The ROI on an aquaponic business venture depends partly on the investment made and equipment chosen, combined with good management practices and marketing skills. The other part of the formula to success is to work with a company that has more than a couple of year’s experience in aquaponics, a company that can actually provide the follow up, support, information and assistance you will need as you learn how to operate the system. For example, just last week we got another call from a very upset Aquaponics enthusiast who was asking us for advice on how to fix a system that one of our â€œcompetitorsâ€ sold to her, yet would not support.
Just for clarification, a Return On Investment is a percentage — the annual income a system produces divided by the money invested in that system. We provide both of these financial models and many others to our clients once we know their parameters and we are in the process of Project Planning
I know there are some start-ups in this industry that think they can produce an ROI out of thin air, but it is absolutely impossible to provide a simple formula for Return On Investment without knowing a great deal more about your startup venture in aquaponics. Some of the variables in determining ROI include the initial costs of equipment and infrastructure, construction and installation costs, local contractors and permitting costs, climate, market and local labor costs, marketing methods (wholesale vs. retail), energy costs, crop choices, etc.
Unlike some of our contemporaries in this industry, I will not tell you anything you want to hear to get you to buy something from us. That just isn’t how our company operates. We believe that success breeds success. So, we are honest about the potential and return and we work very hard to make sure our customers get off to a great start and become successful.
We have been in the controlled environment agriculture and the hydroponic and aquaponic business for over 20 years providing proven systems and reliable information to schools, individuals and businesses.
We look forward to the opportunity to provide you with accurate and helpful information on aquaponic growing.