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Re: Small acreage profitability
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Posted by Errin OH on January 02, 2005 at 07:01:08 from (205.188.117.7):
In Reply to: Small acreage profitability posted by MeAnthony on January 02, 2005 at 04:07:25:
Depends Paying the taxes is fairly easy - rent it out. Paying for itself is a little harder and will take a tad bit more than conventional farming. Catnip maybe a good start. But what/where is the market. How you gonna get it from point A to point B? You will have to not only mow it, but pick it up, move it, and sell it. A lot of cost in those steps. To make some kinda of real income/profit from that little piece of land, your gonna have to be very creative. That catnip is gonna have to be a good quailty, packaged pretty, tied with a bow, carted to town and sold to people with more dollars than cents. Short version Set a goal. Then locate a market for a product that is in demand. It may or may not be a locally grow product. Chances are it won't be. Then set down and pencile it out. Don't be afraid to think outta the box. I would have never thought that there would be a shrimp farm in Ohio. But just down the road outside New London OH there is.
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