558.4K
SMIn order for our farm business to support both of us comfortably, we need to make $100k in profit (EBITDA).
We live in rural BC, where the cost of living is high. We’re 33 and 34, child-free, rent a modest basement suite, and live pretty frugally. We started our farm while already carrying some debt—and then took on more to get things off the ground.
$100k doesn’t actually go that far when we have to cover our living expenses, pay our taxes, service our debt, and have a bit left over to reinvest or save for land.
Here’s how we plan to get there:
• $333k in annual revenue
• 30% profit margin
• = $100k in profit
That breaks down to:
• 111 orders/week
• 3 delivery days with 37 orders each
• An average order value of $60
• For 50 weeks of the year
Will we hit that number this year? Probably not. But we’ll get close. And by next year—our 6th season—we’re confident we will.
Sitting down to write out our financial goals every year is one of the most important things we do. It gives us a roadmap and keeps us motivated when we’re feeling discouraged.
How does your farm approach financial planning? What advice would you give to your younger self?
#RegenerativeFarming #MarketGardening #NoTillFarming #farmtotable #sustainablefarming
@smallscalerebellion
