Tuesday, March 9, 2010

A view of a cattle raising enthusiast

In this current economy we need to find some ways to earn some extra income at the same time helping others earn as well. That's why we've decided to continue with our investment on backyard cattle raising. Cattle raising is a very good agribusiness alternative since it doesn't take your time away from you. What we normally do is let somebody you trusted take care of the cattle or if you have lots of cattle it can be distributed to any individual who is willing to take the responsibility. As I've said as a cattle owner you know and trust those individuals who will be taking care of your cattle.

For profit sharing this is how it works. If it's a bull the profit sharing would be . . .gross sale less agreed amount of the bull when the time the caretaker took the responsibility, whatever is the remaining amount would be divided into two as a share of the owner and the caretaker.

If it's a cow the profit sharing would be like this, the first born calf would go to the owner then the second calf goes to the caretaker. It's an alternate sharing. If the owner decides to sell the cow then profit sharing scenario of the bull applies to the cow.


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