You will be surprised that there are many people just like you – taking up aquaponics as a hobby initially and thinking of aquaponics for profit eventually.
This makes great sense as it is such a profitable venture!
The start-up and maintenance cost is low, space requirement is small, manual labor to run the aquaponics farm is minimal and productivity is higher than traditional organic farm. Not only can you provide you family with tasty, healthy and safe fish and vegetables, you can sell the excess crops at a good margin as fresh organic products are in great demand these days.
Here are some tips to get you started with aqupaonics for profit:
Find out about the local market
Do a research on the types of herbs or vegetables that are in demand in your local market. Preferably, you would also want those that face less competition and can fetch a good price. It could be a good idea to grow off-season crops.
However, do not forget that you would likely have to incur greater costs in terms of heating and insulation. So do bear them in mind when making your selections.
Similarly, when choosing what fish to rear, you will need to consider what are the types of fish in demand in the local market are and whether it suits your local climate. In addition, you may also consider growing fish, such as goldfish, that can be sold as pets.
Determine who is your customer
You can either sell your produce directly to the customers or to your local grocer, fish monger or local pet store. The former might be more of hassle but will likely see a bigger margin.
For the latter, you will have to sell them at a lower price than what you can possibly sell to a consumer directly. However, it could be a more convenient approach as you can sell in bulk to them on a regular basis.
Start small and scale up when you are ready
No matter how thorough your market research is, you will only get to know about how things really are and the profit margin when you start running the commercial aquaponics farm.
Hence it would be good if you can start small, but design the system with the flexibility to scale it up when you are ready. It is always easier to manage, run, trouble-shoot and fix things when things go wrong with a smaller system compared to a huge aquaponics farm. This is especially so when you are still relatively new to aquaponics.
Hopefully you have found the tips in aquaponics for profit to be useful in giving you a head start on commercial aquaponics system. However, this is still not enough to get your commercial aquaponics farm up and running.
Find Out More…
I highly recommend you to check out Aquaponics 4 You by John Fay, who is an aquaponics guru and certified organic farmer. He spends most of his time on his organic farm but he has now turned his passion into an educational and instructional course to help beginners set up their own aquaponics farm.
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