Aquaponics Business Planning PRESENTER: PAUL BARRETT Why do a business plan? “ Its more than a tool for getting funding- Think of it as a road map to your business future.” -Stever Robbins- Capital Cost -Aquaponics  INMED’s design construction costs J$1,940,500.00 (USD $17,021.00) - 8 grow beds for growing plants (768 sq. ft) -Tanks for growing fish -Solar pump/ solar system -Protected covering/shading -Air pump -Water Tank Start Up Costs  Capital Cost Plus  Initial Input cost for seedlings, additives, fingerlings and fish feed for 6 months. J$2,088,000.00 WHAT IS YOUR PRODUCT?  Based on demand  Ability to supply consistently  Reasonable returns Aquaponic Business Planning  Ripened Bell Peppers (Red and Yellow) Aquaponic Business Planning  Tilapia Projected Yield – Bell Peppers  Yield for peppers - 1 large aquaponic grow bed (96 sq. ft.) produces an average of 36 lbs. of peppers every week. Projected Revenue - Peppers  Market price for ripe red/yellow bell pepper is JA$250/lb. Projected Revenue - Peppers Aquaponic Business Plan Projected Income Statement Apr May Jun July Aug Sept Oct Nov Dec Jan Feb Mar Totals Income Pepper 2,331,000 2 59,000 2 59,000 259,000 259,000 259,000 2 59,000 259,000 2 59,000 2 59,000 Fish Total Income 2,331,000 - - - 2 59,000 2 59,000 259,000 259,000 259,000 2 59,000 259,000 2 59,000 2 59,000