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<blockquote data-quote="Bez+" data-source="post: 677641" data-attributes="member: 6797"><p>Go back and read my revised initial post - and I am talking about the profit - net / net / net per head.</p><p></p><p>Far too many believe there is money in cattle - and many love to brag about their selling cost - but if your inputs are high you are screwed. And you have left out a pile of those input costs - and there are a lot of outfits in North America that can claim what you want to start at - and they are going broke.</p><p></p><p>How and why are you better and more capable than them (the guys who owe nothing on land and buildings and have been doing it for years) of making it a profitable venture?</p><p></p><p>Feed in drought is a killer - infrastructure and fence repairs - always ongoing - unusual things come up - hurricanes and tornados and hail that wipe out regional areas - political issues that close sale barns - transport costs due to fuel pricing, legal issues, accounting issues, government regulatory changes that YOU pay for and the beat goes on.</p><p></p><p>I have not even mentioned the business costs and insurance costs and advertising costs and personal costs. Plan on spending at least a buck fifty per day per head - year round - and probably when you start out it will be closer to $2.50 per head per day - and many will laugh at me but most of those who beat that daily cost per head are fine tuned - you are not and you WILL have a lot more expenses than you think - place that against your selling price and your dead loss and you will see there is not much margin.</p><p></p><p>I am willing to bet there are people here who can top three bucks a day per head costs to keep an animal - but they would NEVER admit to it as they are hobby folks - you are going into business - where will you be? Do you even have an idea? If not keep your money in your pocket.</p><p></p><p>Do a comprehensive business plan - if you do not know how to do it you are <u>not ready</u> to go into business - learn the facts and the costs and the risks and the personal capability of the business owner - YOU!</p><p></p><p>In fact if you break even on those numbers 50 - 100 - you should be proud of yourself - I figure you to lose about 75 - 123 bucks per head for your first few years - and that might be light under todays circumstance and your start up initiatives. You might not ever make a dollar.</p><p></p><p>I am sounding negative but in fact I am quite realistic - you will go down without outside inputs to help pay for your hobby. </p><p></p><p>A suggestion for you:</p><p></p><p><em>Put your money in the bank - then - put a thousand bucks in a jar and do not use any money other than that money to do the following - buy one open cow and put her in the field - then breed her and maintain her and feed her for one year - then sell the calf - if you get one. Bet you run out of money before you sell that calf.</em></p><p></p><p>Bez+</p></blockquote><p></p>
[QUOTE="Bez+, post: 677641, member: 6797"] Go back and read my revised initial post - and I am talking about the profit - net / net / net per head. Far too many believe there is money in cattle - and many love to brag about their selling cost - but if your inputs are high you are screwed. And you have left out a pile of those input costs - and there are a lot of outfits in North America that can claim what you want to start at - and they are going broke. How and why are you better and more capable than them (the guys who owe nothing on land and buildings and have been doing it for years) of making it a profitable venture? Feed in drought is a killer - infrastructure and fence repairs - always ongoing - unusual things come up - hurricanes and tornados and hail that wipe out regional areas - political issues that close sale barns - transport costs due to fuel pricing, legal issues, accounting issues, government regulatory changes that YOU pay for and the beat goes on. I have not even mentioned the business costs and insurance costs and advertising costs and personal costs. Plan on spending at least a buck fifty per day per head - year round - and probably when you start out it will be closer to $2.50 per head per day - and many will laugh at me but most of those who beat that daily cost per head are fine tuned - you are not and you WILL have a lot more expenses than you think - place that against your selling price and your dead loss and you will see there is not much margin. I am willing to bet there are people here who can top three bucks a day per head costs to keep an animal - but they would NEVER admit to it as they are hobby folks - you are going into business - where will you be? Do you even have an idea? If not keep your money in your pocket. Do a comprehensive business plan - if you do not know how to do it you are [u]not ready[/u] to go into business - learn the facts and the costs and the risks and the personal capability of the business owner - YOU! In fact if you break even on those numbers 50 - 100 - you should be proud of yourself - I figure you to lose about 75 - 123 bucks per head for your first few years - and that might be light under todays circumstance and your start up initiatives. You might not ever make a dollar. I am sounding negative but in fact I am quite realistic - you will go down without outside inputs to help pay for your hobby. A suggestion for you: [i]Put your money in the bank - then - put a thousand bucks in a jar and do not use any money other than that money to do the following - buy one open cow and put her in the field - then breed her and maintain her and feed her for one year - then sell the calf - if you get one. Bet you run out of money before you sell that calf.[/i] Bez+ [/QUOTE]
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