Professional Documents
Culture Documents
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By
Operation Management
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AGUSAN DEL SUR COLLEGE
BAYUGAN CITY
APROVAL SHEET
This feasibility study entitled "GDCK TILAPIA FARMING" prepared and submitted by
GERAD KENNETH T. BENOYA, DENNIS C. ARIENZA, CARMINA A. TABAÑAG, KENNETH
VERGEL B. JUANITE , in partial fulfillment of the requirements of the degree of Bachelor
of Science in Business Administration has been examined for acceptance and approval for
ORAL EXAMINATION.
RECOMMENDING APPROVAL:
Accepted and approval as partial fulfillment in the requirement of the course Bachelor of
Science in Business Administration with a rating of.
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ACKNOWLEDGEMENT
This Feasibility Study has been made possible by the guidance, supervision, cooperation and
To our Almighty God who always look up and secure the safety of the proponents in doing
this project.
To our parents for the financial assistance and who always guide and give words of wisdom
To our beloved intelligent Professor, Marlyn Signo Gotico, who has greatly shared his
knowledge with us with patience and diligence in helping us meet the necessary works for the
Together, we sincerely acknowledge and give thanks the person's mentioned above who
have brought the success of doing this Feasibility Study. We are very grateful for this wonderful
accomplishment.
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Executive Summary
GDCK Tilapia Farming is a newly proposed business to be set up in Green Village Barangay
Poblacion, Bayugan City in Agusan Del Sur. Aquaculture is not only a source of food but also a
significant source of income for millions of people around the world. In the Philippines, tilapia has
become an important food fish for overall household expenditures. Tilapia is the second-most
It is easy to prepare and easily consumable as compared to meat and other substitutes. In
the short run, GDCK Tilapia Farming gives effort and providing, introducing total quality management
will help capture a fair share of the market and establish a good relationship with our customers in
terms of payment.
In one year, GDCK Tilapia Farming will harvest every 4-6 months tilapia product, and we
believe our product will reach potential markets. In the tilapia business, we can say that we will
recover our capital because according to the Bureau of Fisheries and Aquatic Resources that tilapia is
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Vision, Mission and Goal / Objectives
Vision
Mission
To ensure that our customers receive the freshest Tilapia fish at a competitive price.
Goal
Is to produce healthy, high-quality tilapia that can be sold to consumers. The ultimate aim is
to increase production and profitability while minimizing environmental impacts. This can be
achieved by improving farming practices, developing new technologies and techniques, and
educating producers on the best methods for raising and harvesting tilapia.
Objectives
Reduce costs associated with tilapia farming within Bayugan City by the end of 2024.
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TABLE OF CONTENTS
Title Page i
Approval Sheet ii
Acknowledgement iii
Executive Summary iv
CHAPTER I Introduction
Introduction 1
Background/Purpose of the Study
2
A. Management Aspects 14
Form of Ownership 14
Organizational Structure 15
Owners Profile and Equity Contribution 15
Job Description 16
SWOT Analysis 17
B. Marketing Aspects 18
Product 18
Pricing 19
Place 20
Promotion 21
People 21
Process 21-23
Physical Evidence 23
C. Technical Aspects 24
Supplies 24
Facilities and Equipment 25-26
Furniture and Fixtures 27
Purchases 27
D. Financial Aspects 28
Projected Cost 28-30
Projected Statement of Operation 31
Projected Statement of Financial Position 32
Projected Statement of Cash Flow 33
Financial Ratio Analysis 33-34
E. Socio-Economic Aspects 35
Employment 35
Socio benefits 35
Government revenue 35
Summary of Findings 36
Conclusion 37
Recommendation 37
Attachments 38-41
CHAPTER l
INTRODUCTION
The Philippines (in 1990) is considered the world’s largest grower of the fish from farming which
produces 76,143 metric tons of tilapia and contributed 22% of the total fish production of the country
from aquaculture. At present, the culture of tilapia is still expanding industry in the country. It is
grown in about 14,500 hectares of freshwater ponds about 500 hectares of fish cages in lakes and
reservoirs throughout the Philippines. There are over a thousand small-scale hatchery operators in
the country with areas ranging from 500 m2 to 5,000 m2 with an annual estimated production of
over 500 million fingerlings. The production however could not cope up with the demand and still the
big problem of the industry that is availability of seeds/fingerlings. As long as the demand for
The name “Bayugan” is a Manobo term for pathway, since then the natives called the place,
Bayugan. Another version states that “bayug” trees grew abundantly in this place. Bayugan was
formerly a sitio of Barangay Maygatasan, Esperanza. Several versions abound on how the sitio got its
name. First, the place was located along the river which served as the pathway of the natives in
going to Esperanza. In June 21, 2007, Bayugan was declared as the only city in the Province of
Agusan del Sur. Bayugan also is a rice granary of Agusan del Sur. (THINKSTEMBLOG, 2016)
The researcher gathers information of the total number of population and the total number of
household in Bayugan City, Province of Agusan del Sur and Caraga Region.
The number of Population in Bayugan City is 116,743 and is the total number of Household is
26,259. Then the total number of Population in Agusan Del Sur is 739,367, and the total number of
Household is 153,656, while the total number of Population in Caraga Region is 2,804,788, and its
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The researcher conducts a survey to know more about the people living in Bayugan City and the
viability of putting up a TILAPIA FARMING BUSINESS in the said place. By doing this, it can help the
researcher to accomplish the plan. The researcher planned to establish a business at Poblacion
Magkuno St. Bayugan City, Agusan del sur. Since Bayugan City is a progressive place, the researcher
found out that establishing a tilapia Farming/ tilapia Breeder business is good because of the
To establish tilapia Farming Business in Green Village Barangay Poblacion Bayugan City is
very good, aside from no competitors of the location of our business, with the purpose to explore the
potential of tilapia farming in order to increase food security and income in rural communities. The
research aims to identify the most suitable species of tilapia for farming, identify the most suitable
production systems and management practices, and analyze the potential impacts of tilapia farming
on the environment. The findings of this study can help inform policy makers, researchers and
development practitioners on how tilapia farming can be used as an effective and sustainable
development tool.
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CHAPTER II
These chapter reviews of the local and international literature and studies related to this
project and focuses on the proponent that need to find some helpful resources or information about
Local literature is about information of the company here in the Philippines which are related
to the business. International literature is about the study that has been done by the foreign people
Local Review
According to Tilapia Technical Committee (2017), state that tilapia is one of the most
commercially important commodities in fisheries and aquaculture. Although tilapia is relatively easy to
propagate and culture, the Philippine tilapia industry needs the necessary boost in the quality and
quantity of production outputs. Years of local tilapia R&D works have generated several innovative
field-tested breeding and farming methods, which when adopted on-farm, may help the tilapia
According to Valcobero, J. (12 April 2022) that, Tilapia (Oreochromis niloticus) is a species
growing in freshwater across the Philippines, that contains niacin, vitamin B12, phosphorus, selenium,
and potassium and is, therefore, a staple commodity at the dinner table among Filipino families. From
a mere backyard hobby, complemented by the green atmosphere on the lowland valley across the
roaring Palilan River, tilapia culture has gradually become an economically viable aquaculture activity
in the area.
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Considering its benefits, tilapia farming has spread out among farmers converting non-productive rice
and swampy areas into usable ponds. The hardy fish is easy to grow, after five to six months of
culture; the grower can either sell it in the market or apportion it for family consumption for a more
According to Mr. Infiesto, the group vice-chairman, state that tilapia requires ample attention
to details and processes of raising such as clean water, oxygen, food, light, and room to swim, stay
healthy and grow fast. When they received the project in 2020, they immediately cultured the
fingerlings in each pond area. A total of 60,000 fingerlings were stocked in March. By maintaining
favorable environmental conditions and proper feeding, the fish are ready for harvesting after 5-6
months. “Makaingon ko nga na-improve ang panginabuhi sa miyembro kay gawas nga maka-income
me, makasud-an pa gyud among matag pamilya ug presko nga tilapia. So, ang among budget para
sa sud-an, amo ng matigom,” shared Mr. Infiesto.(I can say that each members’ life has improved,
not just due to the additional income but also each of our families has enjoyed eating fresh tilapia.
The culture of tilapia in the Philippines has spread across the country. Tilapia production is
increasing as reflected in the volume of tilapia unloaded in major fish landings in the country. In
Metro Manila, where a large percentage of the country's population is concentrated, tilapia
consumption has gained wide acceptance among consumers. The introduction of a new and better
tilapia species which is meaty and bigger in size than the first species introduced in the country has
ushered in the acceptance of tilapia even among sophisticated consumers in urban areas.(Reneses Jr,
Benjamin S. 1987)
Future prospects in marketing are considered briefly; it is believed that the future success of
the industry in the Philippines and the degree of participation by small-scale producers depend to a
great extent upon the initiation of measures to improve both the efficiency of culture methods and
the performance of cultured stocks (Smith, I.R. & Pullin, R.S.V. 1984).
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Fish are aquatic resources. Those obtained from salt water are called marine Fish; those
from lakes, ponds, river and other inland bodies of water are called inland Fish. Most fish are caught
in the open seas and their availability is not dependent on Man’s production efforts. However, man
has learned to culture some marine fish. Live fish has the advantage of being exempted from
deteriorative changes during Handling and marketing, for there is no need of putting them in cold
storage to keep them alive (de Leon et. Al.,2017). Marcos (2017) cited that many seafood specialty
Restaurants maintain aquariums from where consumers can choose the fish they want to cook.
Tilapia can be used as an alternative to other meat products in both quantity and quality.
Tilapia offers important nutritional properties, as it is a source of essential fatty Acids like Omega 3,
and higher quality protein than chicken, beef or pork (Godoy, 2014). Because of the abundance of
Nile tilapia, it can be developed into various recipes as ingredient in selected pastries such as
One of the major sources of livelihood in the country is fishing and most of the fishers are
involved in capture fishing while others are involved in aquaculture, vending, gleaning, and
processing. In 2018, the contribution of the fisheries sector to the gross domestic product of the
country was 1.2 % and 1.3 % at current and constant prices, respectively. Out of the estimated
population of 105 million people, about 82 million are fish eaters and each one consumes about 38.2
According to Ms. Valcobero J. (2022) that, in cultivating tilapia in earthen ponds is the most
widely used system in Bukidnon for growing the fish to marketable size (350-500 grams; 3-7
fish/kg).Their farm sites have a structure to control water flow in and out. Ponds are constructed on
land with a gentle slope, with a loamy soil type that can hold onto large amounts of water, adequate
water supply, proximity to markets and roads, and availability of fingerlings. Further, the community
According to Mr. Hernando Panis, chairman of Valencia City SAAD Fisherfolks Association
(VCSFA) state that to provide an ideal environment for their fish, after each cycle, the group first sun-
dried the bottom of their ponds to get rid of unwanted organisms and stabilize the soil. The water
potential hydrogen (acidity level) is maintained at 6.5-8.5 pH. Outside of this range, the fish can
stress out and weaken their immune system. Before they release the fingerlings, they make sure that
the stocking density is correct for the pond. Overpopulation will promote a higher chance that the fish
will compete for food and living space, which can hinder their growth. Each beneficiary’s particular
pond area at 300 to 500 square meters provided them Php 1,000 to 50,000 gross income per
In 2021, the average domestic retail price of tilapia in the Philippines was around 148.48 Philippine
pesos per kilogram. The retail price of this type of fish has increased overall in the past years.
Tilapia prefer smaller pellets and dislike hard pellets. As a rule of thumb, small fish should be
provided with small feed particles while large fish should be provided with large feed particles.
According to PCAARD’s Industry Strategic Science and Technology Plans (2020) that, tilapia is
the second most important cultured species in the country accounting for 281,111 MT total
productions in 2021. Philippines’ total production was 263,871 MT in 2020, which makes up 20% of
the Philippines’ aquaculture production, with Central Luzon as the leading region with tilapia
International Review
According to FMI’s analysis, tilapia sales have risen at more than 3.4% CAGR between 2017
and 2022.
Tilapia is native to the Middle East and Africa region and was first imported to India from
Thailand in 1952. Ever since the commercialization of the tilapia market has brought in numerous
developments for large-scale cultivation of high-grade tilapia. Numerous countries are issuing
guidelines for responsible farming of tilapia, to ensure minimal environmental impact from tilapia
farming. However, at present over 90 tilapia processing plants and 92 tilapia farms are Best
Aquaculture Practices (BAP) Certified. Of these, over 75% of farms are located in China. (FMI, 2022)
The GIFT strain of Nile tilapia (Oreochromis niloticus) was mostly farmed by small-scale
farmers operating less than one ha of ponds and with a lower assets index than their non-GIFT
counterparts. The GIFT strain had a faster growth rate (27% and 36% faster than that of non-GIFT
tilapia in monoculture and polyculture, respectively). Although GIFT and non-GIFT farmers applied
different stocking strategies with GIFT farmers growing much smaller fingerlings compared to non-
GIFT farmers (7.3 g for GIFT and 17.2 g for non-GIFT, and 9.1 g for GIFT and 20.3 g for non-GIFT in
monoculture and polyculture, respectively. Yields were statistically different between both strains in
monoculture and polyculture (8.1 tons/ha per cycle for GIFT and 6.2 tons/ha per cycle for non-GIFT
in monoculture, and 9.3 tons/ha per cycle for GIFT and 7.8 tons/ha per cycle for non-GIFT in
polyculture). In polyculture systems, overall polyculture yield was statistically different at the 10%
level (12.7 and 10.2 tons/ha for GIFT and non-GIFT ponds). In terms of profitability performance,
GIFT tilapia is more profitable and cost-effective than non-GIFT. Findings from this study highlight the
importance of adopting culture of high-performance strains to close yield gaps and realize the
potential benefits of the GIFT strain. (Genetically Improved Farmed Tilapia, 15 April 2021)
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Aquaculture growth is critical to meet the globally increasing demand for fish, which is driven
by rapid population growth, rising income and consumer preferences shifting towards healthier and
more nutritious foods. However, aquaculture production of most of the 600 aquatic species farmed
currently is still based largely on unimproved species, which are genetically similar to wild
counterparts, with low production efficiency (Ponzoni et al., 2007; FAO, 2019).
The use of genetically improved farmed fish strains can play an important role in meeting
the growing demand for fish by increasing production gains (Acosta and Gupta, 2010; Olesen et al.,
2015; Gjedrem and Rye, 2018), improving disease resistance (Houston, 2017; Barría et al., 2020;
Kjetså et al., 2020) and enhancing socio-economic and welfare performance of the related
In 2018, there were more than 5.5 million metric tons of farmed tilapia produced globally,
with Nile tilapia (Oreochromis niloticus) ranking third in terms of total global fish production (FAO,
2018).
In Zambia, fish and fish products account for a large proportion of animal protein intake for
majority of people and fish demand will continue to grow driven by population growth, rising incomes
and high preference for fish. The deficit between domestic fish production and national fish
requirement, is offset through importation of about 70,000 metric tonnes (MT) of fish annually.
Zambia’s annual total fish production of about 110,000 MT, consisted of 85,000 MT of fish from
capture fisheries and 30,000 MT from aquaculture. In short, aquaculture contributes about 30% of
enterprises. Although small-scale fish farmers are the majority, their contribution to aquaculture
production is about 30% annually, and the largest contribution comes from large- scale commercial
In Ghana, the private sector’s response to the problem of limited resources to finance
aquaculture investment has been to employ Pooled Investment Vehicles (PIVs). Several Tilapia
farming companies emerged and invited people to make investment placements that were channeled
into Tilapia production and the proceeds used to pay back the principal and interest of these
investments. Unfortunately, several of these companies hyped the profitability of Tilapia farms and
promised investors returns well above 80 percent per annum that were simply unsustainable (Kwami
Cages are production units easily managed and with relatively low harvesting costs. The fish
can be treated as soon as any diseases of parasites are detected, and cages require a relatively lower
capital investment when compared to ponds. Some disadvantages include a higher risk of loss from
poaching; fishes become less tolerant to poor water quality, and are totally dependent on nutritionally
complete feeds. Tank culture of tilapia is a good alternative to pond and cage culture if sufficient
water or land is not available. Many of the advantages and disadvantages that apply to cage culture
Aquaculture production has expanded consistently over the past few years and is the sector
of food production that is increasing at the highest rate. It has become an essential component of
national development and poverty reduction initiatives in many parts of the world (Prabu & Santhiya,
2016). One of the areas of the world's livestock industry with the most potential for expansion is
aquaculture (FAO, 2010). Approximately 40 percent of all fish grown in captivity are tilapia, making it
the most crucial source of this type of fish (Scorvo-Filho et al., 2010).
Tilapia is the common term given to numerous species of cichlid fish that can be found in
brackish water and freshwater streams, ponds, rivers, and lakes. Tilapia is also found in saltwater
environments. Despite being labeled as invasive, tilapias are becoming an increasingly important part
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of the aquaculture industry. Because of its appropriateness for aquaculture, marketability, and
consistent market pricing, tilapia is the second most farmed fish in the world. Over the past decade,
tilapia output has increased by a factor of four, making it the second most farmed fish overall (Wang
et al., 2016).
Today, tilapia has emerged as the bright star of aquaculture. It is also often known as
"aquatic chicken," and this fish's consumption rate has expanded worldwide (Fitzsimmons, 2005). The
amount of farmed tilapia that is produced on a global scale each year has been steadily climbing over
the past few years (Ahsan et al., 2013). Unlike most other species of finfish, Tilapias are very hardy
fish that do well in many different environments and ways of being raised. They can do well in low-
density pond systems, cage culture systems, raceway systems, and super-intensive culture systems.
Because of its low protein requirements, ease of breeding and cultivation, and capacity to digest plant
protein, it quickly became a species of interest among those with little resources, particularly in rural
areas.
Tilapia is also well-liked and highly valued in a significant number of Asian nations, such as
the Philippines and Indonesia, where the native people have incorporated it into an essential
component of their country's culinary traditions and have recognized it as a native species of their
homeland (Costa-Pierce & Rakocy, 1997). This fish was given the moniker "Aquatic Chicken" by the
International Development Agencies in the 1970s, and it was later dubbed the "fish of the 1990s" by
those same agencies. Both names date back to the 1970s. People are calling it the "food fish of the
Tilapia is the common name for nearly 100 species of cichlid fishes. Tilapias inhabit a variety
of fresh and, less commonly, brackish water habitats from shallow streams and ponds through to
rivers, lakes, and estuaries. Most tilapias are omnivorous with a preference for soft aquatic vegetation
and detritus (Baker and Jenny, 1988). For a long time, they were all united in the genus Tilapia, but
In Asia, tilapia farming is very profitable. The productivity, costs of production and
profitability of tilapia farms vary considerably among countries and production environments. Tilapia
fanning is becoming increasingly commercial with a large proportion of production marketed. Tilapia
is consumed mainly by poor consumers because of its relatively low price compared to other fish
species (Madan, Gaspar, Lou Yong, Prescilla Regaspi, A, H.M Kohinoor, Nuanmane and Ferdenand J.)
Tilapia is the most popular aquaculture species farmed in over 120 countries or territories
worldwide. Global tilapia aquaculture production grew 11 percent annually (or 13 percent in terms of
farmgate value) over the past three decades, from 0.3 million tonnes (USD 304 million) in 1987 to 5.9
million tonnes (USD 11 billion) in 2017. Aquaculture production in Brazil increased 14 percent
annually (or 12 percent in terms of farmgate value), from 13 000 tonnes (USD 56 million) in 1987 to
595 000 tonnes (USD 1.5 billion) in 2017, making it a regional aquaculture powerhouse contributing
to 20 percent of Latin America and the Caribbean’s aquaculture production in 2017 (Barroso, R.M.,
Muñoz, A.E.P. and Cai, J. 2019) Social and economic performance of tilapia farming in Brazil.
Tilapia is the second most prolific species grown in aquaculture after carp, and the most
widely grown fish on earth. Tilapia is farmed in 5 countries with the largest producers being Asian
countries such as China and Indonesia. Consumer markets have expanded greatly throughout the
2000’s due to improved breeding strategies, hybridization and sex reversal. According to the National
Fisheries Institute tilapia is on the top ten lists of the most consumed fish in the United States.
Chances are if you’ve eaten fish at a restaurant you’ve eaten tilapia (Tilapia 2019, June 24).
Tilapia is the third most important group of farmed fish on the planet after carps and
catfishes. Geographically speaking it is the most widely grown of any farmed fish, with aquaculture
production in at least 85 countries. Although there are a number of producers in the U.S., most
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consumption is based on imports coming from Asia and Latin America. Global supplies of farmed
tilapia surged in the 1990s and early 2000s, largely due to widespread introduction of improved
reproduction through sex reversal, and expansion of consumer markets in virtually every part of the
world. Production volumes are continuously increasing globally, although much of the current growth
is destined for domestic consumption in developing nations. (C. Greg Lutz, Louisiana State University
Tilapia is a species native to Africa, specifically to the east-flowing rivers of Central and South
Africa. They were introduced around the world as a way to boost food security through aquaculture in
many developing countries. The first consignments of this species were imported into India way back
in 1952, interestingly not from Africa, but from Thailand and Sri Lanka via the Central Marine
Fisheries Research Institute (CMFRI) in Mandapam and the Madras Fisheries Department respectively
(Panikkar and Tampi, 1954). This suggests that the Mozambique Tilapia had already begun
establishing itself around the world. A little over two decades later (in the late 1970s), another
species, the Nile Tilapia (Oreochromis niloticus) was brought into the country. (Aaron Savio Lobo on
15 October 2020)
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The significance of this study Tilapia Farming is to show whether this establishment is in
demand here in Bayugan City, if it will be feasible in five aspects. Nowadays it also serves as a guide
if the people living here in Bayugan City will patronize the product or if they have the knowledge
about Tilapia Farming. The study will further show the effects of establishment of tilapia Farming here
in the community or the society. The study of Tilapia Farming in Bayugan City is significant because it
can help improve the yield and quality of Tilapia products in the city, as well as provide employment
The scope of the study was confined mainly in the Bayugan City. The study focuses its
attention on that being encountered of a Tilapia Farming Business and to study also the
responsibilities of the owner. The place of the study covered the barangay Poblacion in Bayugan city.
People whom can benefit the Establishment of tilapia Farming are employed people, professionals,
businessman, and most especially to who may rendered the people of Bayugan City.
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CHAPTER III
This study is presented to demonstrate the five aspects of GDCK Tilapia Farming, which are
Management Aspect
The management aspect of the business includes the Form of Ownership , Organizational
The type of business ownership will be a partnership; in which partners pool money, skills,
and other resources, and share profit and loss in accordance with the terms of the partnership
agreement. In the absence of such agreement, a partnership is assumed to exit where the
participants in an enterprise agree to share the associated risks and rewards proportionately.
Complementary skills and additional contacts of each pattern can lead to the achievement of greater
financial results together than would be possible apart. Mutual support and motivation are needed for
Manager
Cashier
Sales
Representative Utility
The organization structure shows the task allocation and the allocation of responsibility.
Each of the staff as the structure shows are connected to the manager, meaning the
manager has the superior authority to manage the people at the work place. While the
sales lady, utility is directed to the cashier.
Position Description
Manages the work of the others in order to run a business efficiently and make a
Manager large profit, include recruiting, implementing policies, marketing responsibility and
customers as they leave with their purchases. Cashiers also handle additional items
Representative through excellent sales service and Maintaining outstanding store condition and
Utility Is responsible for cleaning and orderliness of the establishment to make it more
convenient and also the one who feed the Tilapia and other Tilapia Farming
activities.
The table above shows the function and duties of the employees.
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SWOT stands for Strengths, Weaknesses, Opportunities, and Threats, and it is a useful
acronym for both individuals and organizations in the business world. SWOT analysis is an excellent
method for assessing these four important areas of a company.
Marketing Aspect
Marketing Aspect of this business study are mainly includes the 4P’s of product which are
Product , Pricing , Place , Promotion , and the 3 P’s of service which are People , Process , Physical
Evidence.
2.1 Product
Tilapia Fish
Tilapia is an in land cultured fish with a weight ranging from 200g to 500g each.
A Combo composed of 50 pcs regular size Tilapia and 50 pcs giant size Tilapia fingerlings.
Demand analysis will serve as the basis of GDCK Tilapia Farming if it can serve the Demand
of the community in the market. The urban and rural barangay in City of Bayugan is the basis of
determining the feasibility of the demand of the services of the establishment of GDCK Tilapia
Farming.
Annual Rate 4% 4% 4%
B. Target Market
GDCK Tilapia Farming's target market is the Bayugan City market, which includes both families and
individual consumers. It also sells its products to local Tilapia breeders and Tilapia farmers.
C. Market Share
2.2 Pricing
2.3 Place
A. Vicinity Map
The picture shows the vicinity map of the store that is 397m away from the main highway.
Stock Room
Packing
Pond Pond Pond Area Manager
Cashier
Display Area
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2.4 Promotion
In order for my business to be known publicly, I used different promotion and advertisements
through:
Flier – This is to inform the community about the services of GDCK Tilapia Farming offered.
Radio Advertising – Communication that delivered over mass network. It will air 2 times daily by
88.5 FM.
Tarpaulin – a piece of materials as durable as plastic, where the name, services and promotions of
the establishment are printed. It should be printed with a picture that would illustrate and represent
For other inquires, anyone can text at cell phone number 0951-680-9173.
2.5 People
2.6 Process.
1. Pond drainage – drain the pond completely to collect all the fishes and eliminate predators and
should be leveled to slope toward the drainage structure to ensure complete drainage.
3. Application of insecticides – if predators are present, apply insecticides immediately after pond
leveling or draining.
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4. Pond drying – (pond drying crack) is essential especially when mud deposit in bottom is already
thick. This will enable toxic gases/substances to escape from the pond.
5. Basal application of fertilizer –organic fertilizer should be applied at the rate of 2,000 kg/ha.
Inorganic fertilizer (16-20-0) should be applied at the rate of 100 kg/ha during or immediately after
pond filling.
Fertilizers stimulate the plankton growth which is the natural food of the fish. Fertilization may be
appropriate if measurement indicates low levels of nitrates and phosphates, water is transparent and
water is turbid with suspended soil particles. However, fertilization may not be recommended in soils
containing high levels of nutrients sufficient to support plankton bloom. At NFFTC, organic fertilizer is
applied basal at 2,000 kg per hectare and monthly application of 3,000 kg per hectare. Feeding of the
breeders is highly recommended in hapa and tank method of hatchery production and important in
open pond method if fertilization is not being followed. Breeders are being fed at the rate of 3-5 % of
the body weight with commercial or formulated feeds with high protein content.
Conditioning of Breeders
After the breeding cycle (parallel with pond preparation) breeders should be conditioned to restore
vigor and energy depleted during the breeding process. Male and female breeders should be
separated and fed with high protein diet at 10-20% of body weight 1-2 weeks.
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Aside from the fertilization, feeding, water quality maintenance and other routinary activities should
1. Farm records (inputs and outputs). Record keeping is important for a good management. It
2. Maintenance of daily log book. Logbook for daily observations should be maintained, such as
the number of mortalities, draining, stocking dates and other observable records for
reference. Status of stocks are monitored through quarterly inventory and recorded
accordingly.
As part of good management the following activities are observed and recorded daily for both pond
and tanks.
6. Mortalities of stocks
3.1 Supplies
Rock Salt Use to kill the bacteria and also 1 sack 200 200
preservation.
TOTAL 3,251
The table above shows the total cost of Supplies which is, 3,251.
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TOTAL 19,014
The table above shows the total cost of Facilities and Equipment which is 19,014.
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Wooden
furniture’s that
Table With 2 3,640 7,280
used for
Drawers
manager and
employer.
Furniture to be
used by
Plastic Chairs 1 Dozen 350 4,200
manager and
employer.
TOTAL 11,480
This table shows the Furniture and Fixtures which are 11,480.
3.4 Purchases
Cost
The table above shows the Total Cost of Purchases which is 10,000.
27
Financial Aspect
Determined and managed the financial stability and consistency of the business during the operation
process.
Building 90,000
Supplies 39,012
Purchases 20,000
Total 179,506
SCHEDULE 1
Facilities Expenses
Particular Price Qty Total
Garbage Can 119 4 476
Broom 50 2 100
Dust pan 48 2 96
Pail 99 2 198
Dipper 25 2 50
Silicone hose 622 10m 622
Pvc pipe blue 150 4 600
Pvc elbow 25 10 250
Vulcaseal 65 2 130
Total 2,522
Supplies
Particular Price Qty Total
Record Book 99 2 198
Ballpoint pens 52 1 pack 52
Tilapia Feeds 1,050 2 sacks 2,100
Plastic transparent bag 361 1 pack 361
for Fish
Rock Salt 200 1 sack 200
Aqua Care 85 4 340
Total 3,251x12 months = 39,012 3,251
Promotion Expense
Particular Cost Date
Radio Advertisement 1,500 4 months 6,000
Fliers 500 4 months 2,000
Tarpaulin 1,500 Yearly 1,500
Total 9,500
29
Communication Expense
Particular Cost Date Total
DITO Load 199 12 2,388
SCHEDULE 2
Purchases
Months Breeders Qty Purchases Price Total
January
February
March 200 50 10,000
April
May
June
July
August
September 200 50 10,000
October
November
December
Total 20,000
SCHEDULE 3
Projected Sales
Date Particular Customer Qty Price Total Yearly Total
Quarterly Fry 10 5,000 0.50 25,000.00 100,000.00
Quarterly Fingerlings 10 50 70.00 35,000.00 140,000.00
Combo
Half Year Breeders 6 20 200.00 24,000.00 48,000.00
Combo
Quarterly Tilapia/Kilo 10 50kl 150.00 75,000.00 300,000.00
Total 588,000.00
30
GDCK TILAPIA FARMING
PROJECTED STATEMENT OF OPERATION
AS OF DECEMBER 31
2023 2024
Estimated Sale
31
GDCK TILAPIA FARMING
PROJECTED STATEMENT OF FINANCIAL POSITION
AS OF DECEMBER 31
ASSETS 2023 2024
Current Assets:
Fixed Assets:
liabilities
Total liabilities
Owners’ Equity
Beginning
= 160,000
255,620
= 0.63
.63 X 12 =7.56
Therefore, the business can recover its total investments within 7 months and 17 days for the year
2023.
2023 2024
Socio-economic Aspect
5.1 Employment
The business GDCK Tilapia Farming helps the city especially to those unemployed and jobless people
for opportunity offers. Through employment it can help the status of the city to decrease jobless
people.
The establishment will offer good services and quality product and will give advantage and benefits
and advantage to the people in Bayugan City. And also it gives additional income for public purposes.
The New establishment or business will give additional income to the government through paying tax.
The income they get will be used for the more improvement and benefits of the people in Bayugan
City.
35
CHAPTER IV
SUMMARY OF FINDINGS
Marketing Aspect
The acceptability of the business herein Bayugan, which creates highly demand to the market
based on the promotion, advertisement strategies and fees.
Technical Aspect
The business was agreed to be situated at the said location and accessible to the target
market. It is also determines the facilities and equipment’s to be acquired in showing the location and
layout of the project for the securities at an emergency cases.
Financial Aspect
It deals with financial operation of the service and financial condition, the sources of fund in the
business is raised enough to finance the need of the establishment. Based on the financial statement,
the proposed business would be highly profitable and progressive.
Management Aspect
It shows the allocation of duties and implies clear and precise identification of responsibilities,
flow of authority and manpower level requirement, it must be set up for optimum effectiveness, and
the salaries depend upon the position and capability.
Socio-Economic Aspect
The establishment of GDCK Tilapia Farming helps the city especially to those unemployed people
for business opportunities and gives benefits to the government by paying taxes and improved the
city in terms of infrastructures.
36
CONCLUSION
The above discussion has evaluated through various basis and analysis for the feasibility of
the research. Therefore we conclude the five aspect of the study have the different part, act as big
rule of the research, for it creates the foundation of the business to achieve the main goals and
objectives of the business. Using these aspects the business is completely feasible, and it should be
that all aspects must be perform and given importance for the success in the field of the business.
GDCK Tilapia Farming and its production enterprise mandate direct contact with their clients because
their fundamental value-add is our capacity to assist them in running their businesses efficiently. As a
result, in establishing GDCK Tilapia Farming, maintaining direct communication with our customers is
vital. Paying special attention to what works and what needs to be changed is highly important.
Because of these needs, our best sales channel will be directly to the consumer.
RECOMMENDATION
This study suggested that the business of GDCK Tilapia Farming is highly demand, with the strong
income statement; this business is very much profitable. Based on the data gathered by researcher,
this business is feasible in all aspect of the study. The study is strongly recommended that the
proposed business must be immediately implemented for the benefits of the people of Bayugan City.
37
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41
TOTAL 19,014
The table above shows the total cost of Facilities and Equipment which is 19,014.
26
Technical Aspect
3.1 Supplies
Rock Salt Use to kill the bacteria and also 1 sack 200 200
preservation.
TOTAL 3,251
The table above shows the total cost of Supplies which is, 3,251.
24
2.4 Promotion
In order for my business to be known publicly, I used different promotion and advertisements
through:
Flier – This is to inform the community about the services of GDCK Tilapia Farming offered.
Radio Advertising – Communication that delivered over mass network. It will air 2 times daily by
88.5 FM.
Tarpaulin – a piece of materials as durable as plastic, where the name, services and promotions of
the establishment are printed. It should be printed with a picture that would illustrate and represent
For other inquires, anyone can text at cell phone number 0951-680-9173.
2.5 People
2.6 Process.
1. Pond drainage – drain the pond completely to collect all the fishes and eliminate predators and
2. Leveling of pond bottom – just after the pond draining, levelling of the pond folows. Pond bottom
should be leveled to slope toward the drainage structure to ensure complete drainage.
3. Application of insecticides – if predators are present, apply insecticides immediately after pond
leveling or draining.
21