Muckit wrote: » Everytime l see this thread title l keep thinking to myself the simple answer is ..... 'Don't!' Horrid negative though!!
BrianBoru00 wrote: » I look for quality first. that doesn't mean I'll pay a ridiculous price for beef but I don't mind paying more for a premium product. I've bought Aldi and Lidl meat before - (albeit the 'normal' range) and the ended up throwing them out. I also don't mind paying a bit extra to a local butcher for meat from a local farmer. I like the fact that my money is staying local
deSelbyM wrote: » Make sure that you can sell the whole carcass. Restaurants will probably buy sirloin and fillet steaks and not much else. It could be very difficult to find a customer for the rest of the carcass if the premium cuts have already been sold to restaurants. I also think that you're overestimating how much extra people are willing for beef of a certain breed. Most people look at the price first and quality is second place. You have good ideas and you're not afraid of hard work, I'm sure you'll do well. Best of luck with whatever you decide to do.
RoboRat wrote: Beautiful packaging will make you buy a product, a beautiful product will make you buy it again.
Gawddawggonnit wrote: » Absolutely. I’m paying €14.95/kg for ‘homemade’ butter from up the road. He also makes his own sea salt that he uses in the butter. Simply delicious. Terroir.
kowtow wrote: » What you must remember about the farm business you contemplate is that your product is made unique.. and therefore valuable.. not by it's packaging or even by your marketing skills (although both will be essential to tell it's story properly). What makes your product unique is the piece of land it comes from and the care and attention taken to produce it. Anybody with a budget can copy your packaging, or develop an equally attractive brand, but your land is unique. Your job is to make sure your products taste uniquely of your land.
RoboRat wrote: » Haven't asked but I know a Farrier through a friend and he said he would give me a good price to butcher, if the butcher can't. As I said, I would have to plan it out a bit better. I will have to disagree there, it's not the be all and end all but I worked with a company that was struggling and I eventually got them to agree to change their packaging... within 5 months they hit €1 million in sales and have been growing since and there was no change to the product, just the packaging.
RoboRat wrote: I will have to disagree there, it's not the be all and end all but I worked with a company that was struggling and I eventually got them to agree to change their packaging... within 5 months they hit €1 million in sales and have been growing since and there was no change to the product, just the packaging. Another business had very generic packaging and sales were low, when I redeveloped the new packaging, sales increased over ten fold and are still growing, again, no change to the product. Packaging is only one part of the picture, but its an important part, but only if it's done right, especially in tandem with an overall marketing strategy.
Does that butcher kill on a small scale as well? I.e. farm to fork? Or would you have to factory animals and have him bring out and process them? Agreed if you can get a steady chain of farm traceable beef selling through five butchers that would be a good start but have you spoken to the butcher about the level of premium he can return to you and on what parts of the carcass? If you aren't going to handle or sell the beef past the lairage then you won't require any food approvals but you may find that you've discovered an expensive way to give a butcher a small USP. You can try and capture the premium through a food outlet of your own, but you'll either have to buy your own meat back from the butcher or deal with the FSAI... you'll be surprised how strict they are in that respect even for things like eggs, and that's after you have the normal food premises permissions. What I am trying to stress here is that farm supplied food is seen as a definite risk area by regulators here and they don't encourage it!
My own advice would be not to place too much faith in packaging and marketing and concentrate on what makes a truly unique and luxury artisan product worth paying more for. We make some such products here (non food as well) and export all over the world. We are often asked by the press and the business schools to talk about the importance of packaging and nowadays we tell them not to give a damn for it. Make the best product in the world which chimes with the values of customers who are willing to pay up and you can sell it in a brown paper bag...
RoboRat wrote: I have no plans on butchering on site so the FSAI is not an issue in that regard, my wife's friend is a butcher with 5 stores so I would work with him, I would purely be looking after the sales and marketing end. I also have a lot of contacts in high end hotels so I would be looking down that line and basically cutting out the middlemen and going direct with premium local produce.
[Deleted User] wrote: » There are a lot of trade offs involved. Keeping animals ties you to the land somewhat. You say you want to maximise profitability but earlier you say you don't want to commute - it is possible that you can achieve both but what happens if the greatest profit is from continuing to commute? Practically you don't own this land and neither does your wife. Will your father in law be happy with some of his land being planted? Will your wife's sisters be happy with you taking over? Will you pay a rent to your father in law? Depending on who eventually inherits it will you be happy to pay rent to or buy out your wife's sisters? I like the cider idea and the plans to capture the added value from your produce and would be interested to see how it works out. Edit: I think you are not costing your own labour and how scalable some of these activities will be. How will you be running a farm, starting a new cider business, running your existing business and minding children at the same time?
RoboRat wrote: I know that beef is his comfort zone and it will probably be the back bone of the farm but at the same time, I think there are a lot of other avenues that have never been explored that could easily be run in tandem by reducing the herd.
kowtow wrote: » Go for it. You may need to slow down your thinking a little bit and develop a lot of patience! Livestock (mine anyway) love the idea of business plans but mainly as a source of fibre when they run out of baler twine to eat. They will cooperate in your vision but in their own sweet time. On farm infrastructure development.. dairies, breweries etc. does not need to be expensive but it does take a lot longer than just going to the bank and paying up, especially when it must be done alongside all the routine farm work. We're just finishing the upgrade of a milking parlour in which we have been milking all the while... packing up every day to make space for dump buckets is soul destroying especially with everything else the way it is this spring. We also have another business here, quite a well known manufacturing / consumer goods operation. One surprising challenge is the tension between two demanding businesses which both demand time.. both with very different ROI profiles. Most of all... and I mean this is the nicest possible way... be careful not to diminish your Father in Laws traditional farming approach when enthusing about your future plans. I've been at this a few years now and I am constantly, daily, reminded of how unbelievably skilled most traditional farmers are. The range of issues farmers deal with under enormous stress and with life and death consequences leave even the high pressure office jobs in the cheap seats. You are looking at the farm through the prism of profitability, nothing wrong with that, it's admirable - but it's going to take a lot more than profits to make a farmer of you and you may find you have a lot to learn, and a lot of mistakes to make, before you can even begin to think about improving on what you might be lucky enough to start with. Best of luck and definitely go for it.
RoboRat wrote: » We're in the process of building our house just on the edge of the main body of farmland. My business is a sports apparel company and I have built it to the stage where it requires little management - I design the gear, the production is done in Pakistan and all sales are done online; We have outsourced fulfillment that warehouses the stock and manages the deliveries. I only have to manage the stock and look after custom designs and marketing... realistically, I have been holding the brand back as I wasn't able to deal with the demand previously when I was looking after fulfillment too. I also have the fall back of 20 years plus marketing experience and I have been asked to do consultancy work before, so I do have a bit of a safety net there. I don't know if I have an aptitude for farming but my father in law has many times commented on how surprised he is by my work ethic. I would like to add to what the farm does down the line, such as using the old derelict farmhouse as a micro brewery, I think there are lots of opportunities, but it will require a lot of planning and strategy to get it right. I know my father in law likes to work in his comfort zone which is beef, whereas I would be more open to trying new things and looking at stats and markets. I think the best thing to do is to talk to the father in law and perhaps start spending more time up there to get a better feel for the farm but I was interested to see what people thought - is there room for diversity in farming and more importantly, is there a viable income.