June 26, 2008, 1:59 pm
The cost of starting a new farm
Orlen Bates Jr., Zanesville, Ohio
We purchased a home with five acres of land. I plan to grow fruits and nuts, and I want to start the business off as an LLC. I will sell wholesale only. What risks are there selling to just one or two local stores?
I also see big startup costs, and I want to use cash only as I build the farm. Do we loan the money to the LLC? How long can I have write-offs before the IRS thinks I am not a real business? Read more…
Comment
DiggMarch 21, 2008, 10:09 am
Freebies and cost-cutting: slump survival tactics
Reader Mike asked FSB’s advice on surviving the dipping economy. How are you beating the slump with your grassroots business?
January 9, 2008, 11:40 am
Harnessing solar energy
Interested in going green in the US or abroad? Start with these resources and talk back here about how renewable energy has helped your business.
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