Want to make more money on farming?
Some people think farming is not a viable business option as it requires quite a bit of land in the country, an initial investment, and a mindset to work hard. The majority of our population is fonder of a life in the city near all amenities. However, there is of course charm in being out in the open and working with the nature on a farm. Many farmers, although they love the business, struggle to make ends meet with the money they make from their farms. This article looks at a few ways to make your farming business more profitable. Some of the ideas suggested here are region-specific.
1. Make a Guest House in Your Farm
If you have a barn or spare rooms nearby your farm, think about turning them into a bed and breakfast. Many city dwellers would love to get to know the countryside, and they may love staying in a bed and breakfast adjoining a farmland. Although the level of comfort you offer depends on the people you are trying to attract, this is definitely a way to earn some extra cash using your farm.
2. Heliciculture (Snail Farming)
You can turn to snail farming on your farm. On many countries, snail export is an important business. US snail import is worth almost 4.5 million dollars. Heliciculture, hence, can be a great moneymaker for your farm.
3. Grow Mushrooms
You can grow mushrooms in your farm and sell them for medicinal use or to restaurants. This is an easy moneymaker for your farm. Contact your local restaurants and identify the types of mushroom they prefer.
4. Fish Farming
Farming fish could be quite a nice idea for many farmers. You should identify the types of freshwater fish that could be farmed in your land and their habitat requirements. Successful fish farming could make a large amount of extra cash from your farm. You can also try out private fishing lakes if your farmland contains lakes. You could charge for both fishing entertainment and sales.
5. Duel Crops
Identify the possibility of maintaining two crops at the same time in your farmland. For instance, if you are planting tree crops spaced a few feet, in between them you can grow some other crops such as beans or vegetables. For most farmers, this can maximize the income generated per square foot from their land.
Farming as you can see could really make you a sustainable, steady income. You can easily identify ways to maximize the income. When you venture into additional markets, you will get more contacts, which will then help you explore even more opportunities.