Feasibility Study of the Bangus Business Essay

777 Words Dec 28th, 2008 4 Pages
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.
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Commercial feeds needed for approximately 15,000 fingerlings for four months.

Upon harvesting the bangus that are matured enough to be sold in the market, these will be placed in the ice box full of ice in order to ensure its freshness and to avoid spoilage. The group agreed to buy the ice supplies for the fresh bangus at the CDO Ice Plant located at Cogon Market. The ice box, on the other hand, will be bought in Unitop, though; it is subject to change in case a cheaper but high-quality ice box supplier will be available.

Price Quantity
Ice box Size: Extra Large (XL) Large (L)
P 335.00
P 275.00
5 pieces
5 pieces
Ice P 5.00 per pala 5 palas

Boneless bangus, boneless marinated, and boneless dried bangus are the processed bangus products of Bangus Espesyal and these required further processing after harvest. This would eventually mean more materials needed, as well as, costs. The tables below will show the additional materials needed for the processing of the other bangus products of the business.

Materials Price Quantity
Mosquito forceps, straight 10 pieces
Cutting

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