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Small time cattle operation
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<blockquote data-quote="Txwalt" data-source="post: 473105" data-attributes="member: 5970"><p>It's the capital expenses that can kill a small operation. Tractor, stock trailer, squeeze chute, corals, and a truck or an upgrade of your current truck. Just going from a half ton to a 3/4 quarter ton or two wheel drive to 4 is expensive. The other thing is maximizing your bull to cow ratio if your going the traditional route. One bull with 5 cows vs. one bull with 30 cows. Put pen to paper and figure your expenses and estimated income per year. Make a sheet with worse case scenerios. Then a sheet with a good year. What are you going to do if your sick? Break a leg? You can't call in sick like a regular job. The best advice I can give you is, pencil it out with someone knowledgeable about the business and try to take everything into account and make your decision from there. </p><p></p><p>I asked a co-worker (he is a preacher) who was dabbling in stocks. "Isn't that like gambling". He said "Its no different than ranching" (He grew up on a West TX ranch).</p><p></p><p>I've been ranching for 10 months now. But I've been reading these boards everyday and I have the combined knowledge of thousands of years of ranching experience. ;-) </p><p></p><p>Walt</p></blockquote><p></p>
[QUOTE="Txwalt, post: 473105, member: 5970"] It's the capital expenses that can kill a small operation. Tractor, stock trailer, squeeze chute, corals, and a truck or an upgrade of your current truck. Just going from a half ton to a 3/4 quarter ton or two wheel drive to 4 is expensive. The other thing is maximizing your bull to cow ratio if your going the traditional route. One bull with 5 cows vs. one bull with 30 cows. Put pen to paper and figure your expenses and estimated income per year. Make a sheet with worse case scenerios. Then a sheet with a good year. What are you going to do if your sick? Break a leg? You can't call in sick like a regular job. The best advice I can give you is, pencil it out with someone knowledgeable about the business and try to take everything into account and make your decision from there. I asked a co-worker (he is a preacher) who was dabbling in stocks. "Isn't that like gambling". He said "Its no different than ranching" (He grew up on a West TX ranch). I've been ranching for 10 months now. But I've been reading these boards everyday and I have the combined knowledge of thousands of years of ranching experience. ;-) Walt [/QUOTE]
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