Operating agreements and the transfer of management are two topics not to be overlooked as people first begin farming together. Whether the partnership is with family members or non-related parties, having written plans for operations and management provides a strong base for a sustainable business. Following a written agreement helps when things are going well and when things get difficult.
Jackson County University of Wisconsin-Extension and the UW Center for Dairy Profitability will host “Cultivating Your Farm Business’s Future” meeting on Wednesday, Jan. 24, 2018, at the Jackson Electric Cooperative Community Room (N6868 County Road F, Black River Falls).
A strong advantage of management partnerships is the opportunity to bring new skills to the business. Farmers may find this essential when considering new markets and/or marketing strategies. A farmer panel portion of the meeting will provide information on industrial hemp production, and examples of direct marketing opportunities of farm products.
10:45 am: Registration
11:00 am: Evaluate Your Business: Farm Financial Basics & Cost of Production Tools
12:30 pm: Lunch
1:00 pm: Alternative Markets & Marketing: Farmer Panel (Industrial Hemp, Farmers Markets, Direct Marketing examples)
2:00 pm: Protecting your investment in the farm: Operating Agreements & Business Entities
3:00 pm: Starting the Conversation & Communicating your wishes
3:30 pm: Adjourn
There is no registration fee for this meeting. However, space is limited and pre-registration is strongly recommended for lunch count.
For more information or to register, contact the Jackson County UW-Extension office (715) 284-4257