Paul Doner

@clintwfischer Interesting, and I may have missed it but I don’t see any mortgage interest or property tax. You’re going to need a facility

In 2000 I started helping a local sheep farmer in the summers. He told me a person could consistently make $60,000 a year profit on 1,000 ewes. $60K could just as well been a million dollars to a 14 year old. But, I never got to 1,000 head to test it. Curious, I asked a sheep farmer friend of mine the current economics. He recently sold lambs and sent me some numbers to plug into an enterprise budget. Here's the summary $83K profit to pay for his time. --> Obviously a lot of variables for each operation, but the economics seem feasible. In his situation, he has a small operating line, small equipment loan, and about $25K owed on the ewe flock. He also had hired help of about $15K.