Business Planning in Marine Aquaculture

contractThis article will provide a brief introduction to business planning for marine aquaculture.

Business planning for a marine aquaculture venture is no different than planning for starting any other type of business entity.  One must consider investment costs, operating costs, permitting and regulatory issues, marketing your product and generating a positive cash flow.

The first step in the process is determining the profit you would like to make from your venture.  Many people assume all they need to do is …