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Farm Building and Infrastructure
Rural Diversification
Ways you could diversify
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<blockquote data-quote="Chasingmytail" data-source="post: 5493066" data-attributes="member: 21680"><p>Agree nothing new plus a glossy write up far to pretty for farmers - I would up date it with pros and cons. Cost set up whether is high in labour. Little point in diversifying if your business required 3-4 new employees by the time you paid them there is nothing for yourself. Age - come on you dont want to be entering diversification in your 60's when you have never managed people before. Employing people these days is a minefield. Start with spending money on HR manager. </p><p></p><p>Diversification works on the basis that 1. existing labour force, 2. experience. 3. location location 4. demand 5. USP 6. Funds 7. whether there is time to still farm. 8. Personality to spend time with member of the public (thats a special skill) 9. Profit.....endless list really</p><p></p><p>What farmers have is lots of tractors and trailers this is useful for many - moving plant and specialist machinery, moving spoil and construction. Land, buildings.</p><p></p><p>One thing puts me off shepherds huts etc is the return in capital investment is too small. 2. being tired to the farm even more when you need some time off with the children. 3. PEOPLE!</p></blockquote><p></p>
[QUOTE="Chasingmytail, post: 5493066, member: 21680"] Agree nothing new plus a glossy write up far to pretty for farmers - I would up date it with pros and cons. Cost set up whether is high in labour. Little point in diversifying if your business required 3-4 new employees by the time you paid them there is nothing for yourself. Age - come on you dont want to be entering diversification in your 60's when you have never managed people before. Employing people these days is a minefield. Start with spending money on HR manager. Diversification works on the basis that 1. existing labour force, 2. experience. 3. location location 4. demand 5. USP 6. Funds 7. whether there is time to still farm. 8. Personality to spend time with member of the public (thats a special skill) 9. Profit.....endless list really What farmers have is lots of tractors and trailers this is useful for many - moving plant and specialist machinery, moving spoil and construction. Land, buildings. One thing puts me off shepherds huts etc is the return in capital investment is too small. 2. being tired to the farm even more when you need some time off with the children. 3. PEOPLE! [/QUOTE]
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Farm Building and Infrastructure
Rural Diversification
Ways you could diversify
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