Business Financial Plan

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OCTOBER 22, 23 2013 I nves tor N ew s letter Ut enim ad minim veniam, quis nostrud exerc AGRITOURISM BEST PRACTICES Laboris Nisi ut Aliquip Consequat Business Financial Planning October 22 - 23, 2013 WEDNESDAY WORKSHOP SAMPLING BUSINESS AND MARKETING Enhancing Your Marketing Message Nuts and Bolts of Business Planning Making Your Farm Business Special:How to Identify Promote Your Attributes MEDIA Tuesday, October 22, take part in pre-conference tours and trips Thisinchapter walks you through • Go depth with Trevin Farms Goat the essential of starting or Dairy, B B in steps Sudbury Tuesday, October 22 7:30 am Registration Opens 9 - 4:30 Field Trips, Farm Tours 5:30 pm Dinner „„What Is a Business Plan 6:30pm Welcome from VT Secretary of • Visit expanding an agritourism business.. Intro to Search Engine Optimization What Is a Business Plan What’s Inside 9:15 - 10:45 11 - 12:30 12:45 - 2:15 2:30 - 3:30 3:45 - 4:45 5 - 5:30 Workshop Session I Workshop Session II Lunch Workshop Session III Workshop Session IV Closing Agritourism Defined Presenters from near and far are The State of Vermont doesexpertise not have excited to share their a commonly for VT Billings Farm and accepted Museumdefinition ¥ Woodstock, agritourism, but many groups useVT this: Durkee Insurance • Fair Haven, Grand View Farm ¥ Washington, VT Agritourism is the business of Liberty Hill Farm • Rochester, VT establishing farms as destinations for education, recreation, and theFoundation purchase Maryland Agricultural Education farm products.. Single-member LLC is a “disregarded entity” Units Yes Corporation Yes May choose to be taxed as a Partnership (S Corp) or as a Corporation (C Corp) Shares Yes Nonprofit Limited liability for members and uncompensated board members Tax exempt Transfer of assets to other than nonprofit is prohibited Yes Cooperatives Limited liability for members Taxed as a cooperative Transfer restricted to other eligible cooperative members (farmers) SOURCE: A Legal Guide to the Busi

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