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Farm Business
Agricultural Matters
Starting from Scratch - Advice Welcomed!
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<blockquote data-quote="Chieftain" data-source="post: 8281153" data-attributes="member: 109632"><p>£130k will soon disappear if you're buying any decent land, breeding stock, and feed, so be aware a loan might be necessary. Would recommend the hog roast business if you're going down this small herd route, can make a lot of money in a short space of time if you do local ag shows, corporate events, weddings ect. Obviously, that will take time to build a name and customer base so you will inevitably lose before you earn and it will take a lot of effort to get to where you need to be. But once you've built a name, then you can look at restaurants and butchers and people will (hopefully) buy your stuff on reputation and you've got a living for yourself.</p><p></p><p>With regards to land, depends a lot on your local area. Smaller plots of land can either be worthless or a fortune depending on who's buying so you'll have to use your own judgment on what is worth what. Definitely better than money in the bank at the moment though.</p></blockquote><p></p>
[QUOTE="Chieftain, post: 8281153, member: 109632"] £130k will soon disappear if you're buying any decent land, breeding stock, and feed, so be aware a loan might be necessary. Would recommend the hog roast business if you're going down this small herd route, can make a lot of money in a short space of time if you do local ag shows, corporate events, weddings ect. Obviously, that will take time to build a name and customer base so you will inevitably lose before you earn and it will take a lot of effort to get to where you need to be. But once you've built a name, then you can look at restaurants and butchers and people will (hopefully) buy your stuff on reputation and you've got a living for yourself. With regards to land, depends a lot on your local area. Smaller plots of land can either be worthless or a fortune depending on who's buying so you'll have to use your own judgment on what is worth what. Definitely better than money in the bank at the moment though. [/QUOTE]
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