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  • From: "breck" <bcarden AT breckinridgegroup.com>
  • To: "'Market Farming'" <market-farming AT lists.ibiblio.org>
  • Subject: Re: [Market-farming] Why do it II
  • Date: Wed, 30 Apr 2008 00:50:50 -0400

You’re exactly correct, controlling taxes is critical to your bottom line.

________________________________________
From: market-farming-bounces AT lists.ibiblio.org
[mailto:market-farming-bounces AT lists.ibiblio.org] On Behalf Of Krystle
Sent: Wednesday, April 30, 2008 12:42 AM
To: Market Farming
Subject: Re: [Market-farming] Why do it II

Regarding the $20/hour requirement...there are a lot of tax benefits that
you can tap into as a savvy farm business owner which could mean that you
earn less than $20/hour but you still have the same amount of discretionary
income in the end as someone who makes $20/hour. Many costs (house, land,
transportation) can be written off as business expenses, saving you money on
taxes, especially if the farm is incorporated. It's very complicated...but
people who run farms with a high net profit know the tax laws and take full
advantage of them.

Krystle
Salem, OR
http://www.selfmadefarmer.com

On Mon, Apr 28, 2008 at 6:05 PM, <sunnfarm AT netscape.com> wrote:
It also helps to have vegetable soils. Sticky clay, rocky hillsides, hard
pan flats, too much shade, and suburban backyards will never make you much
money. The next and equally limiting factor is water, you need a lot of
water to make money growing vegetables. I have the best vegetable land in
the USA. I did not get it by accident. I packed up and moved here for the
purpose of making money growing vegetables. A vegetable farm is like any
career occupation. You get the education and skills then pack up and move to
where ever you can get the best employment opportunities. Don't settle for
uncle Bubba's pasture just because its down the street, you may have to move
50 or 1000 miles. As far as making $20 a hour. I don't think I ever met a
farmer who made that much legally. You make it one year and loose it the
next and average out to minimum wage when its all over... Bob.
Sunny Meadow Farm
Bridgeton, NJ.

--- wshoemak AT inil.com wrote:

From: "Bill Shoemaker" <wshoemak AT inil.com>

To: "Market Farming" <market-farming AT lists.ibiblio.org>
Subject: Re: [Market-farming] Why do it II
Date: Mon, 28 Apr 2008 16:31:04 -0500
While I think it's very difficult to do it, I think it's possible to make a
good living market farming. I know people who do it. But I'm sure
scale-of-operation has something to do with it. I think it's difficult under
20 acres. The larger the scale, the greater efficiencies can be exploited.
Sure, it takes capital to scale up, but it takes scale to get back capital.
Once a grower has a committed, knowledgeable staff who don't mind working
long hours (14-16/day sometimes) those efficiencies develop more
"bang-for-the-buck". I don't think it's for the feint of heart. And I don't
think anyone should do it without putting together a detailed business plan
that's been reviewed by at least two other successful growers. And that plan
should include cost of management, in other words, pay the grower what they
deserve ($20/hr plus).
 
Bill Shoemaker, Sr Research Specialist, Food Crops
University of Illinois - St Charles Horticulture Research Center
www.nres.uiuc.edu/faculty/directory/shoemaker_wh.html
 

 
________________________________________
Netscape.  Just the Net You Need.

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