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Anything that doesn't fit in the other boards.
- Posts: 1
- Joined: Thu Sep 14, 2017 8:25 pm
Was wondering if anyone has experience of having 2 cattle operations on one farm? As far as costs owed to the owner of the farm that the smaller operation is operating on. Ex: hay, equipment, feed, etc....
- Posts: 2235
- Joined: Thu Sep 06, 2012 9:29 pm
- Location: Nw Alabama
Work out a deal youre both happy with. It is easy to work out hay, feed, minerals, supplements(ie protein tubs). What you may not think about though is figuring out who will do what work and when. Who is going to fix fences. Who is going to put out the hay. Who is going to keep minerals put out or Feed put out. Who will haul the hay in or cut and bale. When you run out who will go get more and haul it in. Who will work on equipment. Will it be a split 50 50 or will one end up doing all the work. Will one person be in charge of making sure the tractors stay full on diesel or will it be empty every time you get on it. Whose equipment will be used. Who will go out and buy a new equipment when yours is done. Will there be hard feelings if one owns the equipment and the other tears something up. If that happens will the drivers fix it or will repairs be split. Lots of things to consider that you may not have thought of.
- Posts: 4121
- Joined: Tue Sep 17, 2013 11:13 am
- Location: Grimes County, TX
Like most partnerships, it sounds like a recipe for disaster.
Life is too short to drink cheap beer or dance with ugly women.
- Posts: 1308
- Joined: Sun Jul 07, 2013 5:05 pm
- Location: Southwest Va
- Has thanked: 16 times
- Been thanked: 10 times
I have always been told a partnership is a sinking ship.