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What do you pay a farm manager?
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Posted by 3 cyl on June 12, 2005 at 06:45:05 from (204.8.190.103):
Thinking about hireing a retired man to manage the family farm untill I can retire and do it myself. He will provide labor and expertise. We will provide everything else. I would like to pay him a percentage of gross income. What would be a fair cut for him and us?
It is a 365 acre hill/valley farm with 100 acres of pasture and 265 acres of woods. We have a 30 cow/calf operation. We have pretty well sold off all the currently marketable timber. I have been selling about 25 ranks of firewood per year. His job would be to manage and expand the cow/calf operation, gather the hay, market the remaining timber, and mainly clean the place up. He could take over the firewood operation if he wanted. Any experience/advise you have is appreciated. 3 cyl
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