Is raising llamas and alpacas a good business?

Answer by  quisqualis (1756)

Raising these animals can be a good business if there is demand for them. This will vary with the economic times as well as with various trends. It would really pay off to get friendly with other alpaca and llama farmers in your area to become familiar with the business.

Answer by  rebecca0515 (434)

Raising llamas and alpacas is an incredibly profitable business. You can use the fur from the animals to make any number of products including socks and sweaters. The wool can be sold to distributors for this purpose.

Answer by  Dean (4035)

Write a business plan. It takes more than a good idea to make a successful business. By creating a business plan, you'll walk through the various areas of concern and investigate whether or not such an endeavor could be fruitful under local circumstances.

Answer by  RunawayJim (964)

It is a great business, but is very tough to get into. If you have the capital, then go for it because the industry is definitely growing, but it can be a hassle.