Posted by on Jan 22, 2018 in Business | 0 questions

Farming isn’t all about getting down and dirty and it isn’t all about getting into thousands in debt either. It can be fun and it can also open up a lot of new doors when it comes to your life and career. If you are looking to start your own farm but need a little bit of guidance then all you have to do is look below to find out everything you’ve always wanted to know!

Farming and Debt Don’t Always Go Hand in Hand

Farming doesn’t HAVE to be funded by debt. Avoiding debt should be the first thing that you try and do. Even if you have to start out very small, you have to make sure that you do everything you can to avoid going too far into debt because anything could happen. This includes pestilence, infestation and even draught. Debt can be debilitating, even if your farm is running at an average level of productivity. In short, don’t borrow money because you need a tractor, take it slow, do it by hand and progress at a pace that your farm can actually fund. That’s not to say that you can’t borrow at all, but it does mean that you shouldn’t borrow huge amounts.

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Know your Market

It doesn’t matter whether you are going to raise animals or whether you are going to grow your own watermelons, because you have to know if there is a market for your produce. You need to know that you are going to be able to sell your products and if you can’t then you need to look into something else. Figure out who is going to buy your steak, wool or fruit, and find out how you are going to send the products to them as well. When you have done this, you then need to get a backup plan so that if anything goes wrong, you have something you can fall back on.

Let the Land Guide your Decisions

We tend to cater ourselves to meet the needs of our land. We grow certain fruits at certain times and if it is not the right season to grow that produce then you can’t expect to get the best result out of it. For example, if you know that there are a lot of deer and rabbits on the nearby portions of land then you know that you won’t have any problem in raising free-range cattle and sheep. Of course, a hay storage building is a must-have in this instance, so make sure that your farm can accommodate something like this as well. Here are some hay storage buildings to check out if you want to know more.

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If you were to try and raise ducks on land without water however, then this can cause problems for you because your land doesn’t meet the requirements of whatever you are trying to raise. The land that you have should really guide your decision and it should also help you to really benefit from everything that it has to offer. For example, if the land is sandy and dry, it may be more suited to strawberries.

All in all, your land will choose you, and it’s important that you take into account its ideal purpose before you move forward with your decision to make that huge purchase.