How To Start Your Own Farm

Table of contents:

How To Start Your Own Farm
How To Start Your Own Farm

Video: How To Start Your Own Farm

Video: How To Start Your Own Farm
Video: How to Start a Farm From Scratch (Beginner's Guide to Growing Vegetables for Profit) 2024, March
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Having your own farm is a good way to start your own business for the villagers and the suburbs. And a city dweller can start running this business, which brings good income with the right actions. In addition, by starting a farm, you can help people who prefer natural products without harmful additives. After all, not everyone can satisfy their need thanks to the goods offered in supermarkets.

How to start your own farm
How to start your own farm

Instructions

Step 1

Register an individual entrepreneur. Any farm, even a small family one, whose products will be put up for sale is an instrument of entrepreneurial activity. When doing business, the purpose of which is to obtain profit, it is necessary to pay taxes to the state. To carry out such activities, there must be a mandatory registration. You can, of course, consider other forms of registration of an enterprise, but for small family farms, the easiest way is to work with registration of an individual entrepreneur.

Step 2

Select the type of farm. This question is one of the defining ones when creating a farm. First, you need to decide on the ambitions of your farm. Whether you are going to produce agricultural products for yourself and your neighbors, or are you going to work on a large scale. Another question that needs to be decided for yourself, your farm will specialize in any one activity (growing wheat, potatoes, pigs, chickens, dairy cows), or there will be a little bit of everything. If you choose a specialized farm, then you need to decide what you can better grow in your region, what crops and what animals. In general, you need to come from the general to the particular and already based on this, plan your further farming activities.

Step 3

Make a business plan. Whichever type of farm you choose, you definitely need to do some planning. Calculate your possibilities, find out if you can get any benefits from the state, loans from banks. It is also important to determine the payback period of the venture so that your efforts do not go to waste.

Step 4

Weigh all the risks. You should understand that the costs of a large-scale farm will be significant (10-20 million rubles), it will be difficult to sell directly if you do not have connections in this area (due to the presence of a large number of intermediaries), and wholesalers will buy your goods cheaply. If you plan to have a farm for your own supply and sale of goods to neighbors, friends and acquaintances, in this case you should not dream of any significant profit.

Step 5

Take action. If you nevertheless decided to start your own farm, started an individual entrepreneur, wrote a business plan, then you need to start specific actions. Buy or lease land, store grain, build or purchase ready-made storage facilities. If you are engaged in raising cattle, you need to purchase the necessary equipment, as well as the animals themselves. Do not forget about the hired workers who will need to be registered in accordance with the law. Farming is not an easy undertaking, and success awaits you only if you have a soul for such a business. For your own benefit, you can choose much easier ways of doing business.

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