The profitability of sheep is a difficult thing to measure accurately; there are many factors involved, however here we will provide our experience with raising a small herd of 30-40 animals.
To say there is a learning curve raising animals is an enormous understatement, what seems common sense today was beyond our comprehension a decade or more ago. Simple necessities like sheering seemed like a task you could put off on a professional once a year, however, to do so adds hundreds of dollars of expenses to your bottom line. Further, the personal handling of the animals is lost if you shed that task to another, a man who is little more than a machine to the process. We do not engage in reckless shearing of animals, we do not strive to finish the task in 3 minutes, or even 10 minutes, we often take 20 to 30 minutes to shear one animal, preferring to cause less harm (nicks and small cuts which are common with hasty careless work) to the animal.