This is the Ugjit Smagnisg Snow Crab vessel, specially built for Listuguj in 2003. It fished two seasons and was dry-docked, as were other snow crab vessels.

With a new Chief, a new Vision (and new money from DFO) we are developing a systematic approach to "Taking Back our Fisheries" and recommissioning the vessels. Of course this takes time and requires diligence and hard work.

As a part of this process, we needed to develop a Business Plan. The best thing about writing the business plan is the opportunity we've had to re-examine and re-evaluate our entire fishery, explore various options available to us and to begin development of a corporate structure. Indeed it has been a challenging writing assignment, as stated in the text on Business Plans - Chapter 6 but well worth the effort. In addition to the what was mentioned in the opening of this paragraph, the business plan will be guiding our business strategy, evaluate the financing and establish operating goals and develop plans. All very essential components in a business plan.

I'm a planner and I'm really enjoying this opportunity to write a business plan. It has definitely hellped me to develop and hone managerial skills, so important for a successful business.

In addition to the tangible positive results of developing the business plan, this process has helped me better understand the industry and to work in a systematic manner to put into action what has been written down on paper.

Chapter 6 was timely chapter to read, it really coincided with my work.