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325 pages

Farmers Guide to Business Structures (FGBS)

In this comprehensive guide, you’ll learn all about the business structure options available for your farm or ranch and how to implement them. This is a pdf version of the online resource of the same name, provided for easy distribution to your agricultural community.
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In this comprehensive guide, you will learn all about the business structure options available to you: Sole proprietorships/Partnerships, LLC’s, C Corporations, S Corporations, Nonprofits, and Co-ops. Start with the flowchart to get an idea of which structure is most suitable. Then, progress to detailed checklists on how to form the entity. Don’t forget the incredibly important organizing documents- we also have checklists and sample operating agreements, bylaws, meeting minutes and more. These documents are fully annotated with helpful descriptions so farmers and ranchers can gain a deep understanding of how to solve problems before they start. The guide also explores complex issues like anti-corporate farming laws, running multiple entities, and going into business with other farmers. The printed book version is available for purchase from SARE – Handbook 14.