By Leah Moore
The aquaponics business is a practical way of earning money through a simple yet effective farming method where farmers can yield and sell both fish and vegetable products at a much higher rate.
There are several important things to know on how to start your aquaponics business:
1. Do a research about aquaponics business and gather information on how to establish and manage the business. Seek expert advice on how to operate aquaponics farming.
2. Look for a qualified consultant in preparing the detailed business plan for the aquaponics farm. The plan should be consist of financial statement including the cash flow, estimated start-up and sales statement.
3. Look for a location where you want to setup the farm. Choose a place where temperatures are not too high and nor too low. Ensure that the area is free of harmful chemicals since this will damage and eventually, kill the fish and the plants. Also, be sure that the plants get enough or sufficient light to ensure that they are able to perform the photosynthesis, a vital process in the production of their food.
4. Prepare all the necessary materials needed for aquaponics farming including the fish tanks, water pumps, growing medium for your plants, and grow beds in which the plants will be grown.
5. Register your aquaponics farm to get the required business permit and licenses from Internal Revenue service to acquire Employer Identification Number and to comply with the federal tax requirements. This is necessary for you to avoid legal issues as you go along with your Aquaponics business.
Knowing how to build and operate a commercial aquaponics system comprises three core functions.
o Marketing
o Operations
o Finance
o Operations
o Finance
Marketing is the most important part because in business, nothing happens until someone sells something.
An aquaponics business relies heavily to the technology being used in the aquaponics farming method. Since it's a more economical and effective way to grow plants and fish with excellent quality, drawing more potential customers are much easier compared to traditional farming. We all know that in this generation all things are run on high technology that we're used to. That's why aquaponics farmers seek professional recommendation to guide them on how to effectively and efficiently manage their farm and gather recent developments in aquaponics business.
Others may still be skeptical and have mind boggling questions in mind. Has anyone successfully operated a profitable commercial aquaponics business? The answer is yes. This is so, because as the years passed, the business system has improved-investors are getting smarter and people have become more business minded, finding better ways in improving how to operate their business. And remember, success depends on one's patience and love for the business.
We have to face the reality that oftentimes economics is more important than anything else. We have to show our knowledge and profitability so that the financial community will show interest in our business industry. This is also an opportunity for you to help in restoring the healthy state of our environment by producing food in a much safer way-free of harmful chemicals and toxic elements.
Leah Moore is an expert in aquaponics gardening. Her years of experience in both researching and applying innovative ways in Aquaponics System has made her able to successfully help aquaponics enthusiast to learn strategies and techniques in improving the system. Learn more about aquaponics business from her.
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