Making Aquaponics a Business: A Framework

Commercial aquaponics systems remain a challenge independent of the country, fish, plant species, or system design type. Most aquaponics systems are made by hobbyists, with aquaponics not being the main source of income. As such, scholars and practitioners have long debated the real profitability of...

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Autores principales:	Lorena Silva Araújo, Karel J. Keesman, Simon Goddek
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	aquaponics business case framework economic viability guide integrated agri-aquaculture systems Hydraulic engineering TC1-978 Water supply for domestic and industrial purposes TD201-500
Acceso en línea:	https://doaj.org/article/c5f5473a82374dfcb1aa7ecd97d3cafd
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spelling	oai:doaj.org-article:c5f5473a82374dfcb1aa7ecd97d3cafd2021-11-11T19:53:20ZMaking Aquaponics a Business: A Framework10.3390/w132129782073-4441https://doaj.org/article/c5f5473a82374dfcb1aa7ecd97d3cafd2021-10-01T00:00:00Zhttps://www.mdpi.com/2073-4441/13/21/2978https://doaj.org/toc/2073-4441Commercial aquaponics systems remain a challenge independent of the country, fish, plant species, or system design type. Most aquaponics systems are made by hobbyists, with aquaponics not being the main source of income. As such, scholars and practitioners have long debated the real profitability of aquaponics systems. With the growth of the aquaponics industry and commercial businesses, sustainable economic viability is necessary. Recently, considerable literature has been published around the theme of aquaponics systems design but there is a gap in the literature regarding the business aspect of this. Moreover, only by acquiring the enterprise knowledge of planning a business case, obtaining funds, and running and maintaining a business will this industry be able to grow. This paper intends to create a directory of possible considerations to plan for a viable commercial aquaponics system by uniting already established business frameworks and adapting them to the aquaponics industry. This framework proposes a guide to evaluate the economic feasibility of the enterprise depending on the revenues, costs and investments needed for the chosen system within its operations, market, and environment.Lorena Silva AraújoKarel J. KeesmanSimon GoddekMDPI AGarticleaquaponicsbusiness caseframeworkeconomic viabilityguideintegrated agri-aquaculture systemsHydraulic engineeringTC1-978Water supply for domestic and industrial purposesTD201-500ENWater, Vol 13, Iss 2978, p 2978 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	aquaponics business case framework economic viability guide integrated agri-aquaculture systems Hydraulic engineering TC1-978 Water supply for domestic and industrial purposes TD201-500
spellingShingle	aquaponics business case framework economic viability guide integrated agri-aquaculture systems Hydraulic engineering TC1-978 Water supply for domestic and industrial purposes TD201-500 Lorena Silva Araújo Karel J. Keesman Simon Goddek Making Aquaponics a Business: A Framework
description	Commercial aquaponics systems remain a challenge independent of the country, fish, plant species, or system design type. Most aquaponics systems are made by hobbyists, with aquaponics not being the main source of income. As such, scholars and practitioners have long debated the real profitability of aquaponics systems. With the growth of the aquaponics industry and commercial businesses, sustainable economic viability is necessary. Recently, considerable literature has been published around the theme of aquaponics systems design but there is a gap in the literature regarding the business aspect of this. Moreover, only by acquiring the enterprise knowledge of planning a business case, obtaining funds, and running and maintaining a business will this industry be able to grow. This paper intends to create a directory of possible considerations to plan for a viable commercial aquaponics system by uniting already established business frameworks and adapting them to the aquaponics industry. This framework proposes a guide to evaluate the economic feasibility of the enterprise depending on the revenues, costs and investments needed for the chosen system within its operations, market, and environment.
format	article
author	Lorena Silva Araújo Karel J. Keesman Simon Goddek
author_facet	Lorena Silva Araújo Karel J. Keesman Simon Goddek
author_sort	Lorena Silva Araújo
title	Making Aquaponics a Business: A Framework
title_short	Making Aquaponics a Business: A Framework
title_full	Making Aquaponics a Business: A Framework
title_fullStr	Making Aquaponics a Business: A Framework
title_full_unstemmed	Making Aquaponics a Business: A Framework
title_sort	making aquaponics a business: a framework
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/c5f5473a82374dfcb1aa7ecd97d3cafd
work_keys_str_mv	AT lorenasilvaaraujo makingaquaponicsabusinessaframework AT kareljkeesman makingaquaponicsabusinessaframework AT simongoddek makingaquaponicsabusinessaframework
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Making Aquaponics a Business: A Framework

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