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Farm Business
Agricultural Matters
Starting a farm from nothing... I mean nothing
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<blockquote data-quote="sheep&amp;cows&amp;stuff" data-source="post: 5117168" data-attributes="member: 43682"><p>I wouldn't look about funding - you will have enough to borrow for throughout the first few years (like a tractor). Try saving first.</p><p></p><p>My costing's painted a bleak picture, and from them it is hard to see how it would ever be viable financially - but don't let that put you off - it will all be worth it eventually.</p><p></p><p>I work full time and have a great career - my main driver for building up is 3 fold :</p><p></p><p>1 ) Its a healthy hobby - keeps me sane and out of the pub</p><p>2 ) I want to retire to full time farming in my 40's</p><p>3 ) I want to have built up something to leave to my children (I am only 25 so don't have of those yet)</p><p></p><p>Another point which I would like to make is probably controversial, but do not be afraid to borrow to buy land. You will never regret it and you will always find a way of paying the mortgage.</p></blockquote><p></p>
[QUOTE="sheep&cows&stuff, post: 5117168, member: 43682"] I wouldn't look about funding - you will have enough to borrow for throughout the first few years (like a tractor). Try saving first. My costing's painted a bleak picture, and from them it is hard to see how it would ever be viable financially - but don't let that put you off - it will all be worth it eventually. I work full time and have a great career - my main driver for building up is 3 fold : 1 ) Its a healthy hobby - keeps me sane and out of the pub 2 ) I want to retire to full time farming in my 40's 3 ) I want to have built up something to leave to my children (I am only 25 so don't have of those yet) Another point which I would like to make is probably controversial, but do not be afraid to borrow to buy land. You will never regret it and you will always find a way of paying the mortgage. [/QUOTE]
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Starting a farm from nothing... I mean nothing
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