As we enter the new year, many people will begin to look back at their records from 2024 to analyze their financial position and begin to prepare for the upcoming tax season. If you have an effective and efficient recordkeeping system, this process can be smooth and straightforward. Check out these tips to improve your recordkeeping system in 2025!
New Requirement for Businesses Registered with the Secretary of State: Beneficial Ownership Information
Businesses registered with the Secretary of State (such as LLCs or corporations) are now required to report Beneficial Ownership Information. As of December 26, 2024, the deadline for BOI filing has been suspended until further notice. However, the report is expected to be required in the future. We recommend voluntarily completing the report to avoid having to monitor future deadline updates.
KCARD Staff Holiday Recipes: Logan's Pumpkin Roll
Take a look at some of the KCARD staff's favorite holiday recipes - such as Logan’s pumpkin roll! And don't forget to give the gift of local this holiday season.
KCARD Staff Holiday Recipes: Kati's Ginger Sorghum Cookies
Check out some favorite holiday recipes from the KCARD staff! Remember to also give the gift of local this holiday season.
Planning for the Future: A Starter Guide to Farm Transition Planning
Farming is a risky business with significant costs, and one of the most expensive mistakes is failing to plan or oversimplifying the transition of the farm. At its core, successful transition planning boils down to clear, honest communication and planning ahead. When communicating across generations, consider addressing key issues early to build mutual understanding and ensure a smoother transition.
Register for Our Growing Your Farm and Food Business Workshops
This fall, KCARD is hosting another round of our funding focused Growing Your Farm and Food Business workshop series. We kicked off this series with the first workshop in Grand Rivers on October 23rd. You can still join us in Springfield on November 13th or in Jackson on November 19th!
Unlock New Opportunities with KCARD's Farm Diversification Workshop
KCARD will be hosting a Planning for Farm Diversification workshop on October 22 in Murray, KY to assist agricultural producers who are transitioning out of dark tobacco and diversifying their farming operations with produce or raising livestock for value-added products. The workshops will provide information on business planning, marketing, produce safety practices, and production resources.
How to Host Workshops on Your Farm
A well-hosted class or workshop can be one of the more profitable (and fun!) ways to engage visitors on your farm and offer agritourism opportunities. However, they can be quite labor-intensive and require lots of planning and thoughtfulness. Check out these tips to get you started!
Business Builder Subawards: Frequently Asked Questions
The recently announced first round of the Business Builder Subawards through the Appalachia Regional Food Business Center is a potential grant opportunity for farm and food businesses.
To help understand the grant, review the FAQs and feel free to contact us at (859) 550-3972 or kcard@kcard.info. We can help you determine if this opportunity is a good fit for you and your business!
Q&A with Terryn Varney, Business Development Specialist: How Does KCARD Work with Farmers Markets?
KCARD works specifically with farmers markets on a wide range of topics, including where to find funding, how to structure the market, and how to think of the farmers market as a business entity. In this post, Terryn Varney, KCARD Business Development Specialist who specializes in farmers market assistance, answers questions about how and when KCARD can help your farmers market.