If you're working 60 hours a week making pretty good money, and your wife makes almost as much as you, and you can't afford to put up a shop I have to think you're living a bit beyond your means.
I don't know much about farming, but I do know you're not going to make much off of 154 acres. I agree with those that said to rent out the land.
Starting one business is hard enough. Don't try to start two.
Unless you downright hate your job, I can't imagine anyone quitting a 60 hour a week job that pays good to start their own business in this lousy economy. But hey, we all have dreams. If you really want to start a shop start cutting your living expenses so you can live off your wife's income while you get started. Sock some money away so you don't bury yourself in debt to start your business. Before you build a shop on the farm make sure you won't have zoning issues. Its one thing to work on your own equipment on the farm, but another thing to work on customer's equipment there.
Have you considered what running your own business really entails? You may think it's about doing mechanical work. That's just the tip of the iceburg. You'll spend way more time talking to suppliers, insurance agents, billing, paying bills, cleaning the shop, maintaining shop equipment, recruiting customers, etc than you can possibly imagine. You will be a businessman not a mechanic. If you have much success you'll need to hire mechanics and concentrate more on the "business" side of things.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
... [Read Article]
Latest Ad:
2022 John Deere 5045E, 4wd, front end loader and 3rd function with grapple. 120 hrs, 55k new, must sell
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
