The fact that aquaculture is a business is often forgotten. The ability to turn a good idea into a successful business requires adequate analysis and investigation of the technical and financial feasibility before substantial investments are made.

Decisions on investment in aquaculture need to be made on the basis of business fundamentals; as such, potential aquaculturists needs to give serious consideration to:

  • The fact that aquaculture is a business enterprise;
  • The need to have a clear understanding of the market, both in terms of demand and quality requirements and market barriers;
  • Ensuring that the technology of the farming system is reliable. If new or untried technology is to be adopted then a full understanding of the business risks need to be identified;
  • An understanding that aquaculture species are living animals or plants with special requirements, such as specific water quality requirements; and
  • The level of capital and operating funds required before a positive cash flow is reached.
AssociationContact Details
Marron Growers Association Chair: John Guest
Secretariat: Kathy Dawson
PO Box 464
Northcliffe WA 6262
Phone: (08) 9772 1381
Email: kdawson6258@gmail.com
Web: www.marrongrowers.org
AMWING Pearl Producers Association Chair: Geoff Glazier
c/- Secretariat
PO Box 79
Hamilton Hill WA 6963
Mobile: 0417 224 955
Email: gglazier@westnet.com.au
Abrolhos Pearlers Association Chair: Geoff Glazier
c/-Secretary
PO Box 674
Geraldton WA 6531
Mobile: 0402 331 663
Email: research1@westnet.com.au
Marine Fishfarmers Association Chair: Dr Desiree Allen
c/- Secretariat
1 Fleet St
Fremantle WA 6160
Phone: (08) 9239 8030
Fax: (08) 9239 8081
Email: greg.jenkins@challenger.wa.edu.au