www.sare.org publications farmers-guide-to-business-structures chapter-4-limited-liability-companies-llcs section-1-llc-fundamentals Section 1: LLC Fundamentals LLC Origins An LLC is a separate and distinct legal entity. This means that unlike a sole proprietorship or general partnership, the law recognizes an LLC as separate from the individual(s) that run it. The LLC was created to address a growing concern that individuals running sole proprietorships and general partnerships were personally exposed to […]
www.sare.org publications farmers-guide-to-business-structures chapter-5-c-corporations Chapter 5: C Corporations This section explores significant aspects of the C corporation, how the entity is formed and what needs to be done to maintain it. The following section, Going Deeper into C Corporations, gives you some tools to help you navigate the process of creating and operating a C corporation; it includes a checklist for creating a […]
www.sare.org publications farmers-guide-to-business-structures chapter-4-limited-liability-companies-llcs Chapter 4: Limited Liability Companies (LLCs) This section provides an overview of the limited liability company (LLC) entity. This section offers farmers a basic understanding of what it means to run a farm operation as an LLC. The following section, Going Deeper into LLCs, gives you some tools to help you navigate the process of creating and operating an LLC. It […]
www.sare.org publications farmers-guide-to-business-structures chapter-3-sole-proprietorship-and-general-partnership-fundamentals Chapter 3: Sole Proprietorship and General Partnership Fundamentals Sole proprietorships and general partnerships are the easiest business entities to set up and maintain. In fact, nothing is actually required to create them. You may already be operating one without even knowing it! For example, if you own your farm operation and you’re not on an employer’s regular payroll for the work you do, you are automatically a […]
www.sare.org publications farmers-guide-to-business-structures chapter-2-understanding-the-options Chapter 2: Understanding the Options This section provides farmers with tools to help choose the best business entity for their farm operation: Entity Comparison Chart and Choose Your Entity Flowchart. Consciously choosing an entity is the first and probably most important step in running a successful farm operation. These charts will help farmers narrow down the options based on certain factors or […]
www.sare.org publications farmers-guide-to-business-structures chapter-1-getting-started Chapter 1: Getting Started This Guide will help farm owners choose a smart business entity for their unique operation. A wise and thoughtful decision at the outset will help farmers build a strong and resilient farm business that can withstand the test of time. Selecting the right entity is like building the foundation of a house. Without the right foundation, the house will […]
www.sare.org publications farmers-guide-to-business-structures preface-3 Preface Dear Reader, Congratulations—you’ve started down the path of greater stability and resiliency through smart farm business structures! The process of choosing and maintaining a farm business structure can be a long journey as the farm grows, shifts and perhaps transfers to other operators. These resources are here to support farmers on their journey. We hope to put farmers […]
www.sare.org publications farmers-guide-to-business-structures farm-commons Farm Commons About Farm Commons Farm Commons believes that strong, resilient sustainable farm businesses are built on a solid legal foundation. Our mission is to provide the proactive legal resources that farmers need to become the stable, resilient foundation of a community-based food system. We look forward to the day when all sustainable farmers have access to the legal resources […]
www.sare.org publications systems-research-for-agriculture chapter-five-implementing-a-systems-research-project-troubleshooting-and-putting-it-all-together references-16 References Moss, S.R., J. Storkey, J.W. Cussans, S.A.M. Perrryman, and M.V. Hewitt. 2004. The Broadbalk long-term experiment at Rothamsted: What has it told us about weeds? Weed Science 52: 864–873. Tuckman, B.W. 1965. Development sequences in small groups. Psychology Bulletin 63: 384–399. Wheelan, S.A. 1994. Group Processes: A Developmental Perspective. Allyn and Bacon: Sydney, Australia.