Business/Economics

Need assistance with wildlife and fish management on your ranch, backyard, or pond? Simply call your local County Extension Agent.

 Careful financial management is essential for the success of an aquaculture business. While financial management is a complex topic that can be approached from many perspectives, some of the key questions that the manager of an aquaculture business must answer are:

1. Will the business survive in the long run? Can it generate enough value over time to pay off its debts? (Economists call this “financial position.”)

2. Is the business profitable in both the short and long run? (Economists call this “profitability.”)

3. Can the business generate enough cash when needed to pay its bills? (Economists call this “liquidity” and “cash flow position.”)

The business must be able to respond affirmatively to these questions to be successful, but determining the answers requires careful, thorough and comprehensive analysis.

-SRAC Publication No. 4400, Introduction to Financial Management of Aquaculture Businesses

Southern Regional Aquaculture Center	SRAC Publication No. 0350 – Small-Scale Marketing of Aquaculture Products SRAC Publication No. 4830 – Economics of Freshwater Prawn Farming in the United States SRAC Publication No. 4400 – Introduction to Financial Management of Aquaculture Businesses SRAC Publication No. 4401 – Assessing the Financial Position of an Aquaculture Business: Using Balance Sheets SRAC Publication No. 4402 – Determining the Profitability of an Aquaculture Business: Using Income Statements and Enterprise Budgets SRAC Publication No. 4403 – Evaluating the Liquidity/Cash Position of an Aquaculture Business: Using Cash Flow Statements SRAC Publication No. 2405 – Crawfish Production: Financial Characteristics and Record-Keeping Options SRAC Publication No. 1800 – Costs of Small-Scale Catfish Production SRAC Publication No. 3000 – Comparison of Costs of Different Hybrid Striped Bass Production Systems in Ponds SRAC Publication No. 0122 – Production Enterprise Budget for Golden Shiners SRAC Publication No. 0479a – Fee-Fishing: An Introduction SRAC Publication No. 2402 – Crawfish Aquaculture: Marketing
North Central Regional Aquaculture Center	NCRAC Publication – MarketMaker: Marketing Aquaculture Products NCRAC Technical Bulletin Series No. 104 – Survey of Wholesale and Retail Buyers in the Six Southern States of the North Central Region NCRAC Technical Bulletin Series No. 107 – Niche Marketing Your Aquaculture Products NCRAC Technical Bulletin Series No. 111 – Enterprise Budgets for Yellow Perch Production in Cages and Ponds in the North Central Region, 1994-95 NCRAC Publication No. 103 –  Choosing an Organizational Structure for Your Aquaculture Business NCRAC Fact Sheet Series No. 104 – Transportation of Fish in Bags NCRAC Fact Sheet Series No. 110 – Marketing Seafood to Restaurants in the North Central Region NCRAC Fact Sheet Series No. 111 – Costs for Pond Production of Yellow Perch in the North Central Region, 1994-95 NCRAC Fact Sheet Series No. 112 – Supermarkets and Seafood in the North Central Region NCRAC Publication – A White Paper on Marketing Research Needs for the North Central Region NCRAC Publication – Fish Farm Business Plan Workbook
Northeastern Regional Aquaculture Center	NRAC Publication No. 101 – Is Aquatic Farming For You? NRAC Publication No. 102-1992 – Initial Questions the County Agent Can Ask the Prospective Fish Culturist NRAC Publication No. 00-005 – HACCP Guide for the Aquaculture Industry NRAC Publication No. 101-2008 – Planning for Success in Your Aquaculture Business NRAC Publication No. 107-2008 – Aquaculture Risk Management NRAC Publication No. 301-2008 – Growing Ornamental Aquatic Plants as a Business in the Northeastern United States NRAC Publication No. 205-2010 – Small Scale Marketing Opportunities for Aquaculture Products in the Northeast NRAC Publication No. 207-2010 – Cooperatives in Aquaculture
University of Arkansas at Pine Bluff	Enterprise Budgets Worksheet – with updated feed, fuel and electricity costs for 2012 Cash Flow Simulator Worksheet Cash Flow Simulator with Limited Capital Getting the Most Out of Your Feed Money How Do I Manage My Farm When Feed Prices are High? Breakeven Costs of Production on Five Farm Sizes at Different Feed Costs – Table 1 The Most Profitable Stocking Density at Different Feed Prices -Table 2 Graph of Feed Prices – Figure 1 International Association of Aquaculture Economists and Management Arkansas Catfish Production Budgets
Connecticut Sea Grant	Financing the Aquaculture Operation Decision-Making Factors for Investment in Aquaculture Developing an Aquaculture Business Plan Aquaculture Record Keeping Financial Management
Louisiana State University	Cocahoe Economics Fact Sheet The Impact of Price and Yield Variability on Southeastern U.S. Catfish Producer Operations
Mississippi State	Cost and Risk of Catfish Split-pond Systems Impact of Diuron Usage on the Mississippi Catfish Industry Culture of Freshwater Prawns in Temperate Climates: Management Practices and Economics
University of Florida	Marketing Opportunities for Blood Ark Clams and Ponderous Ark Clams
Oregon State University	Tilapia Farm Business Management and Economics: A Training Manual
Langston University	Marketing Fish in Oklahoma Marketing Alternative Aquaculture Species Economics Of Feed Conversion Ratios