any advice please

blockie

first of all happy new year to one and all and best wishes fo 2013 .paid off my mortgage last week have no borrowings at moment but also out of work for new year have small suckler herd 20 cows lost a few in 2012 but we wont go there /have a bit of money to invest preferably in farming any ideas .ps have no single farm payment

gozunda

blockie wrote: »

first of all happy new year to one and all and best wishes fo 2013 .paid off my mortgage last week have no borrowings at moment but also out of work for new year have small suckler herd 20 cows lost a few in 2012 but we wont go there /have a bit of money to invest preferably in farming any ideas .ps have no single farm payment

What's your land / soil like?
If you have some marginal land - maybe think about planting something like a firewood crop. Something like ash for relatively fast growth and harvesting. Good idea to have second possible income scheme one way or other.

Muckit

Mortgage free..... God that's mine and most lad's dreams!

My advice to you would be to set finding a job, ANY job. This should be your priority.

I don't know your other money commitments, but if you don't have to pay a mortgage you can taylor your life to live on a relatively small wage. So get a job, ANY job if possible. Consider taking on unpaid work experience if you think it will eventually lead to getting paid a few pound.

But farming those numbers without the safety net of SFP is a not a road to start going down

just do it

Muckit wrote: »

Mortgage free..... God that's mine and most lad's dreams!

My advice to you would be to set finding a job, ANY job. This should be your priority.

I don't know your other money commitments, but if you don't have to pay a mortgage you can taylor your life to live on a relatively small wage. So get a job, ANY job if possible. Consider taking on unpaid work experience if you think it will eventually lead to getting paid a few pound.

But farming those numbers without the safety net of SFP is a not a road to start going down

Have to agree completely with this. Drive a van, work in a pub, something social and stress free. It's not good to be out of work for too long. What hobbies/interests have you? Mortgage free, I'm jealous! Before throwing your savings into the farm do a cost benefit analysis. The scope for financial return from the farm is limited. Have you done the energy upgrade on your house? That will provide a very definite cost saving every year and a more comfortable home.

blockie

in the process of pumping cavity and upgrading attic insulation ect ,new front and back door ,will be complete for end jan .currently have 20 weanlings in slatted house 10 of each 60 acres of mixed land reclaiming 10 at moment ,when it dries up ,done 10 last year ,had this notion of opening a good homemade cut chip chipper making burgers from my own heifers growing my own spuds ect and good fish ,have easy access to trawlers (was fishing for 3 years still good friends there)think i would have to go for a city premises any advice ;am i mad ?

Juniorhurler

It sounds like an awful lot of work producing your own food for use in the chipper. It does also sound like a good idea in the right location though. City would be the place for it I would say. Gourmet burgers, if it was close to me I would defo be customer but in smaller towns it may not run unless you could still compete with the lower priced competition.

From your user name you sound like a man that made money during the building boom and didn't squander it on jet skis and the like. I am sure that you have your head screwed on right and will work at whatever you decide if my impression is right. Best of luck, it sounds better than all the lads off the sites about here selling firewood.

blockie

thanks for that, anyone else have any thoughts on it ?

just do it

blockie wrote: »

thanks for that, anyone else have any thoughts on it ?

Find out which are the most popular chippers in the country. And then why. Easier to copy something that works rather than trying to create a niche. For me the chips are key.

20silkcut

It would be easier to just buy the food rather than grow it. I have a friend with a shop/deli. Big margin and no vat on food either. My friends problem is lack of customers in a quiet village. But the margins in fast food are great.

milkprofit

blockie wrote: »

in t
good homemade cut chip chipper making burgers from my own heifers growing my own spuds ect and good fish ,have easy access to trawlers (was fishing for 3 years still good friends there)think i would have to go for a city premises any advice ;am i mad ?

All up market food
not fort the take away outside the pub or club

blockie

anyone else think this could work?

cjpm

If you want to see a great chipper in action at first hand then a visit to KC's Chipper in Cork on a Friday evening at around 6pm is a must!!



http://www.kcandco.ie/

delaval

20silkcut wrote: »

It would be easier to just buy the food rather than grow it. I have a friend with a shop/deli. Big margin and no vat on food either. My friends problem is lack of customers in a quiet village. But the margins in fast food are great.

'no vat on food' correction no vat on certain foods.
Eg. Brown scone 0%
Heated 13.5% with jam 23%
Potatoes 0% chips 13.5% with curry dip 23%
Basically essentials are vat free an changes makes it a luxary good not food (nuts I know)

just do it

cjpm wrote: »

If you want to see a great chipper in action at first hand then a visit to KC's Chipper in Cork on a Friday evening at around 6pm is a must!!



http://www.kcandco.ie/

Bad angel - I'm getting hungry...

Good angel - Must keep the new year's resolution to at least the 2nd of Jan :D

20silkcut

delaval wrote: »

'no vat on food' correction no vat on certain foods.
Eg. Brown scone 0%
Heated 13.5% with jam 23%
Potatoes 0% chips 13.5% with curry dip 23%
Basically essentials are vat free an changes makes it a luxary good not food (nuts I know)

I am nearly sure though if you provide a seating area you can beat all that.


To get back to the op , honestly think you would be better off buying the processed burgers in bulk than killing your own heifers.

Are you a butcher?

Chopping up your own potatoes for chips is probably fine.

I see in my friends shop he has a deep freeze full of food that will keep him going for a month and he didn't spend much more than 200 euro filling it.
That fast food is as cheap as 'chips' ha ha.
The whole thing is customers customers and customers. Better again if your beside a night club.

I don't see much benefit in going the homegrown route on fast food. Fast food customers are not known for their concern regarding where their food came from.

Jack180570

blockie wrote: »

first of all happy new year to one and all and best wishes fo 2013 .paid off my mortgage last week have no borrowings at moment but also out of work for new year have small suckler herd 20 cows lost a few in 2012 but we wont go there /have a bit of money to invest preferably in farming any ideas .ps have no single farm payment

Simple. .. buy some SFP... best investment so long as your land is eligible land.