I am working on it!
I could not find a book on the subject either so after a little thought, I realized in a lot of ways my wife and I were perfect for writing a book on taking a farm to the next stage. I have a long way to go on it, but last week I had a chance to be the keynote speaker at a dinner with the Maine Department of Agriculture where I got to describe my families long history (1746 to today...10 generations), and summed it up this way, we are still farming, still struggling...but still farming.
We made the plunge to full time farming officially on May 27th 2016 and could not be happier. It can be stressful, I just learned today that a load of
wood destined to go to market won't be trucked until Monday (it is Thursday) meaning another week with no money...at Christmas Season. But we have learned to make due, to get used to poor cash flow, and change habits.
Of late, I feel guilty that I cannot give my 4 daughters more for Christmas, but deep down I know materially things do not matter. They have their mother and I in their lives everyday, and at ages 3, 9,10, and 11...those are precious years.
I guess the biggest surprises for us have been breakdowns. In my sheer stupidity I had never calculated in what would happen when I took equipment that operated on an occasional basis,and put it to full-time use. A lot of it was when I worked full-time at the shipyard, I just had no time to really fix stuff, so I cobbled it together just to get by. Now part of the issue is those short term fixes caught up with me, and part of it is, I have the time to fix it right. Between the two a lot of things have broken, but are being fixed properly.
The lack of cash flow is the next area of surprise, we have adapted, and since I keep meticulous financial records (its my form of diary), I can see where we have really changed our spending habits. You literally can see it on the charts where the personal expenses of life instantly swapped over to the farm side of life, and with it the decisions that must be made. It is frustrating to go to a bank for what I know would be a money-making venture, only to have to try and quantify it with numbers drawn from research. I am a farmer, I don't have time to do a SWAT Analysis on what competition would be on a custom saw-milling business. A year ago I could have walked in, signed a paper and bought a new sawmill on the spot because we are debt-free, have good credit, and had a lucrative job. Bankers can understand that aspect, but take away the lucrative job with a paycheck every week and they get nervous. I understand that, but dislike it when they say, "well the average family has average household expenses of...". Well that is fine, but we are sheep farmers, we have learned to take our biggest expenses and figured out ways to reduce them.
But if you are looking for a magic farm formula, as harsh as this advice might sound, it is to realize that the formula is knowing there is no formula. No matter what
books have been written, or how many you have read, they are based on those peoples farms and even if followed exactly, success is not guaranteed...nor likely...because of individual farm traits. You really have to match the output to the farm.
My suggestion is to make a matrix, just a list of all the types of things you are interested in and all the things that are required to make a farm work. For instance, in my case I would love to grow broccoli commercially. Now we have the soil for it, the climate, and topography, but because we lacked equipment, storage facilities, etc, it was not an ideal fit. What actually fit the best was sheep because of our numerous pastures, cool climate, competition, etc. We did not chose sheep because they are cute and wooly, no they fit the farm perfectly. Yet if my neighbor was to try and replicate what we are doing here, he would fail. So I would lay out an exhaustive matrix, list everything you can think of, then really think about it as you fill it out, Take your time, you are essentially making a farm plan.
My farm plan...people laughed, but it took 9 months to complete, BUT every time I have deviated from that plan, bad things happen and things go awry. But when I stick with the plan, and the goals I set back in 2008 when I took over this farm (part-time from 2008-2016 when we went full-time), things have progressed smoothly. yes it took 9 months, but it has been 8 years of reasonable success...and yes going full-time dovetailed nicely into the time frame I had intended on the farm plan.