Re: Growth on limited budget/ waiting on financing
Here is something I learned the hard way in my early years of commercial honey production (raising bees for almond pollination the following year is a different scenario). Make spring splits based on the income you can derive from them THIS year not a year and a half down the road. If you see a yard where most of your honey is being produced by a small percentage of your hives then you are doing something wrong. All this multiplication looks really good on paper but lots of bad stuff can happen along the way when following a long term plan. I never start a year saying I plan on running x number of hives, instead I let the quality of my bees determine my final number. In short, in the beeyard you must think like a beekeeper first and foremost and not an accountant making projections. Also, categorize your expenses between "needs" and "wants" and dont ever let your bees get shorted on their needs. Needs? Health, young queens, feed, forage and lots of room to grow. Wants? The shiny stuff.
"People will generally accept facts as truth only if the facts agree with what they already believe."- Andy Rooney