Tilapia Farm Business Management and Economics: A Training Manual
Authors: Carole R. Engle & Ivano Neira
University of Arkansas at Pine Bluff
Pine Bluff, Arkansas
Tilapia Farm Business Management
Efficient management of a tilapia farm can make the difference between profits and losses, even in years with unfavorable prices and costs. Farm management involves more than just taking care of the biological processes involved; it includes paying close attention to economic and financial measures of the farm business also. This manual will provide a practical overview of economic and financial indicators and analyses to use to better understand the performance of the tilapia farm business. This should assist farm owners and managers to make more informed management decisions on tilapia farms.
The examples used in this training manual are all based on data obtained from different tilapia farms in Kenya during the period 2000-2005. The sample budgets and analyses are based on prices and cost conditions in the country at that time with some assumptions.