We are in to catfish production and processing, our potentiality is the contribution of nutritional value to the economy, creating employment opportunities to the teaming youths and the business have expected profit margin of 60%.
Currently our business is at startup stage, the idea has been put into practice since 2017. We started by stocking of two hundred (200) catfish fingerlings for production and I have increase the stocking to 3,000 catfish fingerlings for production to table size.
The market size is the target population of 3167, multiply by average sale is $14,580.80 per year which means the market size is $46,177,393.6 million. Our target customers are household, market women, hotels and restaurant.
Swot Analysis (Strengths, Weaknesses, Opportunities, & Threats)
Strengths:
Experience & Expertise
Our Pricing Strategies
Availabilityof Labour force
Weaknesses:
Financing
Climate Condition
Opportunity:
Large Market
Threats:
Political Instability
Poaching
| Sectors | Agribusiness, Fish farming |
| Location | Bida, Nigeria |
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