Have you ever wondered what it is like to be a rancher? Or, maybe you are even planning to become a rancher. Check out these tips for running a successful ranch from RuralOnly.com.
Prioritize Things
A rancher’s priorities are their ranch, obviously, but also the land and livestock. There is a difference between what you need and what you want and as a rancher, and you will learn that very quickly. Luxury items are infrequent and long vacations are hard to come by. After all, you have livestock to tend to.
Repair What You Have
Equipment is expensive. When you are starting out, opt for pre-owned tractors and fix what you can before buying all of the shiny new items. Learning to repair what equipment you have is a great skill to have and will actually help save you money in the long run.
Can’t Go It Alone
A good rancher has a good team. A ranch is a business, and just like any business, you will need an accountant, insurance broker, banker, and even a livestock nutritionist and agronomist. These professionals will help you run your ranch smoothly.
Get the Family Involved
Ranching is time-consuming. Don’t let it take away from your family. Before starting a ranch, talk with your loved ones and check that they are okay with the decision. They may even be interested in helping out.
Make Friends
Columbus, Texas is a tight-knit community. Build a friendship with other ranchers and farmers around town and even across the country for advice and even help when you really need it.
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Save Money
A ranch is at the mercy of Mother Nature. Some years might be great and profitable, while others not so much. Put enough money away to help cover those tough years or months. Be prepared for issues with livestock, dry seasons, and even freezing temperatures.
Take these tips into consideration, and if you are still interested in becoming a rancher, you will knock it out of the park.