Aquaculture in the Midwest doesn’t have a well-established track record like other forms of agriculture, so acquiring funds and insurance from traditional farm sources can be difficult. Lenders and insurers will want to see a well-developed business plan with income and cash flow statements before they consider funding/insuring an aquaculture operation. They may also want to see a best management practices plan. Please visit the other sections to get more information covering these and other topics.
If you are interested in downloading spreadsheets and tutorials that will assist you in projecting income and cash flow statements, check back here next month when they should be for you.
The following material can be used as a starting point for acquiring funding and insurance for your fish farm. Visit Fish Farming Resources to access other useful resources.
For spreadsheets that will assist you in projecting costs and returns click on the Economics menu to the left, underneath the Finance menu.