Not sure how to structure your farm or ag business? Choosing the right business structure can impact everything from taxes to liability to transition planning. In this blog post, we break down common business structures—like sole proprietorships, partnerships, LLCs, and corporations—and what they mean for agricultural operations. Read the full post and view our quick reference guide to help you decide what’s right for your farm.
This Dairy Month, we’re celebrating more than just milk—we’re honoring the hardworking families who bring it to our tables. Just outside Campbellsburg, Kentucky, siblings Sharon and Terry Rowlett turned a family farm challenge into a thriving creamery business. With grit, creativity, and support from KCARD, they transformed their dairy operation into Rowlett’s Milkhouse Creamery—proving that with the right support, rural dreams can grow strong.
Considering a grant for your farm or food business? Grants can help you grow—but success takes more than a good idea. You’ll need a clear plan, strong documentation, and the ability to manage reporting and reimbursements. Before you apply, make sure the grant fits your goals, you're ready to handle the admin work, and you understand the requirements. With the right prep, grants can be a game-changing investment in your business.
Thinking about incorporating your business into a legal business structure? As your business grows, choosing the right legal structure becomes a key decision. Incorporating can offer protection and perks—but it's not always the right move for everyone. Here's what to consider before making it official.
Looking to sell your products online but not sure where to start? This quick guide compares top e-commerce platforms—like Square, Shopify, Local Line, and more—designed for farmers and small businesses. Find the right fit to streamline sales, manage inventory, and grow your business online.
To continue our financial series this week, we’re discussing balance sheets. Your balance sheet shows what you own (assets) and what you owe (liabilities) on a specific date. This important financial statement says a lot about your business…
The Kentucky Center for Agriculture and Rural Development is a non-profit organization established to facilitate agricultural and rural businesses in Kentucky. We are supported primarily through grants provided by the USDA Rural Cooperative Development Program and the Kentucky Agricultural Development Board. Additional support is provided through our work with partners around the state and through fees charged for select client services.
