The Business of Farming
/Like all businesses, our farm business faces many challenges. Making our outputs (total income) exceed our inputs (total expenses) on an annual basis is daunting. Farming must always deal with ever different seasonality and weather issues among other factors, which in Missouri, creates a fairly long period between growing seasons without any fresh produce or fruit sales. We are in that long stretch of winter right now, the time every year that can devastate a farm business that needs cash flow to pay the bills. Budgeting is critical of course, but spreading out income streams and generating “off season” sales and cash income is also vitally important to the success and survival of our farm business.
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