SW So Dakota | Abomb - 6/27/2017 00:44
I've always liked the thought of having a feedmill/feedstore....that is why me and the bank decide no go
The guy that hauls our hogs bought a little one awhile back, he sold it after 7 months. His exact words were I'm not a banker. He said send out close to 100,000 a month and not get paid for 10,000 of it, they would pay but the mystery is when? Might be when they sell beans or calves, and he said it seemed to be the guys driving new pickups and tractors go figure.
That's the thing that would drive me crazy and keep me up nights, accounts receivable. I've told that to some friends who own businesses in town and they agree. I've got a guy right now who owes me for some hay for a couple months now and I think about it all the time. Good luck if you decide to go for it. Credit card idea was a good one. Let them collect. |
On farm feed business, any money to be made?
