How To Start Making Money off of Your Crops? (Part 1)

Many strive to achieve the American dream of owning a business. 

If you’re looking to become an entrepreneur, then consider that the climate and soil in Harlingen can make growing crops an easy and ideal business to invest in. Many crops thrive in the amazing South Texas climate, potentially creating year-round produce to sell.

If you’re looking for land to start growing crops, then look no further than SRC Land. We provide excellent properties for sale in Harlingen, so you can start the process of becoming a land and business owner. 

Flourish the Perfect Crop and Your Business 

In order to profit off of farming, you need to know which valuable crops to grow and sell.

Microgreens, such as cabbage, beets, and radishes, are exemplary crops to grow in South Texas. These crops don’t require a lot of land and can be very profitable. Plus, they grow fast if you’re looking to secure some quick revenue.  

Of course, microgreens aren’t the only crop you can grow in South Texas. There are plenty of options available to you, depending on your level of experience with farming. However, if you’re a beginner, then you’ll want to educate yourself on the types of crops that grow best in the Rio Grande Valley. The more you know, the easier the process will be. 

You can also check out our guide on what crops are best for beginners. Thankfully, Harlingen’s favorable weather and rich soil gives you plenty of options to choose from.  

When deciding on which crops to grow, you’ll also want to think like a business owner and consider which are in high demand. With help from the community and research beforehand, you can learn what crops are most popular and desirable. 

Build Loyal Clientele Who Will Buy Your Produce 

Building your clientele may take some effort but it will be worth it once you have your steady stream of customers. Growing your customer base might take a little footwork but it can definitely be done.  

We suggest you become a well-known member of your local farming community and reach out to local restaurants, grocery stores, and other business owners with who you think you can develop a reciprocal business relationship. 

You should also attend as many local events and farmers’ markets as you can. Build rapport with people who you frequently see at these events to start the process of building a clientele. Remember to always be welcoming, friendly, and to provide excellent customer service. 

Customers are the answer to having a successful business. Without them, your farm won’t be profitable. 

SRC Land Can Get You Started On Becoming a Successful Business Owner

SRC Land has been helping people achieve their goals of owning land for over 20 years. With our seller-financed properties available, you can make the dream of running your own business a reality. 

Check Out Our Property Listings Now

Your Guide to Starting a Ranch and Making Money on Seller-Financed Property

If you are an aspiring rancher who wants to buy some land to start a ranch, this guide by SRC Land can help you learn how to start this new venture and what needs to be done in order to be profitable!

Our property experts at SRC Land have helped land buyers purchase their properties without traditional lending practices, and with multiple seller-financed properties for sale in Harlingen available to you, be sure to take advantage and let us give you the foundation to build the ranch of your dreams.

Let’s take a look into the seven helpful tips you need to know about starting a profitable ranch!

1. Consider the Location of Seller-Financed Land to Both Build a Ranch and Meet Its Needs

One of the most vital and first steps you should take when considering your ranch business is your location! When you consider your seller-financed land for sale in Harlingen, you must be aware of the following characteristics of the location:

  • Climate: Take the time to research the crops and livestock that will thrive on your ranch based on the local environment.
  • Local Markets: Learn more about the distances of local suppliers, communities, and potential customers for your ranch.
  • Land: Consider the number of acres, topography, natural vegetation, livestock, and water resources before you buy the land for your future ranch.

2. A Business Plan is Crucial to the Success of Your Ranch.

When you own a ranch, you own a business. One of the most important things to consider when owning a ranch is creating a business plan for your property.
A business plan will help you take the steps needed to ensure long-term success. You need to create a budget for equipment and various assets, as well as developing:

  • Your ranch’s sales goals
  • A plan for your day-to-day operations
  • Marketing tools (for your ranch’s brand, website, and more)
  • Financial documents, balance sheets, and cash flow plans
  • A list of tools, equipment, shelter, services, and products you plan to use and offer

3. Calculate Your Costs and Finances for Your Ranch

An essential step in owning a ranch business is taking all your costs and finances into consideration, such as:

  • The costs of employing ranch staff
  • Expenses of the new or rental equipment needed
  • Costs for maintenance and other repairs required for your ranch
  • Costs of essential structures such as a ranch house, barn, pens, fencing, etc.

4. Hire a Certified Public Accountant to Learn More About How to Run Your Commercial Property!
We recommend hiring a certified public accountant (CPA) to give you the proper financial guidance to run your ranch or commercial property alongside your business plan and calculation of costs and finances. A certified public accountant will help you:

  • Handle your taxes
  • Keep track of all your expenses and returns
  • Determine the profitability and growth of your ranch business
  • And more!

We recommend you reach out to a local CPA that has experience helping out ranch businesses grow.

5. Read Up on Commercial Property Regulations
It’s vital to read and learn more about your local, state, and federal rules and regulations regarding livestock, agriculture, and ranching.
Take a look at the following resources before you continue on with your plan:

Reach out to SRC Land today to browse through all of our available seller financed land for sale in Harlingen! Our staff of property experts are happy to help you with any questions you may have! via https://srcland.com/
#SRCLand #SellerFinancedLand #Ranch

6. Learn About Forming Your Legal Entity
When forming any kind of business, it is crucial to register and create your legal entity to help protect you against legal issues. Popular types of legal business entities include:

  • Corporations
  • Partnerships
  • Sole proprietorship
  • Limited Liability Company (LLC)

7. Prepare to Open for Business!
Be sure to employ staff with the necessary skills to complete the jobs needed to run your ranch’s operations successfully. It’s crucial to have a training period before opening up for business to ensure your ranch business is set up for success!

Key points when training all your staff include:

  • Learning day-to-day operations
  • Training them on all the necessary equipment
  • Examining safety protocols required in case of emergencies
  • Reviewing local, state, and federal rules and regulations regarding running a ranch
  • Ensuring all your equipment arrives on time and is thoroughly tested and good to go

Running a Ranch is Possible With Seller-Financed Property for Sale in Harlingen

Beginning your dream ranch is possible with SRC Land. Reach out to us to learn more about our loan servicing options, and be sure to browse through all of the seller-financed properties we have available right now in Harlingen!

Check Out Our Property Listings Now