Visit Growing Your Aquaculture Business: Expanding or Diversifying Growing Your Aquaculture Business: Expanding or Diversifying Dr. Carole Engle, a specialist in aquaculture economics, discusses growing your aquaculture businesses: whether should you expand or diversify and what conditions should you consider doing so. This will help you determine if is it the right time to expand your business, increase production, or move into new markets. 2015 Engle-Stone Aquatic$ LLC, National Aquaculture Association
Visit The Business of Aquaculture The Business of Aquaculture Reviews the keys to running a successful business; the four P's of marketing, wholesale distributors, risks, and sales. 2015 Aquaculture in Shared Waters
Visit Aomori Ear-Hanging Machinery Aomori Ear-Hanging Machinery As part of an ongoing and productive relationship, a delegation from Maine visited the gear supplier Mutsu Kaden Tokki Co., Ltd. located in Aomori Prefecture, Japan. This video reviews the gear needed for the Japanese scallop aquaculture industry technique called 'ear-hanging'. 2015 Maine Sea Grant
Visit Marketing Cultured Oysters Marketing Cultured Oysters Video of a workshop that goes over niche marketing for raw bar cultured oysters, differentiating your product on qualities and adapting your marketing pitch, how to target key buyers and get maximum return. 2015 East Coast Shellfish Growers Association
Visit Cash-Flow Based Planning for Aquaculture Businesses Cash-Flow Based Planning for Aquaculture Businesses Dr. Carole Engle, a specialist in aquaculture economics, discusses cash-flow for aquaculture businesses, how to maintain a positive cash-flow position, and common pitfalls in developing a cash-flow budgeting. 2014 Engle-Stone Aquatic$ LLC, National Aquaculture Association
Visit Sea Scallop Farming in Maine: Seed Handling and Bottom Cages Sea Scallop Farming in Maine: Seed Handling and Bottom Cages This video is narrated by Dana Morse and reviews how to collect sea scallop spat and grow your seed in bottom cages. 2014 Maine Sea Grant
Visit A Comparison of Bottom and Floating Gear for Growing American Oysters (Crassostrea virginica) in Southeastern Massachusetts A Comparison of Bottom and Floating Gear for Growing American Oysters (Crassostrea virginica) in Southeastern Massachusetts A study compared how oysters grew in floating cages versus bottom cages that determined that generally oysters grew faster and survival and condition index were higher in floating gear. 2014 Woods Hole Sea Grant, Cape Cod Cooperative Extension
Visit Guide to Federal Aquaculture Programs and Services Guide to Federal Aquaculture Programs and Services Developed to describe all Federal programs and activities that directly or indirectly encourage, support, or assist U.S. aquaculture. 2014 Interagency Working Group on Aquaculture
Visit Northeastern U.S. Aquaculture Management Guide: A manual for the identification and management of aquaculture production hazards Northeastern U.S. Aquaculture Management Guide: A manual for the identification and management of aquaculture production hazards Intended to help prospective farmers to identify, record, monitor, and manage production hazards, and ultimately minimize production-related risk. Discusses types of risk in aquaculture, record keeping, environmental conditions, biofouling organisms, predators, diseases, parasites, invasive species, and operational procedures. 2014 Northeast Regional Aquaculture Center, USDA
Visit Oyster Bottom Culture Cost Analysis Spreadsheet Oyster Bottom Culture Cost Analysis Spreadsheet The spreadsheet provides estimates of cost and returns for bottom culture of spat on shell oysters in Maryland. Being able to accurately determine cost and return in business allows you to plan to maximize potential profit and determine expenses, cash flow, and other important aspects of management. This spreadsheet will give you the opportunity to do “what if” scenarios when planning your business. 2013 University of Maryland Extension
Visit Sea Squirts as Potential Vectors of Harmful Algal Introductions Sea Squirts as Potential Vectors of Harmful Algal Introductions This fact sheet is about research that shows connections between sea squirts (ascidian organisms) and harmful algal blooms. In some species, algal cells remain viable after being consumed by biofouling organisms, the invasive sea squirts. 2013 Connecticut Sea Grant
Visit For Consumers of Molluscan Shellfish: Safe Handling, Storage, and Cooking Practices For Consumers of Molluscan Shellfish: Safe Handling, Storage, and Cooking Practices This brochure reviews safe handling, storage, and cooking practices that shellfish consumers should follow to prevent illness. 2013 Connecticut Sea Grant
Visit Small-Scale Cultchless Oyster Crop Budget Small-Scale Cultchless Oyster Crop Budget General budget guidelines for growers marketing 50,000 - 250,000 oyster per year. 2012 Virginia Institute of Marine Science
Visit Medium-Scale Cultchless Oyster Crop Budget Medium-Scale Cultchless Oyster Crop Budget General budget guidelines for growers marketing 250,000 - 1,000,000 oyster per year. 2012 Virginia Institute of Marine Science
Visit Evaluating the Liquidity/Cash Position of an Aquaculture Business: Using Cash Flow Statements Evaluating the Liquidity/Cash Position of an Aquaculture Business: Using Cash Flow Statements Cash flow problems are one of the most common types of financial problems in aquaculture businesses. This publication, written by Dr. Carole Engle, a specialist in aquaculture economics, addresses the question of whether the business can generate enough cash when needed to pay its bills (liquidity). Liquidity is a fairly broad concept, and a number of financial indicators can be used to measure it. Of these, the cash flow statement is the most useful means of monitoring the liquidity of a business. 2012 Southern Regional Aquaculture Center
Visit Determining the Profitability of an Aquaculture Business: Using Income Statements and Enterprise Budgets Determining the Profitability of an Aquaculture Business: Using Income Statements and Enterprise Budgets The comprehensive financial analysis of aquaculture businesses requires that three key aspects of financial management be evaluated: financial position, profitability, and liquidity/cash flow position. Profitability is the difference between total revenue and total cost. It must be analyzed separately from financial position and liquidity/cash flow. This publication written by Dr. Carole Engle, a specialist in aquaculture economics, discusses profitability as measured from income statements and enterprise budgets. 2012 Southern Regional Aquaculture Center
Visit Assessing the Financial Position of an Aquaculture Business: Using Balance Sheets Assessing the Financial Position of an Aquaculture Business: Using Balance Sheets A critical long-term decision aquaculturists must make is to determine whether the business can generate enough value over time to pay off its debts. The appropriate financial statement for doing this is the balance sheet. The balance sheet is divided into two main categories: assets and liabilities. The balance sheet is structured by dividing assets and liabilities into one of two time periods: current and noncurrent. This publication, written by Dr. Carole Engle, a specialist in aquaculture economics, will help you identify the financial strengths and weaknesses of your business using balance sheets. 2012 Southern Regional Aquaculture Center
Visit Introduction to Financial Management of Aquaculture Businesses Introduction to Financial Management of Aquaculture Businesses Careful financial management is essential for the success of an aquaculture business. While financial management is a complex topic that can be approached from many perspectives, there are some key questions that the manager of an aquaculture business must answer affirmatively to be successful. Determining the answers requires careful, thorough, and comprehensive analysis. This publication, written by Dr. Carole Engle, a specialist in aquaculture economics, outlines the types of analyses and financial statements required to answer these critical questions. 2012 Southern Regional Aquaculture Center
Visit US Farm-Raised Seafood and Food Safety US Farm-Raised Seafood and Food Safety This brochure gives an overview on the public health safety precautions in place in the aquaculture industry including the Hazard Analysis Critical Control Point (HACCP) and the Interstate Shellfish Sanitation Conference (ISSC). 2012 National Aquaculture Association
Visit Best Management Practices for the East Coast Shellfish Aquaculture Industry Best Management Practices for the East Coast Shellfish Aquaculture Industry In depth document created to provide the information and a framework that will enable a shellfish farmer to write a comprehensive Best Management Practices document focusing on gear/operation and maintenance, user conflicts, permitting/siting, and environmental concerns. 2010 East Coast Shellfish Growers Association
Visit Small Scale Marketing Opportunities for Aquaculture Products in the Northeast Small Scale Marketing Opportunities for Aquaculture Products in the Northeast Discusses what marketing is and why it is important including developing a marketing plan, market outlets, and personalizing the products and the business. 2010 Northeastern Regional Aquaculture Center
Visit Harmful Algae and Marine Aquaculture in the Northeastern United States Harmful Algae and Marine Aquaculture in the Northeastern United States Reviews harmful algae blooms including conditions for biotoxin formation, detection, management, and common types of HAB's in the northeast. 2010 Northeastern Regional Aquaculture Center
Visit Best Management Practices Template Best Management Practices Template Use this to create your own farm-specific Best Management Practices (BMP) document use this template, a Microsoft Excel file in macro format. 2010 East Coast Shellfish Growers Association
Visit Intertidal Lentz System Bag Culture of Oysters Intertidal Lentz System Bag Culture of Oysters The intent of the Lentz system is to grow a superior quality oyster while utilizing less labor that will enable significant operation cost reduction and this presentation describes a large trial grow out study of this system. 2010 Alaska Sea Grant