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Starting a Business in Maple Syrup
Has anyone felt uneasy about getting into the maple syrup business? We have a 240 acre farm with a approximately 300 trees that are accessible with a system where we have to pick up sap at two different locations on a vacuum system. We also have another 100 trees further out that might not be cost effective to collect with a vacuum system. Our plan is to invest in more areas to get syrup, but we are on the fence with whether or not this is going to be worth our efforts. I firmly believe that planting trees now would be a good longer term investment that would boost production significantly, but we need to be able to create a sustainable operation for the short time. I think selling the syrup is probably our biggest concern since we are not sure how easy it would be to sell 100-500 gallons of syrup at a profitable price. Anyone have some thoughts on this?
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