Hobby Farming For Beginners: Starting Up A Hobby Farm For Food, Animals & Future Profit
Whether you as a home owner who chose it as a side hassle or take it as a main source of income, farming can be both an easy and challenging activity for most people. It can even get trickier if you’re taking it as a hobby, especially as a beginner who’s trying to manage both a garden and some low maintenance animals in addition to starting up a hobby farm. However, it all depend on whether or not, you are aware of some important factors that determine the success and ease of hobby farming. Among other things, you need to understand the importance of research, starting slow, and getting it right the first time through consulting other hobby farmers. Below are some things you need to grasp about hobby farming for beginners, especially if you’re yet to take up your new hobby or you just got started and are feeling a bit stuck.
Research and consult
The first and most important steps when you’ve decided to start a hobby farm is, of course, deciding what you intend to grow or keep. In other words, it is highly important to have a plan and goal. Very carefully, decide on the crops you want to cultivate in your garden, and the animal’s you want to rear before going ahead. This is where consultation and deep research comes in. you will want to understand some of the challenges to expect when growing certain crops in your garden or rearing the chosen animals. Is the work too involving? Will you have enough free or spare time to cater for your all crops and animals or will you need help in certain situations? To get all this information, be sure to research and talk to other hobby farmers to get ideas and tips before deciding on what to go for.
Most hobby farmers make the mistake of going all-in when starting their hobby farm. Starting small ensures that the chances of you being unable to take care of your projects the best way you can are greatly reduced. Start with one or two projects that you can easily manage. Even though you don’t necessarily have to make your hobby farming a profitable venture, this is also a good way to protect your investment.
Use DIY Where You Can
Another important tip hobby farmers need to grasp is that you can always make huge savings by embracing DIY instead of buying certain fixtures or hiring someone to do them for you. For instance, you can use locally available resources to construct a bird feeder instead of buying finished ones from the hardware store. However, you may also want to stay tabs and request professional help where it is needed. As a matter of fact, a professional may be required to guide you on certain pesticides, fertilizers, foods, and feeds you may need to make your hobby farm a success.
Take It Seriously But Don’t Be Hard On Yourself
Remember that this is a hobby. The definition of a hobby is something that you love doing when you have some spare time in your hands. It shouldn’t be so overwhelming. However, it is also important to bear in mind that you should always be responsible. If you’re keeping hens or goats for instance, or you're growing some green veggies in your garden, these animals will need consistent feeding, watering, and catering for. The crops will also need some inputs such as fertilizers at a certain time of the seasons, watering, mulching, and such other things. Some of these activities may lead to failure if not done appropriately and correctly, so be serious and responsible, but not too hard on yourself.
Seek Help When You Can’t Handle
Another important tip on hobby farming for beginners is to understand that time may not always be there for certain activities, some of which may be crucial to the success of your project, even the survival of your animals. It can always be a good idea to have a person that assists you on such activities whenever the time is not on your side or when things become a bit overwhelming for you.
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Frequently Asked Questions
Q: What is the best hobby farm tractor?
A: Ford 9Ns, Farmall Cubs, and Fordsons are the best tractors of yore to consider for a small farm. The named tractors are active, easily movable, and dependable and they can be easily modified to be suitable for the task presented.
Q: What is considered a hobby farm for tax purposes (USA)?
A: The internal revenue service of the United States disqualifies the small farms when giving tax breaks. The reason behind this is that rich people are using this activity to shelter themselves from taxes. A hobby farm for tax purposes according to the United States is a small farm owned by a generous person who uses it to run away from paying taxes. People are expected to carry out their small farm's activities by the rules given or else they will be termed as small businesses.
Q: What are good hobby farm animals?
A: Small farm animals can range from the basic ones to the exotic ones. While choosing animals to raise on a small farm, it is good to consider those that are cheap and easy to build for example the Pekin Ducks. It is also good to consider those that consume little space like rabbits and chicken. Goats are a better choice too because they produce meat and milk, they are easy to feed, and they help in clearing bushes. Even though the farmer's intention is to take care of the animals for fun, they should be able to produce. The producer should choose healthy animals and those breeds that are not likely to fall ill.
Q: What is considered to be a hobby farm in Australia?
A: It is an activity carried out by people, primarily, not to raise livestock and work on the land, but as a lifestyle. It can range between 10 to 100 hectares, and the owner can do whatever they want with it as long as it meets the codes and it doesn't break the law.
Q: What is considered to be a hobby farm in Canada?
A: It is considered as an activity that is carried by people outside their regular occupations, that is done for relaxation or fun.
Q: When does a hobby farm become a business?
A: A list of indicators have been developed by the Australian Taxation Office to determine if a small farm is a business. They include;
- If the activity is carried on as a business. - If the activity has a purpose. - If the intention is to make profits. - If the activity itself is profitable. - How regular the activity is being carried on. - If the activity is done like a trade. - If the business is carried on systematically. - If there is the existence of a business plan. - If the produce is sold commercially. - If the farmer has skills or knowledge to carry out the activity.
Q: How much is hobby farm insurance?
A: There is always a special farm insurance package for small farm owners that is sold as an addition to the home insurance. The cost and type of the agricultural insurance depend on the things the insurance is supposed to cover. For example;
- The activities carried out. - The size of land. - The location. - Financial history.
Q: Are hobby farm expenses deductible?
A: No, they are not. But in cases where the farmer generates profits, several factors are considered before the expenses are deducted. Firstly, they think who the activity is carried out for example if the farm owner keeps records. Secondly, if the farmer has any expertise in performing the activity. Thirdly, the time and effort the farmer uses on his farm. That is if he works hard so as to generate profits. Fourthly, the amounts of benefits the farmer has ever incurred and lastly, the financial state of the farmer. These among others are considered to determine the profit motive of the producer.
Q: How can one finance a hobby farm?
A: These farms are small, they are self-sustaining and can generate profits. Even with their small size, they require preparation and this training needs financial support for them to be successful. To come up with a sound financial plan, the farmer needs to put down a list of things he or she needs to consider. For example;
- What to plant. - The size of land required. - What fence to use. - Water management plans. - The animals to keep. - Farm equipment needed.
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