You could start a custom farm service working fields for certain neighbors - but contact your insurance agent about liability insurance for this type service.
Or you could give free help to the neighbors, but there is a risk to do that also - again, talk to your insurance agent for liability insurance for this type service. A neighbor, maybe your best buddy, will turn on you in a minute if something happens and you don't have insurance. Same goes for renting out equipment to anyone - there is contingent liability that may make the entire business too risky to make a profit and cost a lot of money out of your pocket.
You would be money ahead to take the FSA money and store the equipment that you have no intention of selling. Be very careful and controlled if you do use the equipment off of your farm.
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Today's Featured Article - The Fordson F Ignition System - by Anthony West. A fellow restorer contacted me earlier this year asking for some help and advice on a model F that he was restoring. He had over a period of months spent a fair amount of his hard earned cash on replacement parts for the old "trembler" ignition. Sadly though all his efforts seemed to be a waste of time and money as he still couldn''t get the temperamental old thing to run correctly!! If i said that this was a little frustrating for him that would be "conservative" in fact the problem had reduce
... [Read Article]
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