Feasibility Study and Business Plan: Shrimp Farming Project

This project presents a detailed business plan for a shrimp farming venture in Lagos State, Nigeria. It outlines the farming process, including pond preparation, water management, and harvesting techniques. The project emphasizes a super-intensive farming method utilizing organic and inorganic feeds. The plan includes a comprehensive financial analysis with projected costs, revenue, and a five-year financial statement. It also covers market analysis, competitor analysis, and supplier details. The project addresses labor requirements, project scheduling, utility needs, and estimated total costs. The financial projections indicate that shrimp farming is a profitable business, making it a viable source of income and employment. References to relevant studies support the proposed methods and financial assumptions. This project serves as a comprehensive guide for entrepreneurs interested in starting a shrimp farming business.