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The United States is experiencing an unprecedented shortage of
farmers.
In fact, there’s been a poor farmer
harvest for some years now.
Apparently, there are now more bus
drivers than farmers in the country. That’s a shocking realization
for a country historically built upon agriculture.
Sure, farming is far from dead in the
dirt (there’s still the same old demand for beef there always has
been!). But, the fact of the matter is, the
US could always do with more farms than there currently are.
Which is why it’s awesome you’re
thinking of starting your own farming business! That’s presumably
why you’re here, anyway! We want to help ensure you make your
aspirations come true.
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Looking for some advice on how to
start a successful farm? You’re in the right place.
Keep reading the 9 essential tips for
starting your very own farm business.
1. Have a Plan
You’re about to embark on one epic
journey.
The road ahead won’t be easy; there
will be plenty of ups and downs to come. It would be foolish to jump
into it willy-nilly.
In simple terms, you need a plan of
action.
Planning is a key principle behind any
successful business venture. It’s about looking ahead to where you
want to be and breaking it down. Set yourself milestones with
associated timeframes attached to them.
Look ahead to potential obstacles and
plan accordingly. You don’t want to stumble at the first hurdle.
Planning in advance means you’ve already predicted a certain
challenge. When it arises, you have a plan in place for overcoming
it.
It’s also about assessing the
competition. There’s no point starting a farm if there are ten
others already competing for the same customer! This is a recipe for
failure. Effective planning helps sidestep saturated markets.
Always start your farming journey with
an accurate plan for how you’ll get to the end result you want.
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2. Know Your Market
Planning and market research go hand
in hand.
We already alluded to this in the
previous tip. First off, you don’t want to farm something that
already has a huge amount of competition. Unless you can guarantee a
superior product and are a top marketer, then your farm is far more
likely to struggle.
It’s far better to farm something
that’s in higher demand and has a lack of supply.
Likewise, you absolutely have to know
who you’re farming for in advance.
Essentially, who is your target
customer and where can you find them? It’s no good setting up a farm
that’s 1000 miles from where they are.
It’s your job to know the where, the
who and the how:
• Where will you sell your product?
• Who is going to buy it?
• How will you get it to them
Know these things before you get to
work. It’s about prior preparation. Don’t do it and leave yourself
open to catastrophic failure upon harvesting your goods.
You might consider planning for change
as well. Have backups in place, just in case your primary customer
or marketplace disappears suddenly.
Remember, forecast, expect problems
and plan ahead how to handle them.
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3. Set Realistic Goals
Goal-setting is a major part of this
planning section.
Goals provide honing beacons to work
towards. The milestones you set yourself determine where you’re
heading. The overall task might seem too large to comprehend.
It’s a monster that can be tough to
tackle. Overly daunting, many people get put off before they really
begin.
Breaking it into smaller, achievable
steps makes it feel more achievable. It’s also a major help in
visualizing what you need to do.
Farming might seem like a mystery at
the beginning. Planning inevitably encompasses a level of research.
This can prove enlightening, and provide the necessary insight and
tools to take appropriate action.
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4. Buy Your Land
You might already have available land
at your disposal.
If that’s your position, then skip
ahead to tip number 5.
For everyone else, listen up: to have
a farm, you first need some land to put it on. Mind-blowing stuff,
right?
It’s obviously a vital piece of the
puzzle to think about though. Again, this relates to your plan. Not
all land is the same in terms of farming capability.
There may be irrigation issues.
Depending on where you are in the country, the weather may be a key
consideration too. The soil may be another important thing to think
about.
If you know what you want to farm,
then it’s key to find suitable land. That means it’s of the right
standard and size to make it fit for purpose.
Of course, acquiring land isn’t cheap.
This may take a loan to cover (more on debt-related matters later).
Likewise, got any plans to expand in the future? Make sure there’s
the potential for it wherever you buy your first plot.
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5. Use Your Land Appropriately
We hinted at this in tip number 3.
But it’s definitely worth
re-emphasizing.
Make sure you farm in accordance with
your land’s particular merits. It’s tempting to try and bend land to
our will. We see it as a blank canvas that you can do anything with.
In reality, that isn’t always the
case. The size, location, particular dimensions, fencing,
water-access, soil-quality, and so on, all come into play.
Sometimes, our hands are tied by the land itself.
Take certain animals. You might want
to raise ducks on a strip of greenery. But if they don’t have any
access to a natural water source, it can be a recipe for disaster.
You’d be far better off sticking with cattle or sheep.
6. Farm What You’re Interested in
Okay, the land can play a role in what
you might be able to farm.
But there’s always wiggle room-
especially if you’re buying the land beforehand.
It’s important to farm something you
have a passion in. That doesn’t always align with the most lucrative
option. It’ll sure as hell make your life more enjoyable though.
Hate cows? A cattle farm is never
going to be fun.
It’s worth keeping in mind how
demanding (physically, mentally and emotionally) farming can be. It
takes time, effort, and an enormous investment of work.
It’s far easier to remain motivated
when you value the fruits of your labor. Love poultry? Start a
chicken farm. Love apples? Plant an orchard. Want grapes? Create a
vineyard. Heck, niche right down if needs be- create CBD products
for animals!
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7. Acquire Experience
Experience is the key to a successful
farm.
You can learn all the theory you like.
You can gather as much upfront investment as you need.
Without the requisite hands-on
experience, you’re unlikely to succeed. Gather that experience over
time. You don’t need to be an expert before you start your own farm.
But it definitely pays to know what
you’re getting into. Planning and goal setting becomes more
realistic- they’re based upon knowledge and past trial and error.
Read books, speak with consultants,
visit other farms, work on other farms, and so on. Heck, you could
experiment on your own farm too. You’ll definitely gain experience
anyway. Start small and expect failure. This trial by fire approach
always proves enlightening.
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8. Avoid Debt Where Possible
You don’t need to take on masses of
debt to start a successful farm.
Farming is unpredictable. Loan repayments can be a serious struggle.
They’re always a burden. But for farmers trying to make a success of
their venture, they can prove too much.
Many new farmers try to start too
large and take on too much debt upfront.
It’s usually a better idea to begin at
a smaller scale and slowly build up. This approach has a host of
benefits.
Firstly, the required loan size will
be smaller. Second, there’s less risk involved. Finally, you can
incrementally expand your experience and expertise, without taking
on too much at once.
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9. Market Your Farm Early on
Marketing is central to the success of
any business.
The same holds for farms.
It’s always a good idea to start your
marketing endeavors early. Having a product is great. It’ll be far
easier to sell when you already have a line of interested customers
outside the door.
Setting up an online presence in
advance can be a great first step.
You could
begin a blog or video log where you record the setup process.
You could create content that addresses key farming challenges.
Perhaps you could demonstrate your expertise and knowledge into the
product itself.
Whatever you do, marketing in this way
can develop interest and exposure prior to officially opening. This
outside awareness will be a major boost when you start to sell the
final product.
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Time to Start Your Farm Business
There you have it: 9 key tips for
starting your very own farm business.
Farming has long been on the decline
in the United States. This is sad news for a country with a rich
agricultural history. Simply,
the rise of technology and shifting cultural ideas have equated
to a dwindling supply of farms.
However, the industry is far from
dead! There will always be the need for agriculture, and there’s
always an opportunity for new farmers to start a successful farm
from scratch. All it takes is the right approach!
Hopefully, this post has highlighted
exactly how to make it happen.
Want more outdoorsy articles like
this? Head to the ‘Tips
and
Advices’ section of our blog now!
→
Smart Farming: Agriculture Trends To Watch Out
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