Business & Marketing Fact Sheets:
From the Organic Broadcaster:
Cost of production is important in setting prices, which should differ with various markets. A price in each market should be based on the cost of production added to the cost to market, plus a margin of profit. Read more.
Though income tax planning has been around as long as there has been a tax upon income, far too few farmers take advantage of the process. What exactly is tax planning and why is it important? Read more.
In a season marked by unusual weather, crop hail insurance protects farmers’ investment and offers peace of mind. Read more.
Most farm operations encounter months in which the money coming in from sales of milk, livestock, produce or other products is not quite enough to cover all of the bills. Read more.
A challenging day in many farmers’ professional lives is the day they have to hire their first employee. The thought of having to figure out payroll taxes…. Read more.
As a farmer, you are faced with a greater number of uncertainties than most business owners. While you have the everyday challenges related to employee management, time utilization, equipment malfunctions…. Read more.
The most recently passed farm bill has put in place a variety of options to the Direct Counter Cyclical Payment program and the ACRE program. The Price Loss Coverage (PLC) and Agricultural Risk Coverage (ARC) programs are offered…. Read more.
Let’s be honest—even with all the challenges of farming, few of us are likely to yearn for a cubicle somewhere…. Read more.
I’ve got a neighbor whose truck scares me. The bookkeeper in me cringes as I see receipts flying around the cab, grubby on the floor, or wedged behind the visor. Read more.
There are some simple equations you can run to tease out the financial implications of any purchase. Read more.
While the work on a farm never ends, most farmers have a stretch of “not-quite-so-busy” time between fall harvest and spring planting when things ease up a bit. Read more.
“There’s no relationship more intimate than the one between eaters and the food they eat.” Read more.
Chances are, your farm is organized as a sole proprietorship, just like 94% of all farms surveyed in 2007. Read more.
While beginning farmers make up the heart of the growth in organic and sustainable agriculture, a big hurdle to launching these operations remains lack of capital. Read more.
- 6 Ways to Diversify Your CSA Income
Lisa Kivirist writes in HobbyFarms.com about the meaning of Community Supported Agriculture (CSA) and how farms can expand their selections beyond vegetables. Benefits include not only an increase in income, but also a wider variety to interest more shareholders and strengthen relationships with current members.
- Agricultural Marketing Research Center: Marketing information including marketing plans, and understanding target markets.
- Comparison of Transaction Costs by Marketing Outlet is an Excel spreadsheet available to compare your marketing outlet numbers at Agricultural Decision Maker.
- Markets and Profits: Exploring the Feasibility of Your Farming Ideas
An online course to get you started exploring the potential markets and profitability of your ideas. From the Cornell Small Farms Program. Registration opens August 18, 2014 for the Jan. 15-Feb. 19, 2015 course.
Farm Commons provides the proactive legal services sustainable farmers need to become the stable, resilient foundation of a community-based food system. They provide business legal services to farmers, create useful legal education resources, and educate attorneys on issues relating to community-based farmers around the country. Learn more about farm law, get an events schedule, view guides on common farm legal issues, or request guidance on your farm’s specific transactional legal issue on their website.
Farm-to-Consumer Legal Defense Fund (FTCLDF)
The FTCLDF protects the rights of the nation’s family farms, artisan food producers, consumers and affiliate communities to engage in direct commerce free of harassment by federal, state and local government interference; it protects the rights of farmers and artisanal producers to make their products available and the rights of consumers to access the foods of their choice from the source of their choice. Learn more on their website.
Organic Farmers Agency for Relationship Marketing (OFARM)
OFARM is an association of organic farmer cooperatives coordinating producer marketing groups for organic producers. They are committed to the promotion of fair, equitable, and profitable farm gate prices for all segments of organic production. Learn more on their website.