Molly, President, Southwest Grazing, Inc.

Now that’s impressive, Rachel

I am Rebecca Thistlethwaite, Director of the Niche Meat Processor Assistance Network. I am an expert in understanding the complexities of local and regional meat processing.

Used to be expert in ag mortgage lending, appraisals, knitting, getting 3 kids through college

I’m Willard Heck of Weaver Ranch and Grasslans Charitable Foundation and I’m the details wrangler for both organizations.

Eva Stricker, Quivira Coalition. I’m an expert in biocrust biogeochemistry :)

Yeah I think so

I'm Louis Martin, General Manager of Round River Resource Management, LLC providing regenerative land and livestock management services to land and livestock owners. Jack of all trades and master of none.

I am a farmer/owner/steward of Jóia Food Farm located in Iowa. I don’t feel like an expert in anything, I’m always learning. But I can be an expert in making origami cranes.

Rhoby Cook, Holistic Management Certified Educator Trainee, becoming more expert at applying HM Framework to many situations. Also knowlegeable about operating a small non-profit in California.

I’m Brenn Scott, Quivira NAP Apprentice for Badger Creek in the mountains of south central Colorado. I’m an expert in being endlessly curious—especially about regenerative ag.

I am Pam and I had a previous career and was an expert in GPS and geospatial technologies. I consider myself an expert in educating folks on complex topics and translating them into simple ways. I am eager to convert that into the community of HM, regen and bison.

Hello. I am Ashley. I am a horticulturist and restoration ecologist. I am an expert in THE ecosystem, specifically that of wetlands and rivers in Colorado

They could split up. They could very different expectations

They might fall down the hill

Who are the decision makers and who can veto decisions?

Because it’s Jill’s family’s land, they will disagree on land use

Financial disputes, One party wants to stop ranching/leave the farm

We should have a workshop on business relationships and communication.

Are there templates for these different documents i.e. communication policy

https://farmcommons.org/resources/farmers-guide-business-structures

Do officers have to be paid?

Which corp structure would allow you to take on non-voting investors?

Also, which structure makes it easiest to sell the business in the future? Does the biz structure matter for sales?

friend referenced, yes

And c corp in this graph? How would that look?

Not enough

Can you choose differently from year to year?

Found through word of mouth.

We had a customer who was a bookkeeper. But we never worked with an accountant. That was our mistake.

Pay between $1800 basic year and $3800 year we did conservation easement.

My answer to her questions - a neighbor provided name of an accountant they used and liked. So referral. I love it because they answer my questions and file my taxes.

Could you please explain the “franchise tax” in the case of CA LLC’s and corporations?

How easy it is to switch from being a sole proprietorship to being an LLC?

Always a risk that I put my confidence in the accountant without me knowing the details.

Having a professional do your taxes is the best time-saving investment you'll ever make.

Agree with Rhoby!

It helps if you keep great records with a program like QuickBooks

agree with Rhoby also.

1030a (mountain time)

Join Zoom Meetinghttps://us02web.zoom.us/j/85109551298?pwd=bnVPU1NaRzRkYXMzU0FlSkNXWVhWdz09#successMeeting ID: 851 0955 1298
Passcode: 081296
One tap mobile
+13126266799,,85109551298# US (Chicago)+19294362866,,85109551298# US (New York)

Dial by your location
       +1 312 626 6799 US (Chicago)       +1 929 436 2866 US (New York)       +1 301 715 8592 US (Washington D.C)      +1 346 248 7799 US (Houston)     +1 669 900 6833 US (San Jose)       +1 253 215 8782 US (Tacoma)
Meeting ID: 851 0955 1298

For folks who raise, and then process their own animals and sell meat, I think it’s fairly common to separate out the land/animal management and the meat businesses

and yet we see that all the time

Is it wise to put the land in an LLC when there are multiple owners with only one of the owners leasing it to run cattle?

I'm curious to the non profit option

same here,

non profits may operate for-profit businesses as long as the business is "substantially related" to the non-profit purpose.

I am interested in providing more info. to our meat processor members about different business entities. So that will be my next step.

Which biz structure makes it easiest to sell your farm business?

Join Zoom Meeting

https://us02web.zoom.us/j/85109551298?pwd=bnVPU1NaRzRkYXMzU0FlSkNXWVhWdz09#success

Meeting ID: 851 0955 1298
Passcode: 081296

One tap mobile

+13126266799,,85109551298# US (Chicago)
+19294362866,,85109551298# US (New York)

Dial by your location
        
+1 312 626 6799 US (Chicago)        
+1 929 436 2866 US (New York)        
+1 301 715 8592 US (Washington D.C)       
+1 346 248 7799 US (Houston)      
+1 669 900 6833 US (San Jose)        
+1 253 215 8782 US (Tacoma)

Meeting ID: 851 0955 1298

Thank you

thank you

Bye thank you!