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[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?

 

[rush08]

Having inadequate supply of power is so hard for people running this business. They will have to struggle a lot because the foods could go bad often leading to loss. If you are financially well off, you can use alternative power supply such as solar energy or generators.

For you to start a profitable frozen food business you usually need a location where there are adequate power supply. Many times a lot of money are spent on providing power for the business which eats deep into the profit of the business.....

 

[rush08]

There are several factors you must check before you establish a seafood business in a particular location. Though it is a lucrative business if it is well managed because people demand more of seafood than beef. Regular power supply could help to preserve the products.....

 

[Franca01]

Seafood is lucrative when you are at the right location to get fish, snail and pawn etc for supplies to customers and these foods have become expensive in the market since there are no many suppliers.

Yes, the price of everything always determine demand and supply. The higher the demand, the higher the supply. As demand is always high there will always be scare of products because suppliers will always be uderstand pressure.

 

[rush08]

To establish and run a successful seafood business you must have a plan in place to provide a constant power supply if you live in areas where there are less power supply. So it could be better to locate your business in such areas where you have good power supply....

 

[Kennysplash]

It is one thing to start a business, it is another to make it a profitable one. Make sure you know and understand all the concepts of the business before venturing into it. Also make sure that you have sufficient funds ready.

 

[rush08]

It is one thing to start a business, it is another to make it a profitable one. Make sure you know and understand all the concepts of the business before venturing into it. Also make sure that you have sufficient funds ready.

Before you start the seafood business, you must understand that this type of business would require an environment where power supply are constant because this kind of food are perishables. So adequate research should be carried out before starting...

 

[Degov]

Businesses that are large enough to conduct daily sales typically have facilities where they receive food deliveries and sell products to clients. This type of service necessitates either hiring someone who can perform the catching task or purchasing from those who do so on a contract basis.

 

[Meklo]

Seafood items or stuffs like fish and others aquatic animals are also the most selling stuffs in the market now and it is very profitable just that it is easily spoil and do not last longer enough.

 

[Ben Kempton]

It is one thing to start a business, it is another to make it a profitable one. Make sure you know and understand all the concepts of the business before venturing into it. Also make sure that you have sufficient funds ready.

The main issue with seafood business is that not all the people love to eat seafood. This means that if you start a seafood restaurant, then it would mean that you must have to target certain people only in the end. Your marketing strategy should be focused on one specific group of people.

 

[Trebor]

I think this business is too much costly in my country. This is because it requires good preservation equipment in terms of deep freezers and coolers with a very stable and reliable power supply, however this business is very lucrative and profitable in deed.

 

[Kennysplash]

The main issue with seafood business is that not all the people love to eat seafood. This means that if you start a seafood restaurant, then it would mean that you must have to target certain people only in the end. Your marketing strategy should be focused on one specific group of people.

Of course that is why your business location is very important. So you have to do your research first and find out if the area you want to set up your business really love to purchase seafood. So that is essential.

 

[Gamer01]

The profit in such business is good really the big organization hire workers that catch the fishes and also other foods for them from the rivers and seas and then sell them at 200% profit minimum after taking all payable costs so that's profit big times .

 

[Margery]

What is the profitability of this business?

The profitability of a business depends on many factors, including the industry in which it operates, the competitive environment, economic conditions, pricing strategies, operational efficiency, and many other factors. Ultimately, the sustainability and profitability of a business depends on its ability to generate revenue that exceeds costs over the long term. By carefully managing costs, implementing effective marketing strategies, and investing in the right areas, businesses can improve their profitability and ensure long-term success. It is also worth noting that profitability is not the only measure of business success, as other factors such as customer satisfaction, employee well-being, and social responsibility can be equally important in building a sustainable and successful business.

 

[Ben Kempton]

The profitability of a business depends on many factors, including the industry in which it operates, the competitive environment, economic conditions, pricing strategies, operational efficiency, and many other factors. Ultimately, the sustainability and profitability of a business depends on its ability to generate revenue that exceeds costs over the long term. By carefully managing costs, implementing effective marketing strategies, and investing in the right areas, businesses can improve their profitability and ensure long-term success. It is also worth noting that profitability is not the only measure of business success, as other factors such as customer satisfaction, employee well-being, and social responsibility can be equally important in building a sustainable and successful business.

I live in a country which is actually a coastal country. Actually, I live in a city which is locked to the ocean! Despite all this, the price of seafood is so high that only the richest people could afford seafood in the end. The fact of the matter remains that there is a huge demand of seafood and seafood will always remain expensive. i think that if seafood were cheap, then the seafood business could have had been a successful business.

 

[Margery]

I live in a country which is actually a coastal country. Actually, I live in a city which is locked to the ocean! Despite all this, the price of seafood is so high that only the richest people could afford seafood in the end. The fact of the matter remains that there is a huge demand of seafood and seafood will always remain expensive. i think that if seafood were cheap, then the seafood business could have had been a successful business.

This is probably because everything is happening in your country because the inflation rate is high, and the basic salaries are small. This always happens in developing countries where the bulk of the workers are paid low wages. This will continue until the economic performance of growth improves.

 

[Betteroff]

you have made some point but to start a profitable seafood business by researching the market, creating a detailed plan, finding reliable suppliers and distributors, setting up an online presence to reach customers, and staying on top of trends. Invest in quality equipment and staff training for best results.

 

[Margery]

you have made some point but to start a profitable seafood business by researching the market, creating a detailed plan, finding reliable suppliers and distributors, setting up an online presence to reach customers, and staying on top of trends. Invest in quality equipment and staff training for best results.

In fact, these are the basic rules of any business. If a person does not adhere to them and fully implement them in practice, then his business will not develop well, and, accordingly, bring good profit.

 

[a_jerobon]

I think this business is too much costly in my country. This is because it requires good preservation equipment in terms of deep freezers and coolers with a very stable and reliable power supply, however this business is very lucrative and profitable in deed.

Yeah, it is expensive to start it because it requires specific care to preserve the items. It is even more expensive if you have to order the items elsewhere. But in the end, people love sea food and will readily patronize your business.

 

[Usman ameen]

The food processing industry plays a vital role in the economy of any country because it links agriculture to industry. The food processing industry is responsible for diversification of agriculture, improvement of value-added opportunities, and creation of excess that can be exported.

The food processing industry of India is one of the largest in the world in terms of manufacture, use, export, and development. The sector has immense potential to contribute to growth and employment opportunities of the country.

The food processing industry is very important for an agriculture-based economy like India because it helps in the commercialization of farming and increases the income of farmers. It also generates employment opportunities and assists in the creation of markets for export of agriculture-based product.

 

[Lens_]

Yeah, it is expensive to start it because it requires specific care to preserve the items. It is even more expensive if you have to order the items elsewhere. But in the end, people love sea food and will readily patronize your business.

You have a very good point because it is expensive to establish such Enterprise, although it is a very good business to try because it is high iin demand. The process of preserving it takes a lot of effort and it also involves a lot of money.