3 B u s i n e s s p l a n | F i s h m e a l a n d f i s h o i l p r o d u c t i o n I N T R ODU C T I ON Regardless of the situation in the global economy, the growth of world population provides a steady growth in demand for food. At that, the limited resources available to the humanity force people to use the most effective means for food production. One of the significant means of achieving this goal is to use biological resources of the world ocean for the production of efficient feeds for farm animals. The most common ingredients for these kind of feeds is fishmeal and its coproduct fish oil. The amount of consumption of these products is very large. About 25-30% of landed fish are than processed into fishmeal and fish oil. World demand for fishmeal and fish oil is growing steadily for more than 30 years, despite the fact that a number of major producing countries is decreasing production from time to time due to the reduction of the resource base. This business plan describes the project of the production and international trading of fishmeal. The goal of the project is organizing the efficient production of fishmeal in the United States. Company plans to deliver produced fishmeal to the market of the Republic of China, where it will be added to the feeds for pork and aquaculture industry. Produced fish oil will be delivered for processing for human consumption. Fishmeal business is based on three main components (Figure 1): • Availability of a feedstock (fish); • Efficiency of production processes; • Access to capacious market. This plan contains the business analysis through internal and external environment. Competition analysis is used to decide the important factors and what can be delivered by the company. This is supported by the projected financial statement for the first 5 years. Introduct ion Figure 1. Business background
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