Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[Ben Kempton]

Seafood is one of the most hottest selling food items in many different parts of the world. Seafood is also quite expensive as well. This is because it is quite risky to catch animals from sea. Having said that, seafood might be much more expensive in many landlocked countries. This is because people in those countries may rely on imports of seafood. I live in a country which is not landlocked at all, but still seafood is one of the most expensive items in here! So, how do you start such kind of business? What is the profitability of this business?

 

[gammarays]

That is another better option if there is no study electricity supply. Each and every trader who involved in such business wouldn't want to incur losses and it will make them look for alternative way to preserve the food.

Yes man has always provided alternatives for every need he has. Throughout the ages, drying has been a popular and cost effective way of preserving perishable food. Refrigerating is mainly to keep it fresh.

 

[Flower]

Yes man has always provided alternatives for every need he has. Throughout the ages, drying has been a popular and cost effective way of preserving perishable food. Refrigerating is mainly to keep it fresh.

In my home country, so many people have resorted to using the refrigerator to preserve the sea foods and people who do not have steady electricity supply in their area would always look for alternative way to generate power through the use of the electricity generators.

 

[akonzock]

Starting a profitable seafood business requires careful planning and execution. The following steps can help ensure success:

1. Conduct market research: Research the seafood industry and target market to determine the demand for different seafood products and identify potential competition.
2. Develop a business plan: Outline your business concept, goals, target market, marketing strategy, financial projections, and other important details.
3. Obtain financing: Consider options for funding such as loans, grants, or investments to help start and grow your business.
4. Choose a business structure: Decide whether to operate as a sole proprietorship, partnership, LLC, corporation, or another type of business structure.
5. Register your business: Obtain any necessary licenses and permits, and register your business with the government.
6. Source high-quality seafood: Establish relationships with reputable seafood suppliers and negotiate contracts for a steady supply of fresh and sustainable seafood.
7. Set up a processing and distribution system: Establish a processing facility and distribution network to ensure that seafood products are handled properly and delivered to customers in a timely manner.
8. Build your brand: Develop a brand identity, including a name, logo, and marketing materials.
9. Launch your business: Start marketing and promoting your business, and begin offering your seafood products to customers.
10. Monitor and adjust your operations: Continuously evaluate your business operations and make changes as necessary to ensure profitability and customer satisfaction.

Starting a successful seafood business requires a combination of market research, planning, and execution. By following these steps and being committed to your business, you can build a profitable and sustainable seafood enterprise.

 

[gammarays]

In my home country, so many people have resorted to using the refrigerator to preserve the sea foods and people who do not have steady electricity supply in their area would always look for alternative way to generate power through the use of the electricity generators.

Yes refrigerators are becoming common both in households and shops. The problem is electricity. Some areas do get while others depend on generators. Depending on generators will cause a price increase in the cost of seafoods. Don't you think so?

 

[Flower]

Yes refrigerators are becoming common both in households and shops. The problem is electricity. Some areas do get while others depend on generators. Depending on generators will cause a price increase in the cost of seafoods. Don't you think so?

If electricity is not constant and the owner of the business keeps running the business on electricity generator,.it is going to increase the cost of the seafoods because the cost of running electricity generator in my country is quite high

 

[rush08]

Running a seafood business is a delicate but lucrative business. This is because you would need a good storage facilities to preserve your goods and products. Seafood are perishables products that needs good cooling machine for storage....

 

[Ben Kempton]

In my home country, so many people have resorted to using the refrigerator to preserve the sea foods and people who do not have steady electricity supply in their area would always look for alternative way to generate power through the use of the electricity generators.

There are many people who tend to run refrigerators using a battery. It is quite different from other kind of batteries. They are available on Amazon and many other online platforms. You could purchase them and they offer back up power for your fridge. However, those batteries are quite expensive nowadays.

 

[Flower]

There are many people who tend to run refrigerators using a battery. It is quite different from other kind of batteries. They are available on Amazon and many other online platforms. You could purchase them and they offer back up power for your fridge. However, those batteries are quite expensive nowadays.

That's cleverly worded! In my home country, there are people who uses solar refrigerator. This type of refrigerator is powered by the solar energy and it will not incure undue cost which could affect the cost of the seafoods .I think people are beginning to think in this direction.

 

[rush08]

It takes someone who is experience to run a seafood business. These kind of products are perishables and needs good cooling machine and other storage facilities for your business....

 

[Johnson2468]

Research your target market and understand the demand for seafood products in your area. Establish relationships with reliable suppliers to ensure a steady supply of fresh, high-quality seafood. Develop a marketing strategy to reach your target market and create brand awareness.

 

[rush08]

Seafood are perishables products and I could take someone with experience to run such businesses. You need to acquire some cooling machine and equipment to help you preserve your seafood....

 

[Ebutech]

Companies that are big enough to have daily sales usually have facilities from where they get the food delivered to them and they make the sales of the products to the customers , Such kind of service requires hiring of people that can do the catching job or purchasing from the ones that catch it on a deal basis ( regular or contract ) thus you get the food to sell and make profit from it , big investment is required for this sort of activity indeed actually .

Definitely, the company needs to build its base close to where the supplier has established, and employ the service of those locals that can get them and hand it over to them.but like you rightly said, it is capital intensive, you need a lot of money to start this type of business.

 

[Ebutech]

I think more of catfish is been sold in my locality here ,the business women here actually buys in bulk from the fishermen and come to sell it in divisional amount tintheir customers ,this probably how they pass the business and others I think tho

Some of those women actually get the fishes themselves, in my locality, they are born fisher men and women so the skills is inherent in them by default,so many of them don't require lots of money to set up the business since they can source for the fish themselves.

 

[Wisdom01]

Some of those women actually get the fishes themselves, in my locality, they are born fisher men and women so the skills is inherent in them by default,so many of them don't require lots of money to set up the business since they can source for the fish themselves.

Well this is true ,many of this women and men actually have a way of sourcing the fishes themselves ,that's what would even profit them more ,as they would not be charged by Fisher men and others

 

[HMMY1]

Seafood is one of the most hottest selling food items in many different parts of the world. Seafood is also quite expensive as well. This is because it is quite risky to catch animals from sea. Having said that, seafood might be much more expensive in many landlocked countries. This is because people in those countries may rely on imports of seafood. I live in a country which is not landlocked at all, but still seafood is one of the most expensive items in here! So, how do you start such kind of business? What is the profitability of this business?

If you want to do seafood business, then start your business in a high population area where people are more and you can easily sell your product. At the place where you are doing your business, special care should be taken of cleaning Let people automatically get drawn to your product And for this you also have to take care of the location .

 

[a_jerobon]

One major challenge one could face when planning for this seafood business is storage facilities and preservation. Seafood are perishables and requires adequate storage facilities to keep your seafood.....

That is right. In this business, you need adequate storage systems. It can be such a loss if the foods go bad all at once, and they are highly perishable. So you need to plan for storage facilities before you start this business.

 

[rush08]

To begin a business especially seafood business, you need some experience as most times you can encounter some challenges also. Seafood are perishables products you need some storage facilities to keep you goods from going bad....

 

[Wisdom01]

starting a seafood business is a very good business to try out , just that you should have your distributional means already , like something that you would distribute the food to the people that want to buy

 

[rush08]

Before starting a seafood business, one should know that he must provide facilities that are required to preserve the seafood from getting spoilt. This is because the food are perishables. Make plans to purchase freezers and cooling machine.....

 

[Lens_]

In my home country, electricity supply is not steady and establishing such business needs constant electricity which is not available in my country. This is why I wouldn't support such business because the cost of running it would be very high.