Coastal Communities, Extension, Fisheries & Aquaculture, News, Uncategorized, Virginia Marine Resource Bulletin, Virginia Marine Resource Bulletin Winter 2013

Aquaculture Enterprise Budgets Help Crunch the Numbers

A new “enterprise budget” for Virginia’s oyster aquaculture industry aims to help lenders and potential aquaculturists better understand what goes into a successful oyster-growing business. The oyster crop budgets consist of a set of spreadsheets that allow users to estimate costs and earnings, along with a manual to help guide users through the spreadsheets. Enterprise budgets are widely used for traditional farm crops to help farmers and their investors make business decisions.