Being a successful farmer can mean wearing many hats. One of the most important ideas in any business is the concept of diversification. As a farm owner or operator, this may often mean planting more than 1 crop, or operating a mixed farm. This is not the only was for a farmer to diversify, however. Sometimes a little outside the box thinking can result in a lucrative second income stream even for farms that aren’t very diversified. Why not consider using the resources at your disposal to accomplish this goal.
Here are 5 On-Farm extra income ideas:
You know what people from the city love? To visit the country. Why not offer school children or members of the urban population the chance to spend the day at a farm? There are all sorts of things worth paying for: You can sell feed fro children to give to the animals, hay rides, meals, snacks and drinks, trail walks, and many other things.
Compost Waste Disposal
With the increasing importance of waste reduction in urban and suburban areas, why not offer a composting service? For a fee you can allow landscapers to dispose of grass cutting and other organic waste on your land. This can then be composted, and then used as a valuable tool on your farm, or resold back to individuals in need of compost.
Pick Your Own Produce
Why not allow the public to access a part of your crop and pick their own for a fee? This is a popular option for berries, apples, and other fruits.
Bed and Breakfast
That old farm house offers a rustic retreat for people from their busy lives. Many people are willing to pay top dollar for the chance to get way from it all and have a night or two in a rural setting.
The animals on your farm can be the source of income and amusement for visitors, or alternatively take the show on the road and offer a petting zoo at local events and shopping areas.
These are just some ideas for Farmers looking to maximize their on-farm income. If you are looking to expand your farm operations, or establish an on or off farm business Canadian Grants Business Center can help you find funding for your endeavour. Visit our Funding Finder today: http://www.canadiangrantsbusinesscenter.com/funding-finder.html