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MYT Farms

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Joined
Oct 28, 2008
Messages
1,061
Location
Peyton CO
For all those fed up with my bull and breeding questions on the Steer Planet:

I have actually come to a final decision for the last time.  ;D And I mean it. I will NOT be getting any kind of club calf semen and will only be breeding Angus and Angus Hybrid cattle. My Angus will be almost completely OCC, PCC, and DDA genetics. I might have some other bloodlines mixed in here and there, but that's what I know can work in the show ring and perform in a harsh, commercial environment. My hybrid cattle will mostly be crossed with Hereford and some Shorthorn. If my customer base demands otherwise, I will consider using "Continental" breeds of cattle. However, there are many bulls that offer excellent growth outcrosses inside the Angus, Hereford, and Shorthorn breeds, so I am going to try and stick with them. Now, here comes the part I need to work on the most: cattle numbers and a customer base. My herd has been slowly building to the point where I have 7 head of cows to breed this spring. As of right now, I only have a bull and a heifer for sale. However, I would like some of you to look me up this fall if you are interested in real world, moderate, maternal genetics with showring potential. I'll have some bred females and a few weanling calves for sale. I will also have a spring born bull for sale this fall. If any of you would be willing to spread the word around and give a 15 year old kid a hand, I'd be greatly appreciative. Once again, thanks for taking the time to read this and for all the encouragement I've gotten.

Thanks again,
Cade Christensen
MYT Farms
 

MYT Farms

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Joined
Oct 28, 2008
Messages
1,061
Location
Peyton CO
Thanks red. Hopefully this year I will be able to purchase some very nice females. I hope to have a great herd base laid by the time I turn 18.
 

MYT Farms

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Joined
Oct 28, 2008
Messages
1,061
Location
Peyton CO
For a while now, most of you know I've been "operating" under the name of MYT Farms. However, after looking at being a Co., an Inc., and a LLC., I think LLC will best serve my needs as a company. Now, how do I go about registering the name "MYT Farms, LLC"? What are the costs? Is there an age limit? Thanks to all.

 

GoWyo

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Joined
Nov 29, 2008
Messages
1,691
Location
Wyoming
MYT --  You can do it yourself by checking out your secretary of state website for the requirements to form a company.  Most states require filing articles of organization for LLCs.  You will also need to visit with an accountant to get you set up with an employer identification number (you can do that yourself off the IRS website) and then you will have to file annual tax returns (need an accountant for that too).  You will need to consider all of these additional costs.  I recall seeing that you are 15 years old, which could present legal issues because you need a parent or guardian to sign on your contracts.  Think about the costs and paperwork before opting to form a company.
 

MYT Farms

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Joined
Oct 28, 2008
Messages
1,061
Location
Peyton CO
GoWyo said:
MYT --  You can do it yourself by checking out your secretary of state website for the requirements to form a company.  Most states require filing articles of organization for LLCs.  You will also need to visit with an accountant to get you set up with an employer identification number (you can do that yourself off the IRS website) and then you will have to file annual tax returns (need an accountant for that too).  You will need to consider all of these additional costs.  I recall seeing that you are 15 years old, which could present legal issues because you need a parent or guardian to sign on your contracts.  Think about the costs and paperwork before opting to form a company.

OK, thanks GoWyo. That's something I need to consider for sure.....,.
 

CAB

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Joined
Mar 5, 2007
Messages
5,607
Location
Corning,Iowa
  Good luck Cade. You're seem to be very intelligent and ambitious. You'll do just fine. It's way too early to shut the bull list down for this year's breeding. Fill the tank up like the rest of us idiots. Brent
 

box6rranch

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Joined
Dec 11, 2008
Messages
604
Location
Larkspur, CO
You left us all hanging!!!! So what bulls are you going to breed to? Inquiring minds are on the edge of our seats waiting with anticipation :O)
 

MYT Farms

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Joined
Oct 28, 2008
Messages
1,061
Location
Peyton CO
Well, shoot, if I tell y'all what I'm breeding to, why would ya wanna buy from me??!!  ;) Well, I guess, if you MUST know:

Everything eligible except for 3 will be bred to OCC Emancipate. Check for his picture below. The other three commercial cows will be bred to this Hereford bull, CL 1 DOMINO 320N. Yes, he is horned, but I think his other qualities are more than enough compensation for that. Plus, the calves will only be recessively horned and be born polled. There's my British X-breds. This fall, I'll also have an offering of calves out of OCC Homer and some LimFlex™ calves as well. That oughta be a great set! As some of you know, I'm also looking to buy some Angus here locally, but I don't know for sure what their lines will be. Also, I'm gonna try and get that heifer in TX posted for sale by steerjock. She's exactly what I want. Real world, high $EN genetics with that showy look. Well, enough rambling, and here's the pictures of the bulls.

P.S., Could I design a logo with MYT Farms on it? Do I need to copyright that? How would I go about doing so? Thanks again.
 

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dori36

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Jul 29, 2007
Messages
969
Location
Central Lower Michigan
MYT Farms said:
For all those fed up with my bull and breeding questions on the Steer Planet:

I have actually come to a final decision for the last time.  ;D And I mean it. I will NOT be getting any kind of club calf semen and will only be breeding Angus and Angus Hybrid cattle. My Angus will be almost completely OCC, PCC, and DDA genetics. I might have some other bloodlines mixed in here and there, but that's what I know can work in the show ring and perform in a harsh, commercial environment. My hybrid cattle will mostly be crossed with Hereford and some Shorthorn. If my customer base demands otherwise, I will consider using "Continental" breeds of cattle. However, there are many bulls that offer excellent growth outcrosses inside the Angus, Hereford, and Shorthorn breeds, so I am going to try and stick with them. Now, here comes the part I need to work on the most: cattle numbers and a customer base. My herd has been slowly building to the point where I have 7 head of cows to breed this spring. As of right now, I only have a bull and a heifer for sale. However, I would like some of you to look me up this fall if you are interested in real world, moderate, maternal genetics with showring potential. I'll have some bred females and a few weanling calves for sale. I will also have a spring born bull for sale this fall. If any of you would be willing to spread the word around and give a 15 year old kid a hand, I'd be greatly appreciative. Once again, thanks for taking the time to read this and for all the encouragement I've gotten.

Good for you, Cade!  You've worked hard doing your research!  In case you're at all undecided about your Angus crossbred cattle, check out the Dunlouise bulls at Sinclair Cattle Co.  Their website is www.sinclaircattle.com.  You can download their sire directory (bottom left area of the homepage) and the Dunlouise bulls are near the end of the catalog!  They're pretty interesting!

Thanks again,
Cade Christensen
MYT Farms
 

MYT Farms

Well-known member
Joined
Oct 28, 2008
Messages
1,061
Location
Peyton CO
dori36 said:
MYT Farms said:
For all those fed up with my bull and breeding questions on the Steer Planet:

I have actually come to a final decision for the last time.  ;D And I mean it. I will NOT be getting any kind of club calf semen and will only be breeding Angus and Angus Hybrid cattle. My Angus will be almost completely OCC, PCC, and DDA genetics. I might have some other bloodlines mixed in here and there, but that's what I know can work in the show ring and perform in a harsh, commercial environment. My hybrid cattle will mostly be crossed with Hereford and some Shorthorn. If my customer base demands otherwise, I will consider using "Continental" breeds of cattle. However, there are many bulls that offer excellent growth outcrosses inside the Angus, Hereford, and Shorthorn breeds, so I am going to try and stick with them. Now, here comes the part I need to work on the most: cattle numbers and a customer base. My herd has been slowly building to the point where I have 7 head of cows to breed this spring. As of right now, I only have a bull and a heifer for sale. However, I would like some of you to look me up this fall if you are interested in real world, moderate, maternal genetics with showring potential. I'll have some bred females and a few weanling calves for sale. I will also have a spring born bull for sale this fall. If any of you would be willing to spread the word around and give a 15 year old kid a hand, I'd be greatly appreciative. Once again, thanks for taking the time to read this and for all the encouragement I've gotten.


Thanks again,
Cade Christensen
MYT Farms
Good for you, Cade!  You've worked hard doing your research!  In case you're at all undecided about your Angus crossbred cattle, check out the Dunlouise bulls at Sinclair Cattle Co.  Their website is www.sinclaircattle.com.  You can download their sire directory (bottom left area of the homepage) and the Dunlouise bulls are near the end of the catalog!  They're pretty interesting!

Thanks! I liked the looks of a couple Sinclair bulls, but who knows. Really appreciate everyone's help and encouragement.
 

savaged

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Joined
Mar 9, 2008
Messages
730
Location
Greenfield OH
Cade,

Why the need to form an LLC?  Unless you need (or have) a limited partner that's willing to front a lot of cash, equipment, or cattle, then you probably don't need an LLC.  I operate as an LLC, but for a lot of people its disadvantages out-number the positives.  To name a couple, the non-managing (or passive) partner(s) do not realize year-to-year tax advantages, and with a LLC (at least where I am in Ohio) my depreciation options are much more limited than with a sole proprietorship.  If you have family that is willing to front operating capital, I think you will be better off in the long run working out simple loan arrangements.

Just my 2 cents.

 

box6rranch

Well-known member
Joined
Dec 11, 2008
Messages
604
Location
Larkspur, CO
Let me know what you are looking to buy for angus cows. What age, how much? Friend's of ours got their original herd from the Lazy H and I know they are going to be selling some of their cows. They live right off of Upper Lake Gulch so it would be close for you. They have excellent blood lines.
 

ruhtram

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Joined
Oct 5, 2008
Messages
2,136
Location
Iowa
Sounds like you got a lot of your things figured out. I hope your plan works out for you.Good luck!
 

Jill

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Jan 20, 2007
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3,551
Location
Gardner, KS
Really like the Homer bull, never seen calves from him but I know a lot were bred that way in the Exposure sale.
 

JbarL

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Apr 21, 2007
Messages
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Location
30deg 17' 11.73 N 81deg 35'59.94&q
savaged said:
Cade,

Why the need to form an LLC?  Unless you need (or have) a limited partner that's willing to front a lot of cash, equipment, or cattle, then you probably don't need an LLC.  I operate as an LLC, but for a lot of people its disadvantages out-number the positives.  To name a couple, the non-managing (or passive) partner(s) do not realize year-to-year tax advantages, and with a LLC (at least where I am in Ohio) my depreciation options are much more limited than with a sole proprietorship.   If you have family that is willing to front operating capital, I think you will be better off in the long run working out simple loan arrangements.

Just my 2 cents.
have to agree with savaged there myt....i'd start out with obtaining a fictious name registration probally about 25/ 50 bucks....yoiu will need it on down the line anyway if yo decide to contiune to llc of any other corp status...but a    dba  gets yo going " as a business" ..and you operate seperatly under your ssn #  as a sole proprietor...jbarl
 

MYT Farms

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Joined
Oct 28, 2008
Messages
1,061
Location
Peyton CO
JbarL said:
savaged said:
Cade,

Why the need to form an LLC?  Unless you need (or have) a limited partner that's willing to front a lot of cash, equipment, or cattle, then you probably don't need an LLC.  I operate as an LLC, but for a lot of people its disadvantages out-number the positives.  To name a couple, the non-managing (or passive) partner(s) do not realize year-to-year tax advantages, and with a LLC (at least where I am in Ohio) my depreciation options are much more limited than with a sole proprietorship.   If you have family that is willing to front operating capital, I think you will be better off in the long run working out simple loan arrangements.

Just my 2 cents.
have to agree with savaged there myt....i'd start out with obtaining a fictious name registration probally about 25/ 50 bucks....yoiu will need it on down the line anyway if yo decide to contiune to llc of any other corp status...but a    dba   gets yo going " as a business" ..and you operate seperatly under your ssn #  as a sole proprietor...jbarl

Thanks to all for the wise advice and help. Box6, I've actually already got the guys picked out who I will be buying from sometime this summer or fall. I've got just a little update. I have decided Emancipate isn't quite where I want to take my cow program. Instead, I am now looking at two or three other bulls. Check out some of the newer threads for their picture and EPD's and vote which one you like the best. Once again, I thank you all, and hopefully, Lord willing, my venture will be successful.
 

box6rranch

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Joined
Dec 11, 2008
Messages
604
Location
Larkspur, CO
No problem. They are the ones who used our white pb shorthorn bull this year. All nine of their cows bred. Two calved so far, a bull and a heifer. Both have white bellies and frosted tails and butts. Let me know if you are interested in looking at the calves sometime this spring or summer.
 
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