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<blockquote data-quote="ImLost" data-source="post: 9243880" data-attributes="member: 57170"><p>So to resurrect this thread - on a year to year basis, this opportunity stacks up well and would be a profitable enterprise. </p><p></p><p>Where I'm stuck is the bit that others have pointed out would be a challenge, and what I kind of knew already - cashflow/repaying capital.</p><p></p><p>So the owner of the farm has said I can buy whichever of his cattle I want, and he will sell the rest.</p><p></p><p>Originally I was only considering buying his circa 65 breeding cows that are in calf and/or have calves at foot.</p><p></p><p>But he has stores of varying ages, from 9 month old weanlings to strong stores ready to be fattened.</p><p></p><p>He is also open to spreading the cost of the cattle over 2 years (extremely decent!) as it would help him get out sooner and enjoy life.</p><p></p><p>Even with trickling the stores out to cover costs until production is at full capacity, there is going to be some tight spots in cash flow.</p><p></p><p>I have considered other things to supplement the venture, like poultry, but this would also need cash to start with.</p><p></p><p>Have even considered taking some cattle on contract on the ground I currently rent, but wouldn't see the return on this until October when the cattle leave.</p><p></p><p>Unless anyone wants to send a couple of hundred head of youngstock/bulling heifers over for the summer, sensible rates charged if you pay monthly to help me out.</p><p></p><p>Anything else I should consider? I still have a full time job, but any pay is generally tied up in the business or will be going towards a new house mortgage. I would rather the venture stood on it's own two feet.</p></blockquote><p></p>
[QUOTE="ImLost, post: 9243880, member: 57170"] So to resurrect this thread - on a year to year basis, this opportunity stacks up well and would be a profitable enterprise. Where I'm stuck is the bit that others have pointed out would be a challenge, and what I kind of knew already - cashflow/repaying capital. So the owner of the farm has said I can buy whichever of his cattle I want, and he will sell the rest. Originally I was only considering buying his circa 65 breeding cows that are in calf and/or have calves at foot. But he has stores of varying ages, from 9 month old weanlings to strong stores ready to be fattened. He is also open to spreading the cost of the cattle over 2 years (extremely decent!) as it would help him get out sooner and enjoy life. Even with trickling the stores out to cover costs until production is at full capacity, there is going to be some tight spots in cash flow. I have considered other things to supplement the venture, like poultry, but this would also need cash to start with. Have even considered taking some cattle on contract on the ground I currently rent, but wouldn't see the return on this until October when the cattle leave. Unless anyone wants to send a couple of hundred head of youngstock/bulling heifers over for the summer, sensible rates charged if you pay monthly to help me out. Anything else I should consider? I still have a full time job, but any pay is generally tied up in the business or will be going towards a new house mortgage. I would rather the venture stood on it's own two feet. [/QUOTE]
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