Starting a ranch

greg

Farm Hand
Messages
91
The main inspiration for me is to be able to explore the great outdoors and herd. I am looking at it from a business angle though I have heard that there are low-profit margins here. What approach should I adopt?
 

Henderson

Farm Hand
Messages
101
The main inspiration for me is to be able to explore the great outdoors and herd.
Maybe it's my old age, but those sound like bad reasons to go into ranching. If you aren't sure that's what you want to do, maybe it would help to keep your regular job and start with a small herd. If you keep your overhead low you can turn a tidy profit.
 

RichZ

Bean Stalker
Top Poster Of Month
Messages
281
Henderson is right. Keep your day job and start small. Farming is very risky.
 

RanchHouse

Farm Hand
Messages
40
Whether you are starting a ranch for business or for lifestyle reasons, the size, location, and type are the factors to consider. You should hire a management firm or ranch manager if need be. A great place to start would be searching online and looking for real estate sites.
 

greg

Farm Hand
Messages
91
I don't hear a lot of farmers talk about owning a ranch, so this is quite ambitious of you. What price range are you considering? I have seen some on sale for as little as $400,000, with others costing as high as $20,000,000.
 
 
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