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New herd... what steps to take to reach desired herd?
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<blockquote data-quote="SRBeef" data-source="post: 954302" data-attributes="member: 7509"><p>Bez and others are much more knowledgeable about cattle than I am. I think the key thing he is saying to you is to stand back and get a full picture and make a plan before plodding ahead.</p><p></p><p>In any business, and cattle can be a business or a hobby - I'm assuming you want to run as a business, you should start with a business plan, not a breeding plan.</p><p></p><p>Define what it is you are going to sell, how much of it are you going to sell, who are you going to sell it to, when are you going to sell it and for what likely price. This will give you a target annual gross income figure to work with along with the timing of that income.</p><p></p><p>I think one of Bez key points is that if you are selling on the rail, high dollar genetics is not necessary. Of course you want good genetics but it doesn't need to be big name and expensive.</p><p></p><p>I think a key point here is your arrangement with the 80 year old sellers. You have to keep their wishes in mind, at least for a start.</p><p></p><p>Another key point is to use a computer program to keep track of everything and also a scale. Weigh the herd as often as possible. Patterns will start to jump out at you that are not really apparent looking at the herd.</p><p></p><p>Best of luck to you and your husband with this opportunity.</p><p></p><p>Jim</p><p></p><p>Then work back from there into</p></blockquote><p></p>
[QUOTE="SRBeef, post: 954302, member: 7509"] Bez and others are much more knowledgeable about cattle than I am. I think the key thing he is saying to you is to stand back and get a full picture and make a plan before plodding ahead. In any business, and cattle can be a business or a hobby - I'm assuming you want to run as a business, you should start with a business plan, not a breeding plan. Define what it is you are going to sell, how much of it are you going to sell, who are you going to sell it to, when are you going to sell it and for what likely price. This will give you a target annual gross income figure to work with along with the timing of that income. I think one of Bez key points is that if you are selling on the rail, high dollar genetics is not necessary. Of course you want good genetics but it doesn't need to be big name and expensive. I think a key point here is your arrangement with the 80 year old sellers. You have to keep their wishes in mind, at least for a start. Another key point is to use a computer program to keep track of everything and also a scale. Weigh the herd as often as possible. Patterns will start to jump out at you that are not really apparent looking at the herd. Best of luck to you and your husband with this opportunity. Jim Then work back from there into [/QUOTE]
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