If you’re looking to start a new business over the next few months, we believe you should seriously consider getting involved with agriculture. Sure, this industry isn’t for everyone, but there are many benefits to operating within its pastures. Over the last couple of years, the farming business has been booming once again. That should be music to the ears of anyone who’s steered clear since the BSE crisis of the 1990s. A significant amount of farmers lost everything they had back then, and that meant many of them had to declare themselves bankrupt. While there is always going to be a chance of something like that happening again in the future, the likelihood is pretty slim. More precautions are taken these days to ensure the spread of disease is contained before it gets to that stage.
You’re going to need a lot of cash to purchase a farm. Either that or you’re going to require a pretty understanding bank manager. Even so, it is entirely possible for you to make a huge profit in your first couple of years if you dedicate yourself to the business. Getting up at 5am to feed the chickens might not seem so bad when the weather is good. However, the men are sorted from the boys during the winter months.
Reason #1: Working for yourself
This is a general reason that applied to anyone who starts their own business. Working for yourself means you are free to plan your day. It also means you don’t have to put up with complaints or criticisms from management-type folks. Even so, working for yourself requires a lot of motivation if you want to make a profit. Money is not going to fall into your lap, and so you’ll need to work very hard to put food on the table. In any other industry, being your own boss would mean you could take days off for impromptu holidays whenever you felt like it. However, you’ll constantly need to be around to look after your crops and livestock.
Reason #2: Living off the land
It is incredibly difficult to live in a self-sufficient manner these days. Indeed, only farmers can do that most of the time. As you will have so much land, you can purchase solar panels or even a windmill to power your home. Your crops and animals will provide all the milk and foodstuffs your family requires. Just make sure you purchase a large enough freezer, as keeping whole sides of cow can mean you run out of space pretty quickly. Funding can be an issue, but there are lots of options available to you.
Reason #3: Green living
Getting your power from renewable energy sources and living off the land means you will be doing your bit for the environment. Sure, your tractors and other machinery will use petrol or diesel, but you’ll still reduce your oil intake considerably. Autotrader Farm and similar websites are the best places to look if you haven’t got a lot of cash to spend on farming equipment. Just make sure you buy machines with the smallest-possible engine sizes. If you only have a few acres of land, there is no need to buy a tractor that uses enough fuel to power a Bugatti Veyron on a round the world trip.
Reason #4: Healthy food for your community
In a world where supermarkets are on every corner, and we’re drowning in a sea of processed meat, most people are on the lookout for organic alternatives. Starting an agricultural business could mean you help people in your local area to eat healthier foods. By opening a shop on your farm, you could sell directly to the public without too many overheads. Some farmers do win contracts with large-scale food suppliers, but their meat never makes it onto the shelves without being tampered with in some way. You could provide people with a fresh and natural alternative to the rubbish they’re getting from Tesco and ASDA. At the end of the day, the public are more than willing to pay a little extra for quality food.
Reason #5: Leaving something for your children
As it stands, your children will have no option but make their way in the world once they leave full-time education. Wouldn’t it be nice to have a business waiting for them should they decide to keep up with the family tradition? Most people would agree that having a career ready for you when leaving school is much better than taking low-paid employment solutions like so many others do. Starting your farming business now could mean your children have some direction when the time comes to start working.
Reason #6: You could become rich
While you should never take on any business idea for the money alone, high profits could mean that your family becomes very rich from farming. When all’s said and done, land is very expensive, and it’s constantly increasing in price. That means you could make hundreds of thousands of pounds by simply holding onto your farm for ten to twenty years. Also, you can make significant profits by providing premium goods. While the best livestock in the country is going to cost a lot of money at auction, the investment will seem worthwhile when the time comes to sell your meat. You could try cultivating fungi like truffles too. That can be very difficult, but highly rewarding.
As you can clearly see, there are many good reasons you should start a business in agriculture in the near future. At the end of the day, farming has been around for thousands of years, and that doesn’t look set to change anytime soon. With methods may have altered over time, it has always been possible to make a good living from this industry.
If you need more information or advice about farming, there are plenty of articles available online. Alternatively, you could just knock on some doors and take your guidance straight from the horse’s mouth so to speak.