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Extension offers webinar about farm business structure

field on a sunny day with a blurred center

Choosing the right business structure for a farm or ranch business shouldn’t be hard. In the Business Structure Basics Webinar, led by staff from Farm Commons in partnership with the University of Illinois Extension, producers will learn how to apply straightforward decision-making factors to your situation. We’ll walk through the tax advantages and business practices that make the most of your choice. A focus on preventing problems with good governance means that whether you are just starting out or you’ve been on the land for a few decades, this webinar will help you chart the next steps.

"We're pleased to be able to launch this first webinar as part of the Legal Training for Illinois Small Farms Webinar series," states Grant McCarty, Local Foods and Small Farms Educator for Jo Daviess, Stephenson, and Winnebago counties. "At Illinois Extension, it's important that we provide this type of educational opportunity that can complement the outreach and resources that we offer year-round, from in-person conferences/programs to expert assistance."
 
Business Structure Basics Webinar will be offered via Zoom on Tuesday, October 22, at 7 p.m. This webinar is part of the Legal Training for Illinois Small Farms Webinar Series. Future webinars in the series include December 16, 2024: Forming an LLC; March 17, 2025: Land Leasing Basics; and June 23, 2025: Farm Property Insurance

Registration is required to attend; register online at go.illinois.edu/jsw or call University of Illinois Extension at (815) 235-4125.

University of Illinois Extension provides equal opportunities in programs and employment. If you need reasonable accommodation to participate in this program, please call (815) 235-4125.

ABOUT FARM COMMONS: Farm Commons is a national nonprofit organization specializing in legal education for farmers. Our mission is to empower farmers to resolve their own business law issues within an ecosystem of support. Through education, leadership development, and community-based problem-solving around business law, agricultural communities become stronger and more resilient. The result is a legacy of sustainable farms and a community-based food system for everyone. At Farm Commons, paperwork is powerful.

ABOUT EXTENSION: Illinois Extension leads public outreach for University of Illinois by translating research into action plans that allow Illinois families, businesses, and community leaders to solve problems, make informed decisions, and adapt to changes and opportunities

About Extension

University of Illinois Extension develops educational programs, extends knowledge, and builds partnerships to support people, communities, and their environments as part of the state's land-grant institution. Extension serves as the leading public outreach effort for University of Illinois Urbana-Champaign and the College of Agricultural, Consumer and Environmental Sciences in all 102 Illinois counties through a network of 27 multi-county units and over 700 staff statewide. Extension’s mission is responsive to eight strategic priorities — community, economy, environment, food and agriculture, health, partnerships, technology and discovery, and workforce excellence — that are served through six program areas — 4-H youth development, agriculture and agribusiness, community and economic development, family and consumer science, integrated health disparities, and natural resources, environment, and energy.