Knowing how to manage your farm can make the difference between success and failure. The first step to developing a management plan is to define your goals. For some farms the primary goals will not be monetary, but even for those farms it is important to define your financial parameters. Even if the farm won’t be your primary income source you probably don’t want it to lose money.
There are a number of resources to help you begin the planning process, from a simple 1-page set of questions (Planning your Rural Property) to more extensive resources that guide you through a full farm plan.
Risk and Safety
Marketing, Sales and Advertising
- Enterprise Budgets for 2011
Hiring custom labor
Insurance and Liability