How to Start a Small Farm
Were you raised in a rural lifestyle? If you have passion when it comes to growing crops and talking care of livestock, then you can have your small farm of your own and make use of it as a means for you to earn big.
In this article, you will know the steps that will make you a successful farmer.
Since you are venturing into a small farm, the amount which you will need for the start-up cost will also be small. One of the main ingredients for your farm to become a successful one is to have dedication and commitment as well. The following are the things which are required of you in starting your small farm: finding the right piece of land to buy, acquiring your start-up capital, registering your farm as business and buying the farm equipments, crop seeds and livestock.
Steps in Starting Your Small Farm
The very first step which you need to take is finding the land to buy. In buying a certain land, you must have several considerations such as its size, soil type and water supply as well. All of these factors will be able to determine the success of your farm. If you would like to focus your attention in growing and producing crops, you must examine well the type of soil. Of course, the climate must also be known for you to know that the crops you will grow will not easily get affected. If you fail to do this, you will be bankrupt in an instant. So, be very careful in choosing your land to own because this is where your foundation in the business begins. If you would like to raise livestock, the water supply is very important in order to maintain the cleanliness of your farm. The price of the land must also be considered so that you can make use of your money wisely especially if you just got it from loan.
Speaking of loans, you will need the help of the National Agricultural Library because it has several lists of institutes that fund small farms, serve as guides for business plan and provide loan programs as well. When you have already acquired money, you can proceed to buying the land, acquiring livestock and crops, feeds, fertilizers and farm equipments such as trailers, combines and tractors.
When you have settled everything, the nest step is to register your business especially if you want to sell goods produced in your farm. This is a very important process since what you are producing is for human consumption. To make sure that no tax evasion will happen, you also need to get your Employer Identification Number from the Internal Revenue Service.
After that, you can already hire workers in your farm. Education is also very important. This will help you on how to manage your farm well in all aspects. So, it would be much better if you attend farming seminars and forums for you to learn new farming techniques.