NW Call to Action
I am frequently asked, by farmers, if I have connections with any investors who are interested in partnering with a farmer to buy farm ground. Here are some of the difficulties in finding that individual:
Individual investors can have capital at one moment, then be tapped out of cash if they find something else to invest in first.
Individual investors will have different priorities if you need to work with more than one (juggling multiple landlords).
Working 1 v 1 requires you to set and manage expectations.
Often these relationships require high rent to provide the returns necessary for the investor.
Who has control over how you farm the ground?
Who has ownership and how reliable is the relationship for future farm planning? Nearly all partnerships I see with individual investors put the land ownership with the investor.
What if you could have an investor group that:
Has a more reliable source of capital.
Helps establish expectations with you.
Let’s you control how the ground is farmed.
Works within your timelines to buy ground.
Let’s you own the ground.
Fractal Agriculture is one of these options. Good people working with you to help grow the farm and keep it in your name.
Disclaimer: This is not a paid endorsement or recommendation. I like providing options for producers and if you are looking to expand the farm you should know your options.
SW Financial Literacy
Building a Growth Playbook: Know Your Game
WHAT GROWTH PLAYBOOK WORKS TODAY?
There’s no silver bullet answer. Complicating matters even more is understanding how your growth playbook changes depending on your goals, time horizon, and current balance sheet. Just like you shouldn’t make 2010’s investing decisions like it’s the 1980’s, you also shouldn’t make farm purchasing decisions like you are a $75 million net worth businessman if you don’t have the balance sheet to support it.
Let’s take a look at three growth playbooks that change based on a farmer’s situation, goals, and time horizon when buying farms. The trick is identifying how you want to grow.
To access the full article published on April 11, 2024: Fractal Agriculture | Building a Growth Playbook: Know Your Game
Have a great week!
Grant
All views expressed on this site are my own and do not represent the opinions of any entity whatsoever with which I have been, am now, or will be affiliated. Information provided is authentic to the best of my knowledge, and as such, is prone to errors and the absence of key details. The content of this blog is for entertainment and informative purposes and should not be seen as professional advice to finances or any other field.