How to Maximize your Profits With Koi Breeding
How to make money with Koi breeding
How to Maximize your Profits With Koi Breeding.
How to make money with Koi breeding is a potentially very lucrative business venture indeed, however as with any business venture, caution, due diligence and patience are all essential for any degree of success to be achieved. It is vital that the breeder does not become so fixated on the potential profits to be earned that they lose sight and focus of the more mundane day to day issues, which whilst cumbersome, onerous and tedious are vital for the long-term success for the project as a whole.
One of the most fundamental issues concerning breeding Koi for profit is the quality of the parents. The Koi parents will be responsible for producing more and more offspring, and so if the source is tainted/less than ideal, then so too will the children. Many would-be Koi breeders will gasp upon hearing the asking price for a top quality Koi parent, in reality however this should be seen as a business investment rather than a business expense.
Professional breeders have been known to spend tens of thousands of dollars in order to secure a premium parent, and in this business, it is quality that counts and as an absolute bare minimum figure, you should expect to pay no less than $1000. It is crucial that you are well aware of the various figures and amounts involved in this business prior to you actually entering into it. Given the high value of this particular commodity, (and the high costs associated with it as well) having sufficient money both in terms of the capital sums as well as ongoing expenses is a necessity.
Plan your business, your current assets, and your current resources very carefully. In the Koi breeding business, you tend to have to rely upon ranges of numbers, rather than exact amounts. For example, an adult Koi female when pregnant can give birth to anywhere between 50,000-500,000 eggs and whilst not every single egg will fertilise and grow, a significant proportion will. You need to draw an average figure as to what percentage of the laid eggs do not develop into Koi fry, and then write that off as a bad debt, this will have to be included in your profit margins as an expense. You may need to charge more per fully grown Koi fish in order to offset this drain on your finances.
50,000-500,000 is an exceptionally high number by any stretch of the imagination and even with the percentage of the eggs that will fail to grow into fully fledged fry, you are looking at a lot of fish that will gradually grow in size! Again, you will need to be intimately aware of the amounts of food that they consume, in order to ensure that they have enough and do not starve. You may find that some of your fish will grow faster than others and thus as a result, dominate the food supply meaning that weaker and smaller fry cannot access it. It is these small details that you have to be the most stringent and in control of, if you want your breeding Koi for profit to have any sort of measure of success. In the words of that timeless adage:
“Fail to prepare, and you prepare to fail.”
Will you separate the fish from one another as they grow and develop, and achieve their varying stages of maturity? This may become essential in the event that a small number of fish end up bullying and dominating the rest of the pool. Having the fish segregated from one another will also help make it your system more organised and methodical, allowing you to start additional breeding with newly developed adults, in order to continue the cycle of growth. However, just because the number of fish being born is increasing, does not mean that your profit margin is. Make sure that you are at least breaking even before you begin to expand.