So, I inherited a farm just out of nowhere, and i decided to

How to farm. Why the fuck would you start by reading a book on accounting.

my family family was based in farmland before they got older so they have friends who are in the industry.
from the conversations I had with a guy, you need to not be worried to take on debt. you have to manage it and use it for the right purposes and get good rates.
what type of farming are you trying?

>>2009671
Cattle probably. I'm still making up the money to start out the business

>>2009670
A farm is a business, which handles lots of money in a daily basis, accounting is the tool to know where and how is this money moving.

>>2009678

I'm an accountant in a rural area - if you think accounting is the most important part of this you're fucked. What you need to do is build relationships with other farmers, stock agents etc. You want to pick a good bank and get a good bank manager as well because you'll be reaming your overdraft regularly.

I'd sell it desu farmers are worst welfare queens than niggers

>hur dur i need this million dollar equipment and 100k truck

Depends on what you're producing.

>>2009678
You dumb nigger, I suppose your crops and livestock are going to magically grow and raise themselves huh?

>>2009659
Start looking into tax breaks and credits. Farms are the ultimate tax havens, at least presuming you're in America.

>>2009730
>im already working out on the specific knowledge

Even muslims know how to read their magical book, and you cant read the thread.