Abstract Aquaponics is the integration of aquaculture and hydroponics.
We know that if we get it right from the onset, we would have succeeded in creating the foundation that will help us build a standard aquaponics farm that will favorably compete with leading commercial farms in the United States of America and in the rest part of the world.
As a world — class aquaponics farms, we look forward to maximizing our strength and opportunities and also to work around our weaknesses and threats.
Our strength as an aquaponics farm company is hinged on the fact that we have healthy relationships with loads of major players agriculture merchants in the agriculture industry; both suppliers and buyers within and outside of the United States.
We have some of the latest aquaponics farming machines; tools and equipment that will help us cultivate crops and fishes in commercial quantities with less stress. Aside from our relationship network and equipment, we can confidently boast that we have some the most experienced hands in the Aquaponics line of business in Des Moines, Iowa in our payroll.
Our weakness could be that we are a new aquaponics business in the United States, it might take some time for our organization to break into the market and gain acceptance especially from international markets in the already saturated and highly competitive agriculture industry; that is perhaps our major weakness.
Another weakness is that we may not have the required cash to promote our business the way we would want to.
The opportunities that are available to us cannot be quantified, we know that everybody on planet earth eat farm produce. We are ready to take advantage of any opportunity that is available in the industry.
Just like any other business, one of the major threats that we are likely going to face is economic downturn. Another threat that may likely confront us is the arrival of a new aquaponics farm in same location where our target market exist and who may want to adopt same business model like us.
On the other hand, large- scale commercial aquaponic production still tends to be concentrated in temperate climates with all year- round sunshine, giving room for the best quality and highest profit margins.
It is on records that revenue for the Aquaponics Farming industry has maintained positive growth. This is so because in recent time, a growing number of individuals shifted to healthy eating and consuming organic produce, resulting in high demand. In addition, extreme weather conditions spoiled many crops for fresh field farmers, so grocery stores and farmers markets quickly turned to hydroponic farmers to meet their demand.
One of the common trends in the aquaponics farming line of business is that most players in the industry are no longer concentrating only on non — organic farming. They now find it easier to run both organic crop cultivation and non — organic crop cultivation. It is fact that despite that organic food are expensive, the sale for organic food is on the increase and it is indeed profitable.
Our Target Market Naturally, the target market of those who are the end consumer of aquaponics farm produce and also those who benefits from the business value chain of the agriculture industry is all encompassing; it is far — reaching.
Every household consumes produce from aquaponics farms be it vegetables, fruits, fish, crayfish and prawn et al. So also a large chunk of manufacturing companies depends on aquaponics farms for some of their raw materials.
In essence a commercial farmer should be able to sell his or her farm produce to as many people as possible. We will ensure that we position our business to attract consumers of agriculture produce not just in the United States of America alone but also other parts of the world which is why we will be exporting some of our farm produce either in raw form or processed form to other countries of the world.
Our Competitive Advantage It is easier to find entrepreneur flocking towards an industry that is known to generate consistent income which is why there are more commercial farmers in the United States of America and of course in most parts of the world. For example, Statistics has it that there were 2.
These goes to show that there are appreciable numbers of farmers in the United States of America but that does not mean that there is stiffer competition in the industry.
As a matter of fact, entrepreneurs are encouraged by the government to embrace commercial farming. This is so because part of the success of any nation is her ability to cultivate her own food and also export foods to other nations of the world.
Jade and Julius Aquaponics — Farms, LLC is fully aware that there are competitions when it comes to selling aquaponics cum commercial farm produce all over the globe, which is why we decided to carry out thorough research so as to know how to take advantage of the available market in the United States and in other parts of the world.
We have done our homework and we have been able to highlight some factors that will give us competitive advantage in the marketplace; some of the factors are effective and reliable farming processes that can help us sell our produce at competitive prices, good network and excellent relationship management.
Our competitive advantage lies in the power of our team; our workforce. We have a team of hardworking and highly proficient farmers, a team with excellent qualifications and experience in various niche areas in the agriculture industry. Aside from the synergy that exists in our carefully selected team members, we have some of the latest and efficient aquaponics farm machines and equipment and we will be guided by best practices in the industry.
Another competitive advantage that we are bringing to the industry is the fact that we have designed our business in such a way that we will operate an all — round standard aquaponics farms that will be involved in diverse areas such as crop cultivation, fish farming, and food processing and packaging plant.
With this, we will be able to take advantage of all the available opportunities within the industry. Lastly, all our employees will be well taken care of, and their welfare package will be among the best within our category start — ups aquaponics farms in the United States in the industry.
It will enable them to be more than willing to build the business with us and help deliver our set goals and achieve all our business aims and objectives. In view of that, we decided to set up a standard food processing plant to help us maximize profits.
Our sales and marketing team will be recruited based on their vast experience in the aquaponics commercial farms industry and they will be trained on a regular basis so as to be well equipped to meet their set targets and the overall business goal of Jade and Julius Aquaponics — Farms, LLC.
Our goal is to grow Jade and Julius Aquaponics — Farms, LLC to become one of the leading aquaponics commercial farms in the United States of America which is why we have mapped out strategies that will help us take advantage of the available market and grow to become a major force to reckon with not only in Smethport — Pennsylvania but also in other cities in the United States of America and the world at large.
Over and above, we have perfected our sale and marketing strategies first by networking with agriculture merchants and companies that rely on raw materials from the agriculture industry who are likely to become our customers.
In summary, Jade and Julius Aquaponics — Farms, LLC will adopt the following strategies in marketing our commercial farm produce; Introduce our business by sending introductory letters alongside our brochure to stake holders in the agriculture industry, companies that rely on the agriculture industry for their raw materials, hotels and restaurants and agriculture produce merchants et al.business and personal matters be considered thoroughly prior to construction of an aquaponic system.
As with all new ventures a marketing/business plan, enterprise budget.
The Business Of Aquaponics This is the most important part of this manual for you to understand. Here’s why: It's funny how many people claim to be "commercial aquaponics experts", but have never done it for your situation will be different than ours in ways we can’t predict and you can’t plan for.
A Sample Commercial Aquaponics Farm Business Plan Template. Aquaponics Business Overview; There are several business opportunities available in the agricultural industry and one good thing about the industry is that there is market for all the produce from the industry. Scale Aquaponics System Harry Ako, Ph.D.
College of Tropical Agriculture and Human Resources (CTAHR) University of Hawaii at Manoa, Honolulu, Hawaii. Trays at the first commercial farm built with the Ako and Baker () system design are about 5 years old and show no signs of wearing. This is because the wood never gets wet.
Aquaponics Business Planning PRESENTER: PAUL BARRETT. Why do a business plan? “ Its more than a tool for getting funding- Think of it as a road map to your business future.”-Stever Robbins-Capital Cost . The Business Of Aquaponics This is the most important part of this manual for you to understand.
Here’s why: It's funny how many people claim to be "commercial aquaponics experts", but have never done it for your situation will be different than ours in ways we can’t predict and you can’t plan for.