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So, as the title states I have a business opportunity.
A little background, I currently produce 7,000 hogs a year. I own the hogs and have contract growers that grow them to market size for me. I am currently looking at financing to put up my own barn to raise them myself.
I also own a post frame building company that is really starting to take off. I am currently booked for 8 months of work for 2014 and 3 months of work in 2015 doing large agricultural buildings. I am looking to expand into a 2nd crew doing smaller residential size buildings.
My dad owns chickens producing eggs. He has been very successful and is now looking to retire.
So, he just approached me the other day and said one of my brothers asked him about getting into the business, and he asked if I am at all interested as well. As I said he has been very successful.
My current thoughts at the moment are primarily to get the building put up for my hogs as I can build a lot of equity there relatively quickly. If I do that I won't have the finances to get into the chickens. My dad say that if I were to invest in the chickens I would probably have to give up the building which wouldn't be for about 2 years. Now, post frame building is very demanding on the body and I didn't see myself doing it past about 40 years old anyway. I could just work for my dad for a few years and wait until the hog barn and myself were in a better financial position to get into chickens.
Sorry, lots of rambling and just had to write it down
A little background, I currently produce 7,000 hogs a year. I own the hogs and have contract growers that grow them to market size for me. I am currently looking at financing to put up my own barn to raise them myself.
I also own a post frame building company that is really starting to take off. I am currently booked for 8 months of work for 2014 and 3 months of work in 2015 doing large agricultural buildings. I am looking to expand into a 2nd crew doing smaller residential size buildings.
My dad owns chickens producing eggs. He has been very successful and is now looking to retire.
So, he just approached me the other day and said one of my brothers asked him about getting into the business, and he asked if I am at all interested as well. As I said he has been very successful.
My current thoughts at the moment are primarily to get the building put up for my hogs as I can build a lot of equity there relatively quickly. If I do that I won't have the finances to get into the chickens. My dad say that if I were to invest in the chickens I would probably have to give up the building which wouldn't be for about 2 years. Now, post frame building is very demanding on the body and I didn't see myself doing it past about 40 years old anyway. I could just work for my dad for a few years and wait until the hog barn and myself were in a better financial position to get into chickens.
Sorry, lots of rambling and just had to write it down
