The hypothesis was that salmon farming can be the basis for the establishment of a viable small business in British Columbia.
The constraints on the establishment of a salmon farm imposed by government regulations, the availability of funds, and the market for pan-size salmon were presented and discussed. The pertinent biological knowledge associated with the rearing of captive salmon was summarized. A simple production model designed to produce approximately one-half million marketable, pan-size salmon within 15 months was derived from published accounts of studies at experimental fish farms.
A hypothetical salmon farm was described in detail including estimates of the capital and operating costs associated with the farming and processing activities. The required information was obtained through interviews with knowledgeable members of the industry.
The estimated revenues and expenses attributed to the hypothetical farm were analysed using pro forma financial statements to ascertain the financial position and the net cash flow which may be expected. The profitability of the farm was analysed by applying net present value and internal rate of return criteria to the net cash flow.
Sensitivity analysis of the effect of changes to the product mix. market price, labour rate, feed price, tax rate, and stocking density upon the profitability of the farm was conducted. Estimates of the critical values of the above parameters which would allow the farm to be a feasible investment opportunity were derived.
The conclusion is that pan-size salmon farming can be a feasible small business in British Columbia. / Business, Sauder School of / Graduate
| Identifer | oai:union.ndltd.org:UBC/oai:circle.library.ubc.ca:2429/20746 |
| Date | January 1978 |
| Creators | Fralick, James Edward |
| Source Sets | University of British Columbia |
| Language | English |
| Detected Language | English |
| Type | Text, Thesis/Dissertation |
| Rights | For non-commercial purposes only, such as research, private study and education. Additional conditions apply, see Terms of Use https://open.library.ubc.ca/terms_of_use. |
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