The Plan

I've spent the past few days trying to conjure up a real business plan. I've had the ideas in my head for years now. Unfortunately, my head cannot be hooked up to a projector. Nothing too elaborate (yet). Naturally, it should be sustainable and a project that gives you confidence with a dash of adventure.

First, geographic location and plot size. My grandparents had a 210 acre farm in Tennessee with plenty of room for growth. After reading about the Homestead Act of 1862 (it was later doubled to 320, then 640), I've decided that 160+ acres is feasible. It leaves room for expansion, land leasing, crop rotation, and different types of farms (tree farm, hunting farm, etc.). It's important to keep an open mind and be adaptable.

Then there's finding 1-3 projects to cultivate in the first 3 years (realistically the first 5 years) of business. I want my plan to consist of one costly investment/risk, and two projects that are safe/generate income. The latter two should be as least stressful as possible, sustainable, and cheap, but not at the expense of quality. Thinking small isn't always a bad thing and I know it'll lead to more creative opportunities farther down the road.

Next, the most difficult task. Everything needs to be put in writing (a business plan), ideas need to be presented to potential business partners (never go in without a presentation), and networking needs to start. Attend networking events! Until I actually got serious about wanting to start my own business, I did not know such a thing existed. Research the law, licenses that need to be obtained, and most importantly, how much money do you need to take care of you.

In the future, I am sure things will be added/omitted as I delve deeper into creating a sustainable, and someday perhaps profitable, homestead. Please feel free to hand out advice, ideas, and share real life experiences! I know right now I'm mostly optimistic with a realistic take on potential snafus, so don't be afraid to give me the ugly truth. I promise it's not enough to crush this dream because no one goes into homesteading/farming without having their hearts in the rights places. I will be adding more to this blog and I am sorry posts are appearing at snail pace. I have been busy seeking employment in law enforcement and share the good news in my next blog.