Tuesday, January 16, 2018
Take it slow when setting up a farm
When you first think about starting a farming business, talk to an accountant before you get too far, to ensure that you maximise the benefits.You may be able to set up a farm with little net cost by offsetting existing income -using cash that would otherwise disappear in tax.
It’s important to think about the type of business you want to run and the scale of the enterprise. If you need to minimise spending, then setting up a small=scale free range egg farm may be ideal. Get as much information as you can and a good starting point is reading the eBook available from Freeranger eggs. Check out our website at www.freeranger.com.au
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