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Topic Overview/Introduction
Value-Added Agriculture, Direct Marketing and Agritourism: Cultivating a Fruitful Enterprise
Description: To many of us, analyzing the results of the USDA Census of Agriculture is intriguing and provides valuable insight to the ever-changing Read More… industry of agriculture. With a particular focus on value-added activities and a select number of specialty crops, the data and summary assembled here provide brief insight to changes in Tennessee agriculture from 2017 to 2022. It also provides some highlights of the top individual counties in selected categories.
Description: This document summarizes various data from the 2022 USDA Census of Agriculture and shows Tennessee’s national ranking in selected Read More… enterprises/categories. While it does not include every enterprise/category reported in the Census, most livestock and crop enterprises/categories are included. A
Program Area(s): General Business Essentials | Topic(s): Business Planning
Business Planning
Farmers’ Guide to Business Structures
Author(s): SARE
Description: Establishing and maintaining the right business structure for your farm operation lays the foundation for a stable, resilient farm Read More… business. Forming a business structure can help manage risk by protecting the owners’ assets from the business’ liabilities; promote good business practices through accounting and decision-making protocols; raise funds from outside investors; and ease the ownership transition process. For most farmers and ranchers, choosing a structure is straightforward. Complexity arises when drafting organizing documents to support your structure of choice, or, determining how it will operate.
Farmers’ Guide to Business Structures: LLCs, Corporations, Partnerships and More will support you throughout this process, from outlining the options and how to choose one, to in-depth chapters on the characteristics and requirements of each. To help you on your way, this Guide includes sample operating agreements, bylaws and other documents for C corporations and limited liability companies (LLCs). This Guide is meant to assist you but does not offer legal or financial advice for your situation. To succeed in this process, work with an attorney, accountant and others with expertise in this subject area.
Farmers’ Guide to Business Structures: LLCs, Corporations, Partnerships and More was written by Farm Commons and published by SARE.