#291: The Final Numbers - Part 8: Building Your Farm From Scratch
About this episode
The episode discusses the financial journey of building a farm business from scratch, highlighting sales, expenses, and future goals.
FREE Guide: The month-by-month roadmap to build your farm business from scratch. Grab it HERE A year ago, Hayden didn't even have a farm name. Now she's filing taxes on a profitable business and planning her exit from corporate. Here are the real numbers: roughly $7,000 in gross sales across subscriptions ($1,000), bulk buckets ($800-$1,000), individual bouquets ($1,000), U-pick events ($1,000), a 60-person corporate bouquet workshop ($800), and dried flowers and wreath workshops ($1,000). Expenses came in around $4,500-$5,000 not counting the $10,000+ she spent from grant money on the greenhouse, electric wheelbarrow, and infrastructure that'll last for years. Profit: about $2,000. Her first year. Most farms don't see profit for five. She's raising prices everywhere. Bulk buckets from $60 to $100. Build-your-own bouquets from $20 to $30-$50. Wreath workshops from $50 to $75+. Bouquet workshop events from roughly $50/person to $125-$175/person. She underpriced almost everything Year 1 and she knows it. The Year 2 goal is $30,000, broken into three seasonal buckets: $10,000 in spring flowers, $10,000 in summer bulk sales, and $10,000 in fall/winter dried flowers and workshops…
More episodes of Profitable Mindset
- #298: The Trap That's Keeping Your Farm Scattered, Exhausted, and Broke
- #297: Mindset Traps That are Keeping You Broke, Burned Out, and Buried in Guilt
- #296: How You Built a Trap Instead of a Farm Business (And How to Get Out)
- #295: Real Farmers, Real Results: From Struggling to Sold Out
- #294: How this Flower Farmer Makes over $100K Annually, With Profit (and lunch dates with her husband)
- #293: Mom, Dad, a Daughter-in-Law - and the Marketing Magic that Transformed Their Farm 🌸
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