How to build the best model farm?

How to build the best model farm?

Step 1: Choose a suitable farm model

The first thing before building an integrated farm model is that you need to choose a farm model that is suitable for the characteristics of your region as well as your business purposes. You can choose some effective farm models such as: VAC; VACR or farm combined with ecotourism.

Step 2: Learn and gain experience in farming

The farm business is that you will own, so you need time to accumulate knowledge and experience about the farm. To do this, before becoming a farm owner, you should work on some farms to gain experience, and at the same time listen to the sharing of the forerunner to learn.

Step 3: Design and plan a farm business

This is the step where you have to form your own business overview. In our opinion, you should draw yourself a draft including the progress of farm construction and business, especially note that the progress in the draft is only relative.

Step 4: Make a specific and detailed business plan

In this step, you need to make an estimate of the types of costs and revenue, the list of employees and the full and appropriate salary and bonus regime for each employee.

In addition, you need to have an overview of the market, supply and demand and activities associated with the farm situation. In particular, the financial planning must be based on the business plan, in order to establish a unified accounting system when conducting farm construction and business.

Step 5: Search for construction contractors and business capital.

In this step, you can use the family's own capital to invest. In addition, you should find yourself more potential investors to increase business capital. In many cases, if you can afford to pay, you can apply for a bank loan.

Once you can secure capital, you can look for contractors to build your farm. You just need to sign a construction contract, the partner will advise and help you complete the design, turn the farm on paper into reality as your desire. Note that, you must consider and carefully calculate the cost for this.

Above are 5 steps for you to choose, design and build your own farm as you like. Hope that with our sharing, it will help you to set up a farm model like that! Thank you for reading our article!