AgLaunch’s Post

Did you know that accounting is often referred to as bean counting? The term "bean counting" is a colloquialism that refers to the meticulous and detailed process of accounting, particularly in the context of tracking and tallying financial transactions. It's a playful way of describing the meticulous nature of accounting tasks, where accountants meticulously count every "bean" or transaction to ensure accuracy in financial records. The origin of the term can be traced back to the traditional use of actual beans (or other small objects) for counting and tallying in ancient times before the advent of written records. Beans were convenient, portable, and easy to manipulate, making them ideal for basic accounting tasks. Over time, as accounting evolved into a more sophisticated practice involving written records and ledgers, the term "bean counting" persisted as a humorous descriptor for the meticulous work of accountants. Today, "bean counting" is often used in a slightly tongue-in-cheek manner to emphasize the detailed and sometimes tedious nature of accounting work. It conveys the idea that accountants are diligently tracking every penny and ensuring financial accuracy, even if it means counting beans metaphorically rather than literally. #restaurant #restaurantowners #restaurantmanagement #restaurantindustry #restaurantmanagers #restaurantowner #cafe #cafes #restaurantbusiness #restaurants #restaurantmanager #ukrestaurants #businessowners #strategy #food #foodandbeverage #smallbusiness #smallbusinessowner #smallbusinessowners #smallbusinesssupport #smallbiz #smallbusinessuk #smallbusinesshelp #smallbusinesses #smallbusinessadvice #smallbusinessaustralia #chef #chefs #restaurantindustry #startup #startups #startupbusiness #startuptips #startupfounders #startupfounder #businessadvice #agriculture #agricultural #farmtotable #farm #farmlife #farmer #farmers #poultry #poultryfarm #poultryfarming #poultryindustry #smallbusinesstips #bigbusiness #business

How to Build a Sustainable Local Foods Business: The Profitable Hobby Farm. Turn your hobby farm into a successful business No experience in farming? No problem! The Profitable Hobby Farm gives you all the tools you need to launch a thriving hobby farm business. Based on the author's expert guidance and the motivating experiences of other small farmers, it shows you how to blend strategy, marketing, and money management in order to prosper. The Profitable Hobby Farm provides sound, friendly start-up advice on a variety of topics essential to making an initial foray into a local foods venture. A must-read book for raising and selling local, sustainable foods Includes sample business plan, grant application, marketing and advertising plan, and other forms Lengthy resources section directs you to additional reading Also by Aubrey: Starting & Running Your Own Small Farm BusinessWhether it's growing heirloom tomatoes, raising free-range chickens for their eggs, or making organic wine or cheese, this book shows you how to turn your hobby into a profit. https://amzn.to/3VL5z8w

I’m gonna teach you a million dollar business lesson in the next 38 seconds. I learned it at the strawberry farm. We drove 40 minutes to the farm. Stood in line. Paid $57. Picked a bunch of strawberries. And headed out. It was 3 hours and a whole lot of leg work. Enjoyed every minute. Now here’s the crazy part. As we drove off, I noticed the other side of the farm. Lots more strawberries. Clearly being picked by professionals. Paid labour. And I just did it for free. No, I actually paid for the privilege. The strawberry farmers figured out how to → trim labour costs (pick it yourself) → repurpose an asset (unpicked strawberries) → make more money (charge extra for the same fruit) Exact same product. Positioned differently. And priced 5X higher. _______ There are so many ways to re-skin your offering and sell it to a new segment. You can actually provide less service and charge more money. Don't think so? You should see the lines at the strawberry farm. #growth #marketing #brand

New Post: How to Start a Butterfly Farm - https://lnkd.in/gkPX4yaA - If you’ve been thinking about how to make money farming, but don’t know how to start farming with no money, becoming a butterfly farmer warrants your consideration. Butterfly farmers can start small, very small. Two of the leading butterfly farmers and experts in the field, Rick and Claudia Mikula of Hazleton, Pennsylvania, didn’t know how to start a farm when they started raising butterflies. They used two screen houses in their backyard. Is it for you? Why You Should Start a Butterfly Farm Starting a butterfly farm can be a rewarding and fulfilling venture, both personally and financially. Not only does it contribute to the conservation of butterfly species, but it also offers various business opportunities. Here are some reasons why you should consider starting a butterfly farm: Contribute to Conservation: Many butterfly species are facing the threat of extinction due to habitat loss and climate change. Starting a butterfly farm contributes to the conservation of these beautiful creatures by providing a controlled environment for their breeding and growth. Educational Opportunities: Butterflies play a crucial role in our ecosystem as pollinators. A butterfly farm can serve as an educational center, teaching people about the importance of butterflies and their role in the environment. Multiple Revenue Streams: Apart from selling butterflies, eggs, caterpillars, and pupae, you can also offer educational tours, workshops, and sell butterfly-related products like butterfly-friendly plants and butterfly kits. Promote Eco-Tourism: Butterfly farms attract nature enthusiasts, photographers, and tourists, promoting eco-tourism in your area. This not only helps your business but also contributes to the local economy. Is Butterfly Farming Profitable? Yes, although that depends on the starting costs and the type of business. A butterfly farm can be a destination business that people visit. Visitors pay a fee to enter the facility. The first established tourism business in the US was Butterfly World, Coconut Creek, Florida, which opened in 1988. Or a butterfly farmer can raise butterflies and sell butterflies. Butterfly sales can be to a butterfly tourism and conservation business, or to the general public. The Mikula’s pioneered the sale of adult butterflies to be released on an occasion, such as a wedding, funeral, or graduation. A business that sells butterflies can earn $100,000 a year. What Do Butterfly Farmers Do? It is fun to raise butterflies and the whole family can be involved. Even with the entire family pitching in, it is very hard work. The areas that house butterflies, in all life stages, need to be cleaned and the butterflies must be fed. For example, caterpillars continually shed their outer skin as they grow, which is cast off and dropped to the bottom of their pen. In addition to feeding and cleaning, as butterflies are raised the farmer must

What Successful Businesses Do? (Gerard Finnan - Sherborne) I was chatting to a client of mine’s retired parents recently. We were having a conversation about the growth and success of the dairy farming business over the years that their son is now running successfully. As an aside, to be successful doesn’t mean relentless expansion, it is getting the business to successfully achieve the aims and objectives of the partners.  To read more, follow the link below: https://lnkd.in/drpCHXns

📣 Heartland RFBC is first out the gate with their Business Builder Grants. If you are a food business or❗️ SHARED KITCHEN ❗️in Arkansas, Iowa, Kansas, Missouri, Nebraska and Omaha apply for $5,000 - $50,000 to grow your business. Eligible project activities include but are not limited to: - Business planning, feasibility studies, preparing loan applications. - Local food aggregation and distribution or food hub development. - Developing brand and marketing materials, including websites. - Market analysis, brokering services, and outreach to potential customers. - Marketing materials and supplies, and attendance at trade shows focused on local or regional markets. - Developing new products, labels, or packaging, including testing new formulations or recipes. - Improving processing, marketing, and distribution. - Legal support for business resilience, market risk management, and growth. - Training in food safety planning compliance for owners and/or employees. - Worker safety improvements, such as training staff, purchasing safety equipment. - Creating or expanding a farm stand, U-Pick, CSA, or other farm-direct sales platform.

For all the entrepreneurial hats a grower might wear these days, there are just as many options toward #financing those endeavors. Learn about some of the unique financing opportunities available to growers: https://lnkd.in/eg2wMmws #agriculture #banking #economics #economicdevelopment #investment #equityinvestment #microfinance #bootstrapping #crowdsourcing #funding Food Finance Institute Andy Larson

I've witnessed many in the agriculture industry wrestle with the fear of underachievement—concerned they're not doing enough to move their operations forward. It’s a common challenge that farmers face when they start treating their farms like an entrepreneurial business. It’s part of the reason why we started @Farmer Coach. Regardless of where you are in your farm business journey, we have created programs to help you reach that next level. In my latest blog, I share how you can decide which program is best for you. https://lnkd.in/dZwnt-Qk #Agriculture #Agribusiness

🚜📚 Check Out This Interesting Read! 📚🚜 If you're curious about the entrepreneurial spirit on Kiwi farms, this thought-provoking article discusses the rise of the side hustle. It's fascinating to see how farmers are diversifying their skills and income streams. Give it a read and share your thoughts! Here's the link to the article: https://lnkd.in/g_WAYqHf Let's support local insights and innovation! 🌱💡 #SideHustle #KiwiFarms

How to Build a Sustainable Local Foods Business: The Profitable Hobby Farm.