Fish and Wildlife

Fisheries have two major functions. One is to sell to the consumer and the other is to produce a product. Most require you to purchase in bulk, meaning that you must have the funds to make large purchases. The Government is also known for making large purchases from these fish farms for the purposes of stocking public watering holes. If you would like to start a fish hatchery, then you could raise exotic fishes, which are usually sold for use in home aquariums. The cost of purchasing a large aquarium, along with the necessary accessories is relatively low, compared to the cost of other business startups.

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.

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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.

Establishing great exotic fisheries is only half of the picture. The other half would consist of how you propose to see that your stock is sold off before your fish die of old age. Should this happen, you would have to purchase more breeding stock or shift to another business. You need to have a very aggressive marketing strategy, such as exhibitions where you have special discounted prices, like "buy 2 get 1 free" type of scheme, organize community shows where you target children by showing them and making them feel the joy of having a fish (or a couple of them) as a pet.

Breeding fish in fisheries is a learning process for the operator. The operator must learn all of the scientific knowledge they can find to ensure that they raise healthy fish that they can sell in good conscience. Selling a fish requires a bit more creativity. A great way to sell a fish is to be able to tell some interesting stories and give a good deal of background info on the particular species that is being sold.

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