Do you want to start a shrimp farm and need to write a plan? If YES, here is a sample indoor shrimp farming business plan template & FREE feasibility report.
With the aid of technology and breakthrough knowledge, it is now easier for entrepreneurs to maximize little indoor spaces for farming. Interestingly, there are loads of farming niches that can be carried out indoors and shrimp farming is one of them.
Table of Content
- 1 Why Start an Indoor Shrimp Farm?
- 2 Industry Overview
- 3 Executive Summary
- 4 Our Services
- 5 Our Mission and Vision Statement
- 6 Job Roles and Responsibilities
- 7 SWOT Analysis
- 8 MARKET ANALYSIS
- 9 Our Target Market
- 10 Our Competitive Advantage
- 11 SALES AND MARKETING STRATEGY
- 12 Sales Forecast
- 13 Publicity and Advertising Strategy
- 14 Financial Projections and Costing
- 15 BUSINESS GROWTH: Sustainability and Expansion Strategy
Why Start an Indoor Shrimp Farm?
If you are looking to go into the sea food business, the good news is that you can’t get it wrong with an indoor shrimp farming business. This is especially if you live in a property that is within the zone for such business. It is easy to start, cheap to maintain and it takes a shorter time to get a good return on your investment if you know the ropes.
All you need to get started are your shrimp tanks. Place a maximum of 10 shrimp per 20 gallons of water to give the shrimps adequate space to thrive and grow. Set up a pump and filter system; line the aquarium with substrate and provide rocks, shrubs and plants for them to hide. Put a heater and thermostat in the aquarium, and fill it with dechlorinated or distilled water.
Please note that starting an indoor shrimp farm business comes with its own fair share of challenges, but that does not rule out the fact that it is indeed a profitable business venture. An aspiring entrepreneur can either choose to start on a small scale or on a large scale depending on their financial status and the available space they have.
So, if you have decided to go into indoor shrimp farming, then you should ensure that you carry out thorough feasibility studies and market survey. Business plan is yet another very important business document that you should not take for granted when launching your own business.
Below is a sample indoor shrimp farming business plan template that can help you to write your own with little or no difficulty.
A Sample Indoor Shrimp Farming Business Plan Template
Indoor shrimp farming involves farming shrimps in controlled aquatic environments. Industry operators use some form of intervention in the rearing process to enhance production, such as holding in captivity and protecting from predators, pests and disease. Ideally, shrimp farms require temperature that is above 25º C during production seasons.
The Fish and Seafood Aquaculture industry that indoor shrimp farming business is a part of has experienced slow growth over the last half decade. This is due to the fact that the vast majority of industry revenue is derived from the sale of fish, mollusks and crustaceans that will be processed into food products, the success of this industry is tied to levels of seafood consumption.
Per capita seafood consumption in the United States has declined in recent time, putting a strain on fish and seafood farmers. Nevertheless, with the recent increase in the price of seafood, combined with a healthy export market, the revenue generated in industry revenue is expected to grow accordingly.
There is no single fish and seafood farm that has a dominant market share in the industry hence smaller farms can successfully make profits. Statistics has it that in the United States of America alone, there are about 2,807 registered and licensed fish and seafood farms (shrimp farms inclusive) responsible for employing about 10,440 and the industry rakes in a whooping sum of $1 billion annually.
The industry is projected to enjoy 0.3 percent annual growth. A recent report published by IBISWorld shows that the Fish and Seafood Aquaculture industry is expected to generate 27.4 percent of revenue through the sale of farmed seafood (shrimp inclusive) in 2016. prawn is amongst the popular forms of seafood eaten in the United States.
The report stated that they are also relatively easy and inexpensive to farm and their farming does little damage to the environment in which they are raised. They are primarily raised in Mississippi, Louisiana and other parts of the Deep South where they have been cultivated in farms since the 1960’s.
One thing is certain when it comes to seafood cum shrimp farming, if you are able to conduct your market research and feasibility studies, you are more likely not going to struggle to sell your farm produce (shrimps) because there are always food processing companies and consumers out there who are ready to buy from you.
Some of the factors that encourage entrepreneurs to start their own shrimp farms could be that the business is easy to set up and they can easily get support from the government; you can actually start your own shrimp farm in your compound if you live in rural community/farming community. All you need to do is to purchase the first set of shrimps, purchase farming tools and then build your ponds.
Despite the fact that shrimp farm has been in existence since time immemorial, that does not in any way make the industry to be over saturated; shrimp farmers are exploring new technology to continue to improve on the farming process. The fact that there is always a ready market for shrimps and other seafood makes the business ever green.
There are few barriers to entry into the shrimp farms industry. Usually, all inputs are readily available. In the nearest future, players in this industry may face the highest costs associated with accessing technology, especially in relation to genetic modification engineering in seafood breeding.
Black Mamba® Indoor Shrimp Farms, Inc. is a licensed seafood farming company that will major on indoor shrimp farming. It will be based in the outskirt of Pearl City, Hawaii – United States. We have done our detailed market research and feasibility studies and we were able to secure 5 hectares of aquatic farm land to start a 40 – tank indoor shrimp farming business.
Our indoor shrimp farm is a going to be a standard business hence will be involved in shrimp and other shellfish farming (e.g. clams, oysters, crustaceans, mollusks) and food processing (packaging for sale and export).
Within the first four years of officially running Black Mamba® Indoor Shrimp Farms, Inc., we will start our food processing and packaging plant and also start exporting our processed and packaged shrimps, and other shellfish (e.g. clams, oysters, crustaceans, mollusks) to other parts of the world.
This is why aside from the fact that we’ve secured the required land and most of the farming equipment and machines, we have also hired some key employees who are currently undergoing training so as to fit into the ideal picture of the 21st century fish and seafood farming business workforce that we want to build.
We have put process and strategies in place that will help us employ best practices when it comes to seafood/shrimp farming and processing.
Our goal is to grow Black Mamba® Indoor Shrimp Farms, Inc. to become one of the leading farms in the United States of America which is why we have mapped out strategies that will help us take advantage of the available market and grow to become a major force to reckon with not only in Pearl City – Hawaii, but also in other cities in the United States of America and the world at large.
Black Mamba® Indoor Shrimp Farms, Inc. is a private registered fish and seafood farming company that is owned by Henry Kobe and his immediate family members. Henry Kobe is a graduate of Fisheries and Aquatic Sciences from the University of Chicago with over 6 years of hands on experience working for some of the leading fish and seafood farms in the United States.
Black Mamba® Indoor Shrimp Farms, Inc. is a fish and seafood farming company that will be involved in indoor shrimp and other seafood farming for both the United States’ and the global market. We will also ensure that we operate a standard shrimp processing and packaging plant as part of our complimentary business.
We are in the seafood cum indoor shrimp farming business to make profits, and we are going to do all that is permitted by the law in the United States of America to achieve our business aim and objective. These are the areas we will concentrate on in our indoor shrimp farms. If need arises, we will definitely add more agriculture produce to our list;
- Framing of different species of shrimps, and other shellfish (e.g. clams, oysters, crustaceans, mollusks) from our indoor facility
- Processing and packaging of shrimps, and other shellfish (e.g. clams, oysters, crustaceans, mollusks) for sale and export
- Related indoor shrimp tank (pond) construction, training, consultancy and advisory Services.
Our Mission and Vision Statement
- Our Vision is to become one of the top 5 leading indoor fish and seafood farms not just in the United States of America but also on the global stage.
- We are set to become the standard of how indoor shrimp farms should be run not just in Pearl City – Hawaii, but also throughout the United States of America.
- We want our well – packaged and processed shrimps and other shellfish to flood every nooks and crannies of the United States of America.
Our Business Structure
Black Mamba® Indoor Shrimp Farms, Inc. is established with the aim of competing favorably with other leading aquaculture/seafood farms brand in the industry. This is why we will ensure that we put the right structures in place that will support the kind of growth that we have in mind while setting up the business.
At Black Mamba® Indoor Shrimp Farms, Inc., we will ensure that we hire people that are qualified, hardworking, creative, customer centric and are ready to work to help us build a prosperous business that will benefit all the stake holders.
As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of five years or more as agreed by the board of trustees of the company. In view of the above, we have decided to hire qualified and competent hands to occupy the following positions;
- Chief Operating Officer
- General Farm Manager
- Shrimps/Shellfish Farm Workers
- Sales and Marketing Executive
- Front Desk Officer
Job Roles and Responsibilities
Chief Executive Officer – CEO:
- Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results
- Creating, communicating, and implementing the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
- Responsible for fixing prices and signing business deals
- Responsible for providing direction for the business
- Responsible for signing checks and documents on behalf of the company
- Evaluates the success of the organization.
General Farm Manager
- Responsible for the planning, management and coordinating all farm activities across the various sections on behalf of the organization
- Supervise other section manager
- Ensure compliance during project executions
- Providing advice on the management of farming activities
- Responsible for carrying out risk assessment
- Ensures that farming goals desired result are achieved, the most efficient resources (manpower, equipment, tools and chemicals et al) are utilized and different interests involved are satisfied.
- Oversee the smooth running of the daily farming activities across the various farming sections.
- Responsible for overseeing the smooth running of HR and administrative tasks for the organization
- Defining job positions for recruitment and managing interviewing process
- Carrying out staff induction for new team members
- Responsible for training, evaluation and assessment of employees
- Responsible for preparing financial reports, budgets, and financial statements for the organization
- Responsible for financial forecasting and risks analysis.
- Responsible for developing and managing financial systems and policies
- Responsible for administering payrolls
- Ensuring compliance with taxation legislation
- Handles all financial transactions for the company
- Serves as internal auditor for the company
- Responsible for feeding shrimps and other shellfish (e.g. clams, oysters, crustaceans, mollusks) on a daily basis
- Ensures that the water and the temperature of the pond (tanks) is within the expected standard
- Responsible for changing the water in various ponds
- Responsible for harvesting seafood
- Work closely with the General Manager to achieve the organizations’ goals and objectives
- Handle any other duty as assigned by the general farm manager.
Sales and Marketing Officer
- Manage external research and coordinate all the internal sources of information to retain the organizations’ best customers and attract new ones
- Identify, prioritize, and reach out to new partners, and business opportunities et al
- Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients
- Document all customer contact and information
- Represent the company in strategic meetings
- Help increase sales and growth for the company
Front Desk/Customer’s Service Officer
- Welcomes clients and visitors by greeting them in person or on the telephone; answering or directing inquiries.
- Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
- Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s farm produce
- Consistently stays abreast of any new information on the organizations’ products, promotional campaigns etc. to ensure accurate and helpful information is supplied to potential clients when they make enquiries
- Receives parcels/documents for the company
- Distribute mails in the organization
- Handles any other duties as assigned by the manager
Black Mamba® Indoor Shrimp Farms, Inc. do not intend to launch out with trial and error hence the need to conduct a proper SWOT analysis. We know that if we get it right from the onset, we would have succeeded in creating the foundation that will help us build a standard indoor shrimp farm that will favorably compete with leading commercial seafood farms in the United States of America.
We are quite aware that there are several seafood farms all over Pearl City – Hawaii which is why we are following the due process of establishing a business. We know that if a proper SWOT analysis is conducted for our business, we will be able to position our business to maximize our strength, leverage on the opportunities that will be available to us, mitigate our risks and be equipped to confront our threats.
Black Mamba® Indoor Shrimp Farms, Inc. employed the services of an expert HR and Business Analyst with bias in the seafood farming industry to help us conduct a thorough SWOT analysis and to help us create a business model that will help us achieve our business goals and objectives.
Here is a summary from the result of the SWOT analysis that was conducted on behalf of Black Mamba® Indoor Shrimp Farms, Inc.;
Our strength as an indoor shrimp farm is the fact that we have healthy relationships with loads of major players in the agriculture industry. We have some of the latest aquatic farming machines, tools and equipment that will help us cultivate shrimp, and other shellfish (e.g. clams, oysters, crustaceans, mollusks) in commercial quantities from our indoor tanks with less stress.
Aside from our relationship (network) and equipment, we can confidently boast of having experienced hands in the seafood farming business in Pearl City – Hawaii in our payroll and we have a competent management team that has what it takes to grow a business within the shortest time frame.
Our weakness could be that we are a new indoor shrimp farm, it might take some time for our organization to break into the market and gain acceptance especially from international markets in the already saturated and highly competitive industry; that is perhaps our major weakness. Another weakness is that we may not have the required cash to promote our business the way we would want to.
The opportunities that are available to us cannot be quantified and our location is perhaps an open door of opportunities. So also, we know that a large number of people eat shrimps, and other shellfish. We are ready to take advantage of any opportunities that are available in the industry.
The major threats that may likely confront us is the advent of diseases. Shrimp are most vulnerable in their first 40 days of life, and by keeping juveniles out of large ponds, farmers are able to prevent the spread of germs that occur naturally in the surrounding environment. This best practice improves the survival rate of shrimp, the sustainability of farms and the income of farmers. So also, unfavorable zoning laws can affect our business.
- Market Trends
If you observe events in the fish and seafood farming industry, you will agree that operators in the industry are leveraging on the campaign for healthy eating in promoting their produce. As a matter of fact, shrimp and seafood generally are more expensive to purchase when compared to fishes et al.
It is on record that revenue for the seafood/shrimp farming business has maintained positive growth over the years especially during the past two decades. This is because in recent time, a growing number of individuals shifted to healthy eating and consuming seafood, resulting in high demand.
Another common trend in the business is that most players in the industry are no longer concentrating only on non – organic seafood farming. They now find it easier to run both organic and non – organic seafood cultivation. It is fact that despite that organic food are expensive, the sale is on the increase and it is indeed profitable.
Our Target Market
Unsurprisingly, the end consumer of seafood (shrimp inclusive) and also those who benefit from the business value chain is all encompassing; it is far – reaching.
In view of that, we have positioned our shrimp farming business to service (supply) supermarkets, grocery stores, hotels, restaurants and other outlets all across Pearl City – Hawaii and other key cities all over the United States of America and Canada.
We have conducted our market research and we have ideas of what our target market would be expecting from us. We are in business to retail our shrimps, and other shellfish to the following groups of people and businesses;
- Grocery Stores
- Outdoor caterers
- Fishes and seafood merchants
- Food hubs
Our Competitive Advantage
A close study of the fish and seafood farming industry reveals that the market has become much more intensely competitive over the last decade. As a matter of fact, you have to be highly creative, customer centric and proactive if you must survive in this industry. We are aware of the stiff competition and we are prepared to compete favorably with other seafood/shrimp farms in Pearl City – Hawaii.
Black Mamba® Indoor Shrimp Farms, Inc. is fully aware that there are competitions when it comes to selling shrimp, which is why we decided to carry out thorough research so as to know how to take advantage of the available market.
We have done our homework and we have been able to highlight some factors that will give us competitive advantage in the marketplace; some of the factors are effective and reliable indoor shrimp farming processes that can help us sell our produce at competitive prices, good network and excellent relationship management.
We can also boast of having a team of hardworking and highly proficient farmers, a team with excellent qualifications and experience as it relates to shrimp farming. Aside from the synergy that exists in our carefully selected team members, we have some of the latest and efficien farm machines and equipment and we will be guided by best practices in the industry.
Another competitive advantage that we are bringing to the industry is the fact that we have designed our business in such a way that we will operate a standard indoor shrimp farm that will be involved in processing and packaging shrimps for both the local and international market. With this, we will be able to take advantage of all the available opportunities within the industry.
Lastly, all our employees will be well taken care of, and their welfare package will be among the best within our category in the industry. It will enable them to be more than willing to build the business with us and help deliver our set goals and achieve all our business aims and objectives.
SALES AND MARKETING STRATEGY
We are quite aware that the reason why some indoor shrimp farms hardly make good profits is their inability to sell their produce as at when due. In view of that, we decided to set up a standard seafood processing and packaging plant and also to cultivate our feeds within our facility. It will indeed help us maximize profits.
Our sales and marketing team will be recruited based on their vast experience in the industry and they will be trained on a regular basis so as to be well equipped to meet their set targets and the overall business goal of Black Mamba® Indoor Shrimp Farms, Inc.
In summary, Black Mamba® Indoor Shrimp Farms, Inc. will adopt the following strategies in marketing our shrimps, and other shellfish (e.g. clams, oysters, crustaceans, mollusks);
- Introduce our business by sending introductory letters alongside our brochure to stake holders in the fish and seafood industry, households, hotels, restaurants, outdoor caterers, foods hubs and fishes and seafood merchants et al.
- Advertise our business in food related magazines and websites
- List our indoor shrimp farming business on yellow pages ads
- Attend related agriculture and food expos, seminars, and business fairs et al
- Leverage on the internet to promote our business
- Engage in direct marketing
- Encourage the use of word of mouth marketing (referrals)
Sources of Income
Black Mamba® Indoor Shrimp Farms, Inc. is in the indoor shrimp farming business for the purpose of maximizing profits hence we have decided to explore all the available opportunities within the industry to achieve our corporate goals and objectives.
In essence we are not going to rely only on the sale of our shrimp, and other shellfish to generate income for the business. Below are the sources we intend exploring to generate income for Black Mamba® Indoor Shrimp Farms, Inc.;
- Framing of different species of shrimps, and other shellfish (e.g. clams, oysters, crustaceans, mollusks)
- Processing and packaging of shrimps, and other shellfish (e.g. clams, oysters, crustaceans, mollusks) for sale and export
- Related indoor shrimp tank (pond) construction, training, consultancy and advisory Services.
From the market survey and feasibility studies we conducted, we were able to discover that the sales generated by an indoor shrimp farm depends on the size of the farm, and their capacity to run seafood processing and packaging plant.
We have been able to examine the fish and seafood farms industry we have analyzed our chances in the industry and we have been able to come up with the following sales forecast.
Below are the projections that we were able to come up with for the first three years of running Black Mamba® Indoor Shrimp Farms, Inc.;
- First Fiscal Year (FY1): $265,000
- Second Fiscal Year (FY2): $500,000
- Third Fiscal Year (FY3): $800,000
N.B: This projection was done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown that can impact negatively on household spending, bad weather cum natural disasters and unfavorable government policies. Please note that the above projection might be lower and at the same time it might be higher.
- Our Pricing Strategy
Depending on the market, a successful, fully functioning 32-tank commercial shrimp farm profit margin is roughly 60 percent with the overall COGS around $9.00 per pound- equaling an extra seven figures annually.
We are quite aware that one of the easiest means of penetrating the market and acquiring loads of customers is to sell them at competitive prices hence we will do all we can to ensure that the prices of our shrimps, and other shellfish are going to be what other seafood farmers would look towards beating.
- Payment Options
The payment policy adopted by Black Mamba® Indoor Shrimp Farms, Inc. is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.
Here are the payment options that Black Mamba® Indoor Shrimp Farms, Inc. will make available to her clients;
- Payment via bank transfer
- Payment with cash
- Payment via credit cards
- Payment via online bank transfer
- Payment via check
- Payment via mobile money transfer
In view of the above, we have chosen banking platforms that will enable our clients make payment for our shrimps without any stress on their part. Our bank account numbers will be made available on our website and promotional materials.
Publicity and Advertising Strategy
Any business that wants to grow beyond the corner of the street or the city they are operating from must be ready to utilize every available means to promote the business. We intend growing our business which is why we have perfected plans to build our brand via every available means.
Below are the platforms you can leverage on to boost our indoor shrimp farm;
- Place adverts on both print (newspapers and food related – magazines) and electronic media platforms
- Sponsor relevant community based events/programs
- Leverage on the internet and social media platforms like; Instagram, Facebook, twitter, YouTube, Google + et al to promote our business
- Install our Bill Boards on strategic locations all around Pearl City – Hawaii
- Distribute our fliers and handbills in target areas
- List our indoor shrimp farm in local directories / yellow pages
- Advertise our indoor shrimp farm in our official website and employ strategies that will help us pull traffic to the site.
- Ensure that all our staff members wear our branded shirts and all our vehicles and trucks are well branded with our company logo et al.
Financial Projections and Costing
Indoor shrimp farming startup expenses can be relatively low. A 40-tank farm with building costs included can cost as much as $500,000. However, an eight-tank farm that already has a building can be as little as $100,000, according to experts.
In view of that, below are some of the basic areas we will spend our startup capital in setting up our indoor shrimp farm;
- The total fee for incorporating the business (shrimp farm) in United States of America – $750.
- The budget for key insurance policies, permits and business license – $2,500
- The amount needed to acquire / lease an aquatic farm land – $50,000
- The amount required for construction of a 40 – tank shrimp farm (for the farming of shrimps, and other shellfish (e.g. clams, oysters, crustaceans, mollusks) and fencing et al – $150,000
- The cost for acquiring the required working (food processing and packaging) tools and equipment/machines/glass casing et al – $50,000
- The amount required for purchase of feeds and juveniles – $40,000
- The cost of launching an official Website – $600
- The amount required for payment of workers for a period of 3 months – $100,000
- Additional Expenditure (Business cards, Signage, Adverts and Promotions et al) – $2,000
Going by the report from detailed research and feasibility studies conducted, we will need an average of five hundred thousand dollars ($500,000) to start a standard 40 – tank shrimp cum seafood farm business in the United States of America.
Basically, the nature of shrimp farms does not require an office space, most people that run seafood farms operate directly from their farms. But if we have decided to open a small liaison office; a place where administrative jobs will be carried out.
Generating Funds/Startup Capital for Black Mamba® Indoor Shrimp Farms, Inc.
Black Mamba® Indoor Shrimp Farms, Inc. is a private registered business that is owned and financed by Henry Kobe and his immediate family members. They do not intend to welcome any external business partners which is why he has decided to restrict the sourcing of the startup capital to 3 major sources.
These are the areas where we intend sourcing for fund for Black Mamba® Indoor Shrimp Farms, Inc.;
- Generate part of the startup capital from personal savings and sale of his stocks
- Generate part of the startup capital from friends and other extended family members
- Generate a larger chunk of the startup capital from the bank (loan facility).
N.B: We have been able to generate about $150,000 (Personal savings $100,000 and soft loan from family members $50,000) and we are at the final stages of obtaining a loan facility of $350,000 from our bank. All the papers and documents have been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.
BUSINESS GROWTH: Sustainability and Expansion Strategy
Part of the plans we have in place to sustain Black Mamba® Indoor Shrimp Farms, Inc. is to ensure that we continue to make available organic and inorganic shrimps and other shellfish, deliver quality services, improvise on how to do things faster and cheaper.
We are not going to relent in providing conducive environment for our workers and also the required trainings that will help them deliver excellent services at all times.
From our findings, another factor that kills new businesses is financial leakages. In order to plug financial leakages, the management of Black Mamba® Indoor Shrimp Farms, Inc. adopted the use of payment machine and accounting software to run the business.
We are quite aware that our customers are key component to the growth and survival of our business hence we are going to continuously engage them to give us ideas on how to serve them better. We will not waste time in adopting new technology, best practices and diversifying our services; expand our product and service offerings once the need arises.
Black Mamba® Indoor Shrimp Farms, Inc. will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner.
As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of three years or more. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.
- Business Name Availability Check: Completed
- Business Incorporation: Completed
- Opening of Corporate Bank Accounts: Completed
- Opening Online Payment Platforms: Completed
- Application and Obtaining Tax Payer’s ID: In Progress
- Application for business license and permit: Completed
- Purchase of Insurance for the Business: Completed
- Leasing of farm land in Pearl City – Hawaii: Completed
- Conducting Feasibility Studies: Completed
- Startup Capital Generation: Completed
- Writing of Business Plan: Completed
- Drafting of Employee’s Handbook: Completed
- Design of The Company’s Logo: Completed
- Printing of Promotional Materials: Completed
- Recruitment of employees: In Progress
- Building/construction of shrimp tanks (ponds), and shrimps processing and packaging plant: In Progress
- Purchase of the needed working tools, machines and equipment: Completed
- Creating Official Website for the Company: In Progress
- Creating Awareness for the business (Business PR): In Progress
- Farm land Treatment, Health and Safety Arrangement: In Progress
- Establishing business relationship with key players in the industry (agriculture farm produce merchants, transporter/haulage and suppliers of juveniles, and shrimp feed et al): In Progress
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