3 Ways to Profit From Your Homestead

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Homesteady
Published at : 21 Dec 2020
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In this video Accountant Mike and Aust discuss 3 ways to profit from your Homestead.

What is a profit?

Profit : a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.

2 – advantage; benefit.

TO BE PROFITABLE SOMETHING MUST PRODUCE MORE THAN IT CONSUMES

3 Ways to Profit From Your Homestead

Direct Products – lettuce, eggs, milk, cheese, REPLACING WHAT YOUR BUYING
Indirect products – manure, land management, (BUT NOT UNLESS NEEDED, if you don’t NEED manure in your life it’s not brown gold)
Sales – selling excess
How much do you charge above your costs? Accountant Mike suggests a MINIMUM of 10%!

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