
around the world depend on fish as their primary protein source. And most of this people
are directly or indirectly involved with fish products or fish farming business. As a result,
fish farming creates a great income and employment source for the people. Global fish
exportation business is now earning more money every year, than any other food
commodity.
Even you can meet up your daily family nutritional demands through small scale fish
farming in tanks or ponds.
Business Consideration
For maintaining a profitable fish farming business,I have to go through some step by step
process. The steps for starting a fish farming business includes a suitable lease pond , fish farm
type (only pond), selecting fish species, feeding, care & management, harvesting and marketing.
For running a successful fish farming businesses follow every step very carefully.
Points for consideration:
(a) Location of pond: Soil should be water retentive, availability of assured water supply
and the area, which is not prone to flood, may be identified.
(b)Pond management: Before stocking, clear the pond of unwanted weeds and fish either by
manual using fishnets or by using Mahua oil cake. Alkaline nature to be maintained by
adequately adding lime in the ponds. Fertilize the ponds properly to improve the natural
availability of phytoplantation.
(c)Stocking: Ponds will be ready for stocking after 15 days of application of fertilizers.
Fingerlings of 10 cm size should be used for stocking @ 5000 numbers per hectare.
(d)Post stocking: Apart from natural food, fish may be fed by rice bran (or) oil cake. The feed
may be placed on bamboo tray or it may be sprayed at corner of the ponds. Organicmaturing may
be done at monthly intervals @ 1000 kg/ha.
(e)Harvesting: Generally done at the end of one year, when fish attain a weight of 750 gm to
1.25 kg.A production of 4-5 tons is possible in one-hectare pond
Source of fund
The source of this fund has been collected from own capital and Bank Loan (Agriculture Bank)
Production budget
The total and production budget is depends upon the types of business. The project is about Fish
farming. So I need some raw materials and a land like pond. I take a pond by lease. So here is the
projection list of the raw materials and budget list.
Budget List:
Types of raw material
Items of cost Amount(TK)
Pond(10 years)
Water pump Hand toolsBoat
Net
Feed(1 Year)Care taker salary(1 Year)
Labor cost
Transportation
Selling expenses
Cottage
Primary Processing cost Young fish (2 times in a year)Total
cost
1000000
15000
3000
8000
40000
70000
60000
20000
6000
8000
15000
30000
150000
1425000
Source of raw material: All the raw materials are collected from the Haluaghat fishing raw
materials shop, Young fish from nearest Hatchery. It is easy to collect all those things because the
materials cost are cheaper than the other markets.
Product categories
Products
Major Carp:
Catla
Surface feeder
Rohu
Omnivorous
Column feeder
Mrigal
Detritivorous
Bottom feeder
Exotic carps:
Silver carp
Phytoplankton feeder
Surface feeder
Grass carp
Herbivorous
Common carp
Detritivorous/Omnivorous
Bottom feede
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We also cultivate some other fishes such as Koi, Tilapia, Nylotica. Because they will be large
in a short time (3 months)
Marketing Sales Strategy
General Marketing strategy of Fish:
1. Fish-marketing channels
Domestic markets and distribution of fish are dominated by a large number of intermediaries. All
fish traded internally and for export pass through private channels.
2. Primary markets
Markets located in villages, district headquarters or at a crossroads are considered primary
markets they are usually near areas where fish are caught. Fishermen bring a variety of fishes
(dominated by small fish from both open-water capture and from ponds) to the primary markets.
4. Secondary markets
The Beparies take the fish bought from the Nikaries/fishermen/primary markets/landing points to
the nearest Upazila or river port markets by road, river or rail to sell to wholesalers or through
Aratdars. From these secondary markets/assembly points the distribution of fish moves through
different channels to urban markets/higher secondary markets by commissioned agents for
wholesalers/Aratdars, or by other kinds of Beparies. Bhairab Bazar, Kuliarchar, Narshindi,
Munshigonj, Deborghat (Sunamgonj), and Madaripur are landing points and secondary market
centres for freshwater fish species.
Market Competitor
Market compotator always is not effective for this business but not all time. Because collectors
always search the new source for minimizing cost. There are some Local competitors in our
business.They have 3 to 10 years experience.
Target Customer
The products are the fishes and the main target customers are the whole sellers of the rural and
town market. For capture the customer we need to provide the quality products like healthy
fishes, various types of fishes and minimum price that is suitable for us. So we always try to
bring our customer in the field to show our project in directly.
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Amount(TK)
Sales revenue
(-)cost of goods sold
Gross Profit
(-)operating expense
800000
(150000)
Selling expense
8000
Transportation
6000
60000
Raw material
93000
650000
(167000)
Operating Profit
(110000)
Depreciation
Pond(10 years)
100000
Water pump
3000
Boat
2000
Net
8000
6000
Cottage
3000
373000
(122000)
251000
Amount(TK)
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Current Assets
Cash
199000
Bank Account
600000
Total Current Assets
799000
Long-term Assets(current)
Land and Pond (lease for 10 Years)
Water pump
900000
Boat
Net
12000
Cottage
Ending Inventory
6000
32000
12000
Total Assets
10000
972000
1771000
Amount(TK)
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Capital
1000000
+Net Profit
251000
Current Capital
1251000
Bank Loan
500000
Payable Account
20000
1771000
Sales revenue
=800000(TK.)
=251000(TK.)
Total Assets=1771000
Total Liabilities and capital=1771000
Actually the project idea is about work with this community in our area and if possible from
other parts of the country. Now a day the number of them is increasing. They are thought as
burden of our society. Here I want to enter in the society as the turning point of their life. I want
to do something for them. I want to create some work place for them.
The benefit will be1. The project will contribute to the GDP
2. After getting the proper training and experience in future they will start their own
business.
3. They will be no more burden of the society.
Conclusion:
At least we can say that The Freedom Fishing House will provide the fishing demand of the customers
as well as the rural and town market. This project is the middle level project in Haluaght, we aspect that
our customer we need to provide the quality products like healthy fishes, various types of fishes and
minimum price that is suitable for us. This type of project produce the more fish & control the fishing
market & creating the work place for the unemployment people. The project will be complete according
the project management activities as per the schedules, resources, and others requirement process.
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