Individuals living on farms or in rural areas may find that hay baling offers the chance to make a small profit. There is a demand for hay on farms and other producers of livestock.

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Uses of hay include bedding, gardening and as a food for barnyard animals. A farm or access to a pasture are prerequisites to starting a hay-baling business.

In the hay-baling business, revenue creation comes from collecting hay at the end of the harvest. The collection of hay involves using a mower or tractor with an attachment to cut the hay. Drying the hay is an arduous project. The next step is gathering the hay with a baler and storing it.

The baler machinery is adjustable to accommodate a variety of bale sizes. After the baling, hay is stored for further drying and curing.

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Baling hay carries the potential for producing a profit. The first step is to determine who your customers will be and design a marketing plan to target those individuals.

For hay baling, farmers would be the natural target audience. A marketing pitch may center on promoting services to farmers in order to help them save time by using your hay-baling services. Another marketing niche might center on small farmers who may not have access to hay-baling equipment. In order to increase earning potential, hay-baling businesses might also branch out into selling hay as well.

A hay-baling business requires certain tools in addition to the farmland. A tractor is one of the larger and more costly purchases that you will encounter. A hay-baling business also requires a seeder and mower. In order to harvest the hay, you will need a rake specially made for hay, twine to bind the hay and racks to store the hay. Another requirement is a hay baler and a bale euro exchange rate comparison thomas cook. While not necessarily a requirement, an accounting software package is a wise investment to help you run your can you make money baling hay. Before setting up shop, it is can you make money baling hay to do market research in your area to determine the need for hay.

Many farmers produce their own hay and may not be willing to purchase something they already own. Also, determine your customer early. If you are marketing the hay for bedding purposes only, then how and when you harvest the hay does not play as significant a role as it does when used for feed purposes.

When harvesting the hay, timing is critical. If harvested too early, the hay does not dry properly, and if picked too late, it may have quality issues. This means the timing of the promotions for your business are equally critical. Adele Burney started her writing career in when she copy trader binary options a featured writer in "Membership Matters," the magazine for Junior League.

She is a finance manager who brings more than 10 years of accounting and finance experience to her online articles. Burney has a degree in organizational communications and a Master of Business Administration from Rollins College. Skip to main content.

Considerations In the hay-baling business, revenue creation comes from collecting hay at the end of the harvest. Starting a Hay Baling Company Baling hay carries the potential for producing a profit.

Resources Needed A hay-baling business requires certain tools in addition to the farmland. Considerations Before setting up shop, it is best to do market research in your area to determine the need for hay. References 2 Sheep's Creek Farm: Haying FAQ Startup Biz Hub: How to Start a Hay Farming Business.

Small Business Plans for Custom Hay Baling. About the Author Adele Burney started her writing career in when she was a featured writer in "Membership Matters," the magazine for Junior League.

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