Texas Ranching: How to Turn It into a Cash Cow

27Jul 2019年

The great state of Texas is known for many things like oil, the Dallas Cowboys, and ranching.

If you’ve been dreaming of starting your own foray into the world of ranching, there are a few things you should know so you can turn your dream into a cash cow.

This helpful guide will give you some tips on how you can become a rancher in Texas, so read on to learn more about the many nuances of the ranching lifestyle.

Remember that Ranching Is a Business

Before you head out to buy some land, fencing, and animals, keep in mind that the niche of ranching is a business. You’ll need to create a thorough business plan in advance so you can be prepared for whatever comes your way.

Draft a good summary of your business concept along with the types of products or services you plan to sell. Create an actionable marketing and sales plan for your ranch and keep your chosen location in mind.

You’ll also need a good operations plan that includes the cost of overhead and operations. Maintaining a ranch is hard work, so prepare to spend a good amount of money up front to get things started.

It’s always prudent to hire a professional accountant who understands the business of ranching. They can help you get finances in order and then work with you along the way to ensure you’re on the right track.

Finally, make sure that you’re following the correct rules and regulations for the state of Texas. These laws could vary by city or county, and there are likely some federal rules involved, as well.

Stake Your Claim

Once you’ve decided to dive into the career of ranching, it’s time to look for land. Depending on your budget and the number of animals you plan to have, you’ll need to make sure you get adequate acreage.

Finding the right property can be tricky, so make sure you’re close to things like veterinarians, markets, suppliers, and more. Take a close look at the topography, layout, and health of the land.

Since you’ll be working with animals, you want to ensure that your land is fertile and provides plenty of grass for grazing. Research the climate and the average temperature and precipitation levels for your area.

检查土壤以确保它适合农业。当然，您还需要了解土地上是否已经有房屋。如果没有，您可能需要从您的房子上建立一个新的人或通勤到牧场。

与农业背景的一些信誉良好的房地产经纪人交谈。他们应该了解市场，并能够帮助您寻找符合您索赔的理想点。

Don’t be afraid to reach out to other local ranchers in the area. They can be a wealth of information and give you advice about the land and part of Texas you’re interested in. You canlearn moreabout the available property online to help you get an idea of pricing, size, and more.

Get Financing, Equipment, and Staff

After you’ve picked out the perfect property and you’re ready tostart your adventure, it’s time to secure financing. Draft an estimated plan that includes all of the costs you think you’ll incur in order to get started.

These costs will include the price of the land, any improvement costs such as barns and a house, fencing, silos, and storage. You’ll also need to factor the cost of equipment and staff.

After you have financing in place, you can begin looking for equipment. You don’t necessarily have to pay for your equipment upfront, there are many options available for leasing equipment, too.

Most ranches cannot be managed by one person alone. Consider hiring some staff to help you with your day-to-day operations. It’s preferable that you find someone with prior ranching experience whenever possible.

Determine how many people you’ll need for full and part-time positions. Come up with a reasonable pay rate, and then advertise online and with your local newspaper and other job posting services.

Be clear about the duties of your employees and what you expect from them. Giving this information upfront will ensure you have qualified candidates, and that they fully understand the demands of the job.

开始操作

通过融资，土地和必需品，您可以开始启动您的牧场业务。可能会有一些审判和错误，但努力工作和投资值得努力。

Texas ranching can be a lucrative business as long as you plan ahead. Reach out to other farmers and ranchers for advice and questions so you get the answers you need. Be sure you do everything in the most environmentally friendly way as possible.

Over time, your ranch should begin to grow and you’ll start to see a profit. There’s no state quite like Texas to enjoy the many benefits that ranching provides.