Business idea on bioflac

1. Biofloc fish farming

2. Submitted by group-B
171702
171709
171710
171711
171712
171713
Session 2017-18 (MSc)
Department of biotechnology and genetic engineering
Islamic university, Khustia

3. Our target is not only make profit but also make a big potential market for the Biofloc fish. We
want to make us as an example for the other people who are unemployed. So by this business
we want to remove the darkness of unemployment problem

4. Company Name & Logo
Friends Fish Hatchery Ltd
Making people healthy,
Habit of eating fish regularly

5. Legality Approval
Government
entrepreneurship
department
Ministry of
fisheries and
livestock

6. HRM
Finance
ProductionR&D
Planning
CEO&
MKT

7. Organizational structure

8. Chairman
Head of
Production
Head of
Planning &
HRM
Head of R&D
Head of
Marketing
Head of Finance
CEO of R&D
CEO of Planning
&
HRM
CEO of Finance
CEO of
Marketing
CEO of
Production
Executive of
Accounts
Executive officer
of Sales &
Distribution
Executive officer
of Market
Analysis
Executive of
R&D
Production
Coordinator
Officer
Officer
Officer
Officer
Officer

10. Vision Mission & Objective
• Growth and supply best quality fish to improve people healthy diet
• Fulfill the buyer’s demand and ensure they obtain the best quality of fish.
• Maximize the profit and improving the variety of fish time to time.
• Achieve the target in being a market leader in the production and distribution of fish in
Bangladesh
• To grow and process best quality fresh fish to meet the need of healthy and better diet
for clients.
• To become one of the best quality fish producer.

12. Business back ground
Initial Capital 1,00,000Tk
Name of bank Loan Dutch bangla bank

15. Limited or
zero water
exchange

16. Our fishes
Carp
Rohu
Catfish
Grass carp

17. Our fish are the
highest nutrient
quality.
Quality
Our biofloc fish
have always been
in the forefront of
the human health
Innovative
Our customers
depend on the
quality of our
products. Our
commitment to the
highest standard is
the foundation of our
customers' trust in
our fish.
IntegrityEco-friendly
Our Services
Biofloc

19. Raw fish
Product
Raw Fish Sticks
Raw Fish SaladFish oil
Raw Fish lemon juice
Raw Fish Grill
Raw Fish oil

20. Steps of Biofloc Technology
Tank set-up
Monitoring and control
of farm stock
Monitoring and control
of water parameters
Monitoring and control
of biofloc development
Balancing carbon
source input
Species selection and
stocking densities
Pre-seeding
beneficial microbes
Aeration
Harvest Fish

21. Tank Aeration
Microbes SeedingHarvesting fish

24. Sampling Method
Measuring procedure
1 liter / 2 places/ 15 cm deep/ between 10-
12 am
Let it settled for 15-20
minutes
Read density of flocs in
cone (ml/l)

26. Plot design
5
4
3
2
6
1 1 1 1
Figure: Infrastructure set up
1.Tank set up 2.Recycle pond 3.security ware house 4.hall 5.park area 6.space area e

27. Infrastructure Cost Taka or US
Land 5,00,000 or 6,250 US
Civil Construction and building 3,50,000 or 4,375 US
pH meter nn 3,000 or 37.5 US
Temperature meter 8,000 or 1,000 US
Water Supplying Pump 50,000 or 625 US
Ammonia Gas Reducer 27,500 or 343.75 US
Other 5,78,500 or 7,231 US
Minimum Cash balance 50,000 or 625 US
Office Equipment 30,000 or 37.5 US
Preliminary Expenses 50,000 or 625 US
Transport vehicle 50,000 or 625 US
Total 18,00,000 or 2,250 US

28. Salary of Manpower
Category Staff need Monthly cost Annual cost
Marketing
manger
01 16,000 or 200 US 1,92,000 or 2,400
US
Producer
manager
01 15,000 or 187.5 US 1,80,000 or 2,250
US
Labor 01 7,000 or 87.5 US 84,000 or 1,050 US
Total 03 38,000 or 475 US 4,56,000 or 5,700
US

29. Production Cost
Sector Amount of Taka
or US
Total Tank Total Cost
Tank 5,000 (per tank) or
62.5 US
50 2,50,000 or 3125
US
Fish 25,000 or 312.5 US 25,000 or 312.5 US
Other cost 10,000 or 312.5 US 10,000 or 312.5 US
Probiotic
(feed)
700 packet 4,20,000 or 5,250
US

30. Business cost
Particular After 1 Year After 2 year After 3 year
Infrastructure
Cost
9,65,500 or
12,068.75 US
One time
No No
Other 18,00,000 or
22,500 US
One time
No No
Salary of
manpower
4,56,000 or 5,700
US
Yearly
4,56,000 or 5,700
US
Yearly
4,56,000 or 5,700
US
Yearly
Production
cost
70,50,000 or
88,125 US
70,50,000 or
88,125 US
7,05,000 or 88,125
US
Total(per year) 23,06,000 or
28,825 US
11,61,000 or
14,512.5 US
11,61,000 or
14,512.5 US

31. Business profit
Sector After one year After two years After three years
Fish per tank 500 500 500
Weight per fish 80g 80g 80g
Total weight of
fish
2,000kg 2,000kg 2,000kg
Total profit
(500 Tk/kg)
1000000×2=20,00,00
0 or 25,000 US
2000000 or 25,000 US 2000000 or 25,000 US

32. Loss and Profit
Year Total cost
(Yearly)
Obtain
(yearly)
Lacking
(yearly)
Profit
(Yearly)
1st 23,06,000 or
28,825 US
No 3,06,000 No
2nd 14,67,000 or
18,337.5 US
20,00,000 or
25000 US
No 5,33,000 or
6,662.5 US
3rd 11,61,000 or
14,512.5 US
20,00,000
or 25000 US
No 25,33,000 or
31,662.5 US

33. Swot Analysis
Strengths Opportunity Weakness Threat
• Ability to
develop a
specific
marketing
strategy
• Growing market
for value added
products.
• Use available
resource
• Trend in
demand is
upward
• Most sales are
local
Restaurant,
Farmer
• Consolidation in
produce retail
• Loyalties to
existing
distribution
• Limited
marketing
network.
• Limited biofloc
fish farming
technology.

34. Target Market
Population in BD
Bangladesh total
population in
2018=16.37 cr
65% of this
population age of
years 5 to 65
Global total
population

35. Justification of target market
Demand for fish in 2018= 41.34 lakh tonnes
Estimated demand will increase 9-10%
Equation:
Total demand for fish
Total BD population
41.37 lakh tonnes / 16.37cr=
27.05

36. Market place of farm fish in Bangladesh

37. Global market place of Fish

38. Global Market Place of fish oil

39. Marketing analysis in BD

41. A global estimate consumption by coastal indigenous people

46. Social marketing

48. Biofloc fish

49. Our company supply
fish in every district
of Bangladesh.
.h
.
.
.
h

51. Future Goal
Will be highly
profitable
Simultaneously
improving fish
health
Reduce the
spread and
effectiveness of
pathogens
Increase
productivity
Earn more
remittance