Getting started

As with any new business, starting a small farming business can be a daunting task. The fact that there are different taxation rules that apply specifically to small businesses in the agricultural sector can complicate matters even more.
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 So, you’re thinking about throwing in the towel at your city gig and moving to the country for some peace, quiet and fresh air. A shift  in gear that gives you  time to start work on that novel you’ve always wanted to write, raise some ducks and a cow or two and grow  your own veggies.

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Article as seen in the November edition of Money magazine by Susan Hely.

Questions: What is the smartest way forward financially for us given that Clare will not be working for some time? Should we invest in shares, buy an investment property or focus on paying down the mortgage? What is the best way to buy land, build a house and set up a hobby farm?

Names: Clare and Michael

Status: Married and expecting a baby.

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Anton and Fiona Bombara are seasoned organic growers.
Their organic market garden business in the Peel region of Western Australia has flourished from a part-time enterprise growing only watermelon, tomatoes and capsicum to a full-time busi
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Debbie has put her product development skills to good use to diversify the range of Swan Valley Honey products. She has developed new recipes, confectionery and dressings that are taste tested at shows and the feedback used to fine tune the next new addition to the range.
Products
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Debbie Starr is a talented and experienced chef and also the luminary behind Swan Valley Honey.
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 Leasing land can be a great way to get into agriculture or expand your existing business without the high capital cost of purchasing land. For the    landowner, it can also provide a steady income from land they are not currently farming.

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 Nobody should buy a small farm on a whim. Whatever your reasons for buying a small farm – whether it’s a going to be your retreat, weekender, hobby  farm, conservation or self-sufficiency block, or maybe an investment or a working farm – you shouldn’t make any decisions before considering these  important purchasing tips.

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 “What can I do with my small farm?” is a question I’m regularly asked. My response is usually: Well, what would you like to do and what will your farm  allow you to do? If you are thinking of buying a small farm, you should always have a vision of how you would like your prospective farm to look.

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New Forum Topics

Topic Replies Last post Forum
3034 Partnership Farming/land ownership - some questions before entering in
by Sheffo on Sun, 08/14/2016 - 18:17
5
by barra
Tue, 08/15/2017 - 14:54
General Forum
736 $20,000 turnover off of 44 acres.
by Alex Hughes on Fri, 03/16/2012 - 10:10
1
by charlie
Mon, 03/19/2012 - 13:04
Farming Help
2465 12 acres and contracted water lisence. What to do?
by JT on Sun, 07/19/2015 - 11:59
4
by JT
Wed, 07/22/2015 - 19:53
General Forum
5451 17 year old with a strong passion for agriculture
by James F on Wed, 01/09/2019 - 19:21
0
by James F
Wed, 01/09/2019 - 19:21
New Members
2208 2 yr old Dorper as a pet?
by molly_chick on Sun, 12/07/2014 - 17:33
3
by barb
Fri, 12/12/2014 - 10:11
General Forum
3282 2009/2010 Hay net issues
by kneebiesfam on Fri, 11/17/2017 - 14:05
1
by admin
Fri, 11/17/2017 - 16:01
General Forum
2403 3rd time lucky!
by Kaz on Fri, 05/22/2015 - 18:26
1
by barb
Fri, 05/22/2015 - 20:49
New Members
2461 5 Acres is the place to Be
by Cap on Sat, 07/18/2015 - 08:44
3
by barb
Sun, 07/19/2015 - 08:08
New Members
2618 7 acres of red volcanic soil - what to do with it?
by Susannamc on Sun, 10/11/2015 - 14:18
1
by barb
Sun, 10/11/2015 - 16:40
General Forum
1843 A one-off Income over $20000 - Do I need an ABN?
by [email protected] on Sun, 03/09/2014 - 10:16
1
by charlie
Sun, 03/09/2014 - 22:51
Farming Help
2544 Abattoir experiences and costings
by Black Locust on Sun, 08/23/2015 - 20:13
2
by barb
Mon, 09/07/2015 - 11:20
General Forum
5484 Abattoir options
by summit1966 on Sun, 03/17/2019 - 22:43
0
by summit1966
Mon, 04/01/2019 - 14:33
Butcher meat
1426 ABN number for small farm
by ivan4ilse on Thu, 11/01/2012 - 18:52
3
by ivan4ilse
Tue, 11/20/2012 - 18:52
Farming Help
3812 About to be HobbyFarmers
by HumbugFarmer on Fri, 07/20/2018 - 09:30
1
by admin
Wed, 07/25/2018 - 19:27
New Members
5473 Acreage with a tree plantation
by Dan13L on Mon, 02/18/2019 - 01:43
1
by admin
Tue, 02/26/2019 - 16:30
General Forum
2733 Acres for rent??
by leckie on Wed, 01/27/2016 - 14:18
0
by leckie
Wed, 01/27/2016 - 14:18
Farming Help
2692 Advice on buying a new box trailer - can it transport livestock?
by Black Locust on Wed, 12/30/2015 - 23:01
3
by barb
Thu, 12/31/2015 - 16:39
Farming Help
2375 Advice on paddock agreement
by Kaz on Tue, 04/28/2015 - 07:55
6
by barb
Fri, 05/01/2015 - 12:40
General Forum
3188 Advice on setting up a new commerial aquaponics farm
by Ahsha.k on Sat, 04/01/2017 - 09:16
1
by admin
Tue, 04/04/2017 - 14:28
New Members
2234 Advice on tick control
by maggi on Sun, 01/04/2015 - 08:07
1
by barb
Wed, 01/07/2015 - 00:44
Farming Help

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