Feasibility Study of the Bangus Business

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Bangus raising will generally take approximately four (4) months in order to be viable in the market for sale. Aside from the four-month raising period, the fishpond must be grown with algae that will serve as natural food for the bangus being raised. In connection with this, several types of fertilizers are needed to assists the growth of these algae. The table below will show the fertilizers that will be used along with its required volume and estimated prices provided by the Bureau of Fisheries and Aquatic Resources – Cagayan de Oro City Chapter. Fertilizers Price Volume 14 – 14 - 14 P 1,000 per sack 1 sack Urea P 1,000 per sack 2 sacks Lime (Apog) P 2.65 per kilogram 1,000 kilograms Fig. Fertilizers needed in 10,000 sq. m.…show more content…
Packaging Materials Price Quantity Polyethylene bag P 176.00 per bag 5 bags Paperboard Hand sealers Approx. P2,000 per piece 2 pieces Fig. Materials needed for packaging the processed bangus products. Ingredients Prices Quantity Soy Sauce Vinegar Garlic Onion Lemon The above-mentioned ingredients will be purchased in bulk by the business in order to have discounts and other privileges that will be offered by the supplier. The Soy Sauce and Vinegar will be bought at La Victoria store located at Cogon Market since it has a cheaper price for the said products as compared to other retail and wholesale stores in the city. The spices needed for the processing of the products will be purchased in Agora Market since it has an ample supply of these raw materials and is cheaper than in other
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