{"id":572,"date":"2018-06-14T15:55:42","date_gmt":"2018-06-14T15:55:42","guid":{"rendered":"http:\/\/agricultureloan.com\/?p=572"},"modified":"2018-06-09T16:11:38","modified_gmt":"2018-06-09T16:11:38","slug":"generate-profit-farm-business","status":"publish","type":"post","link":"https:\/\/agricultureloan.com\/generate-profit-farm-business\/","title":{"rendered":"How to Generate More Profit from Your Farm Business"},"content":{"rendered":"

Whether you are just starting your farm or you are established and trying to find ways to make more profits, you are not alone. Farming is hard work. Working from sun up to sun down is not unheard of and many farmers still find that they don\u2019t make a profit.<\/p>\n

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Here are some ways to help you get out of that rut and become profitable once again.<\/p>\n

Start as an Intern<\/h2>\n

If you have not started your farm yet, don\u2019t. Instead, become an intern with a successful farmer. What better way is there to learn the ropes than from someone that\u2019s already been there? Pay close attention not only to the orders you are given, but also to how things are done. Look at the crops and note which ones are successful and which are more work than they are worth. Learn the process of management, payroll, and invoicing too. Keep a keen eye on labor, as that is where a majority of a farmer\u2019s profits get eaten up. Finally, don\u2019t get in over your head with investing in high-tech or impressive machinery. Only buy what you need and can afford.<\/p>\n

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Experienced Farmers<\/h2>\n

Once you already own a farm, it\u2019s time to get creative. Maybe the labor ate into your profits or you planted the wrong crops and are seeing diminished profits. No matter the case, you can turn things around with a few simple steps.<\/p>\n