They could be an invaluable resource in helping you transition into business farming. You might also look for a mentor who’s a farmer to whom you can ask questions. See if there are any farming organizations or university outreach programs in your area that can teach you what to expect as an entrepreneurial business farmer. Before transitioning from hobby farming into business farming, educate yourself on the skills you’ll need to run a successful farm and what you’ll need to do for your taxes. There was no pressure when running a hobby farm because it was something you did in your spare time for fun. Running your own business can be an incredibly stressful prospect, especially if it’s supporting your family. The costs to operate your farm or ranch can get pricey, but it’s possible to cut some costs by buying used farm equipment instead of purchasing equipment that’s new. If you’re going to become a farmer, you need to realize that the work you do on the farm will have to cover all your expenses.
When you were farming as a hobby, you had your full-time job to fall back on and cover the cost of supplies and equipment. If so, you’ll need to be aware of a few things before taking the plunge.
#Hobby farm home magazine full#
This small accomplishment might mean you’re ready to grow your farm into a full business. Heck, it’s possible you even have enough produce to sell at a local farmers market.Ĭongratulations - you’ve crossed the threshold of hobby farming and into the agricultural field and can now make a profit from your hard work. Now, you’ve grown enough food to sustain you and your family, and you’re getting to the point where you have enough that you’re more than happy to give some away to friends and extended family. You did it in your spare time, perhaps when you got home from a full-time job at the office, but it’s something you enjoy and are good at. You’ve already spent time growing your own food and raising animals.
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