Business Basics
Farming is a business, and as such, there are important business practices to help you get started in the right direction.
Establish your Business Structure– Overview of the basics of business from the The National Ag Law Center.
AR Secretary of State Business Registration– Step by step guide on how to start a business in Arkansas.
Apply for your federal EIN– Once you have a business established you have to have an Employer Identification Number, here you can acess all of the links and documents to start the process.
Establish your Farm Number with FSA so you can participate in in USDA programs. Read more here.
AgPlan – Can help you create your farm business plan.
SARE Building a Sustainable Farm Business– This business plan helps todays alternative and sustainable agriculture entrepreneurs transform farm- grown inspirationinto profitable enterprises.
Schedule Farm Taxes– Acess to the Profit or Loss from Farming Tax Form
Finally, it’s a best practice to keep your personal and farm expenses and income separate so set up a business account at your bank.
Stay in touch!
Register with CAFF to receive news, event information, farmer stories and more about Arkansas farming and food systems.