Lots of us have dreams about starting our own farming business and enjoying the benefits that it can bring. It allows you to put all of your business skills to the test, be your own boss, set your own hours, and make a profit from something that you love to do. Image credit: Pexels CC0 License Farming is one business that many people dream of going into. However, like all businesses, if you go into it with a lack of funding and no thoughts as to how you are going to finance it, you will not be successful. Some people start their farming business by borrowing the money to get … [Read more...]
3 Financial Tips For Farm Owners
The past few years have been challenging for farm owners, who have been faced with numerous issues that have taken their toll on many farmers’ financial affairs. Farmers have long found themselves facing issues caused by high prices, have experienced difficulties in paying back loans, and the spectre of further interest rate rises - which would make debt repayment all the more complex - continues to loom as we move into the latter half of 2019. Image From: Pixabay (CC0 Licence)While many of the issues farmers are facing are outside of their control (for example, they cannot … [Read more...]
4 Fantastic Ways To Boost Farming Profitability
Are you thinking about tapping into the business side of farming? You might think that it’s impossible to make money in the modern farming industry, but this isn’t the case. Indeed with the right level of land and determination, you can make your fortune through farming or perhaps just add a comfortable amount of cash onto your annual income. You just need to make sure that you are taking the right steps to increase your profitability to the max point. Here are a few options that you can consider here. Image by David Mark from Pixabay Market WellDo make sure that you are taking … [Read more...]
Getting Your Farmstead Ready For Paying Guests
These days, people are looking to get back to their roots--to the land. Some of us are looking to buy and actually live off our land, but others would be content with a simple quick-connection--a visit to a farm or homestead property. If you have a large home or property on land such as this, you might be searching for creative ways to boost the income your homestead provides. Image via Pexels Have you ever considered opening your home to guests? If not, then it may be the perfect time to do so. Two powerful trends are brought together by this action - firstly, the need that most … [Read more...]
Everything You Need To Know About Buying Second-Hand Farm Equipment
Running a farm can be expensive, even when you are trying your hardest to stick to a budget. There are just so many things that you will need to be able to pay every month, including feed for your livestock, possible vets bills, and any maintenance work that is carried out on barns and sheds. Over time, this can all add up. Credit There is one expense that you can try to bring down significantly. And that is the cost of farm equipment. You don’t always have to buy your farm equipment new - in fact, if you did, it would work out as a huge expense. As long as you buy second-hand, you … [Read more...]
3 Income Boosters to Make Your Farm Sing Again
While farming certainly is seasonal work, there is also a lot you can do with it in case you feel like having another challenge. It could mean the difference between a small and a medium-sized farm, after all, or you might be able to grow it into something niche on the side - either way, it will bring in a bit more money than it did before. Image via: Pexels You also have access to a ton of inspiration and great ideas online so don’t let a lack of imagination stop you. Here is a handful of ways to build out your farm and bring in some more money so that your business can prosper and … [Read more...]
Trendy Ways to Turn Your Agricultural Passion Into a Business
The agricultural industry is experiencing somewhat of a renaissance thanks to people wanting to eat healthier through organic foods and fresh ingredients. However, agriculture is far more than just planting vegetables and fruits and eating fresh. There are plenty of emerging trends that’ll help you turn a passion for farming into a unique little agricultural business with a lot of potential for growth.Source 1. Producing jams and jelliesOne of the problems with mass-producing fruits and vegetables is that you’re rarely ever going to sell all of your stock. Much of it will be wasted … [Read more...]
Three Emerging Trends For Small Agribusiness To Jump On Now
If there's one word which always applies to the worlds of agriculture and homesteading, it's flexibility. Learning to adapt to all the curve ball thrown at you - from adverse weather conditions to an income which fluctuates drastically - means that staying agile in your thinking is a critical skill. It can make all the difference between staying afloat or sinking without a trace. Trends in agriculture and food have the potential to make a big impact on the fortunes of a homesteader - and keeping your finger on the pulse means you can weigh up the opportunities and take advantage where … [Read more...]
Your First Steps Towards Running A Small Farm
If you are thinking about running a small farm at your place of residence, now is an exciting time to do so. Homesteading is on the rise in popularity, and making a business out of a homestead is a natural progression for a person desiring to live off their land. In this post, we are going to hopefully make that part of the procedure a little easier, by focusing in particular on a few of the first steps you will need to make if you hope to run your own small farm. Pic Source While there might have been better times in the past to get into the farming business, if you approach it in … [Read more...]