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Monetizing Your Homestead to Market Success

Monetizing Your Homestead to Market Success by Lance Cody-Valdez You’ve got a homestead you can be proud of and have plenty of homemade products that you know people would be willing to buy, ranging from soap to cheese to woodcrafts and more. The only problem is getting your products out on the open market! If you’re looking to monetize your hobby farm, look no further—this guide from The Homestead Village Blog will break down everything you need to know about monetizing your farm’s products from start to finish. Establish Your Business Planning to sell goods means planning to operate a business. It’s important to consider forming your business as an LLC—it reduces your personal liability and provides tax advantages. While this can be costly using the services of an attorney, you can save on cost, time, and paperwork by using a formation service online. Each state has different requirements, so be sure to check them before going forward. Create a Brand Firstly, you need a brand that