Sooner or later, you will find yourself struggling with a lack of opportunity like stoner clothing brands for success and growth on your farm. This article is designed to help you make the changes necessary in order to build new pathways for success and revitalize your farm. If there’s one thing that can turn a struggling farm around it’s hard work, constant dedication, and persistence. The article will provide a list of eight things that need to be done immediately in order to start turning your farm around.
Immediately do this to your farm. 8 Things:
1. Make Plans
Make plans to give a percentage of your earnings away to charity and others in need. People need help, and if you don’t offer it, others will. They simply need a hand to help them move forward. This is one of the best things you can do for your community, and it will help you to keep an optimistic outlook towards life.
2. Put Numbers In A Spreadsheet
Make a spreadsheet that includes your income, expenses and total income. This will give you the opportunity to see exactly where your money is going each month and help you to work on ways to turn things around for the better. If you haven’t yet, make a spreadsheet that covers your production and expenses. For example, each month, I keep a spreadsheet that shows how much we raise in cash as well as what we spend on materials/supplies. This way I can keep track of every dollar we spend and make plans to cut costs where they exceed what the farm brings in.
3. Understand Your Income Sources & Expenditures
Which income sources qualify as farm income? What is a business expense? Why not track both your farm income AND expenses in a separate list? For example, things like utilities (from home phone to lights), business insurance, farm insurance, etc. are business expenses. Under farm income, things like animals sold, produce sold and so on can be tracked. You should also track money-in-the-bank (pension plan or 401k) as another source of farm income. This way you can see where your dollars are going each month.
4. Make A Plan And Take Action To Improve Your Agriculture Income
You have to constantly ask yourself “how can this place generate more income?” and then take action to make it happen. For example, maybe you have a couple of fields that are producing lower than normal crops and need better field management. Maybe you need to sell a couple of the older cows in order to free up finances for some new heifers or bulls. Maybe you need to start selling some of your more moisture-sensitive crops to raise enough funds for a sprayer. These are things you need to continually ask yourself and take action on.
5. Give Feedback
Give feedback on your production regularly. Don’t leave it to chance that you’ll see an improvement when it’s time to analyze things. Regularly giving feedback allows you to see areas for improvement and makes you better at creating solutions for them.
How do your customers like coming to your farm? How often do they come back? What would make them want to come more often? What can you do better? If there is something wrong, fix it. If there is something that is lacking, add it. The best thing about farming is the people who carry on the family tradition and become successful farmers themselves. Help others become farmers by giving them honest feedback (the good and the bad).
6. Maintain Your Farm Stored Product Storage
One of the best things you can do for your farm is to store your produced products. The longer a crop stays in storage, the better price you will get on it (and by extension, your income). You should have a plan to store as much produce as possible throughout the year so that you can always have something to sell.
7. Choose Carefully
While this may seem like an odd choice, it is important to choose carefully which animals to bring on your farm. For example, you may consider hiring a couple of heavy machinery operators or some local people with experience in agriculture who would be willing to come work for free for a season or two, just in exchange for room and board on the farm. This will give you the manpower needed to take care of all aspects of your farming business.
8. Understand Your Marketing Plan
With all of your farm expenses, you need to know where your money is coming from. The best thing that can happen is to reach out and actually do something with your farm (market). For example, reach out and help others in need by utilizing some of your produce as food donations (as well as monetary donations).
Conclusion:
There you have it! Eight things that need to be done immediately on your farm. The sooner you start, the sooner you will start to see results. If anything, rereading this article just might give you a little inspiration to get your own farm back on track and prosper!
Do this right now.
