List out your expenses and your incomes ifd this were a normal year, project them out 5-10 years, and what items you will need to replace & modernize. Will you be expanding, will you improve your product so it fetches more, etc.
Have a nest egg set aside for when the wheels fall off.ombine had a hyd control segment (2 lb hunk of iron with holes in it) go bad during bean harvest a couple years ago. Cost $2500 to get going again. Not much else to do, like hay, beans you either harvest or watch it devalue rapidly when it's ready to go.....
And that last bit is the trouble you will have with nickle and diming this stuff. Works fine when you are doing your own 5 acres and having fun; but when you have real money invested, and others depending on you to get the job donre, your old stuff is gonna let you down and let them down and someone is going to lose money.
So you gotta get your ducks in a row whebn you start renting or custom farming for others. The costs build up real quick.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Farmall 460: That's My Girl - by LeAnn R. Ralph. How many sounds can you think of that are as familiar to you as your own breathing? What about the hum of your refrigerator? Or the thump of your clothes dryer? Maybe the engine of your car? You hear those sounds every day, and you don't think much about them, do you. I can think of a few common, ordinary sounds in my daily life, too.
... [Read Article]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.