Planning and Financing Your Smallholding

There will be a time while you are settling in and doing the essential work when making money will not be high on your list of priorities. But this period must be kept to an absolute minimum. All the time you are not making money you are losing it. Your capital, whether cash or material [...]

Having identified the projects between which your money is to be divided, you must set targets for these projects. Initially these will probably be time scales for setting up and general organisation, but financial targets must also be set. You should aim for a given payback period and then strive to meet that target. You [...]