Tax season doesn't have to be stressful — with the right approach, it can be a year-round strategy that sets you up for success. In our latest blog, the UK Department of Agricultural Economics break down essential tax tips, key filing updates, and smart planning strategies for farmers and small business owners, including disaster-related extensions for Kentucky, new 1099-K rules, and options for livestock sales and asset depreciation. Stay organized, stay ahead, and start building a smoother path to your future tax filings today!
As we gear up for the 2025 season, effective recordkeeping is key to understanding your business's financial health and driving growth. This blog explores advanced methods, from cloud-based software to industry-specific tools, to help you track finances, analyze key metrics, and make informed decisions. Mastering recordkeeping will set your business up for success in the year ahead.
In case you missed it, check out our Recordkeeping 101 blog post to get caught up on this series.
Struggling to price your products at the farmers market? It’s a balancing act between attracting customers and ensuring profitability. From calculating your costs to understanding market trends and perceived value, this post breaks down key steps to help you set the perfect price. Ready to optimize your pricing strategy? Read on for tips that will boost your sales and sustain your business!
With the uncertainty of USDA contracts and funding while federal programs are being reviewed by the new administration and some programs being canceled, it is important for producers and organizations to understand their rights and key timelines. Farm Commons has recently published a resource aimed at helping producers navigate this situation. Key points from this resource are summarized in this post.
Starting or growing a business is an exciting journey filled with opportunities and challenges. Whether you’re launching a startup, expanding an existing operation, or simply rethinking your strategies, it’s always helpful to have a well-thought-out business plan. This document isn’t just a formality—it’s a foundational step that can turn your vision into reality while ensuring you stay on track to achieve your goals.
If you are new to direct meat sales and have just read our blog posts about having your meat processed for the first time and pricing your meat for profit, we’ve pulled together some more resources for you to explore.
Are you looking for ways to increase your knowledge of marketing, production, business management, and more during this time of quarantine and rain? Check out these online training programs from some great resources.
Farmers markets must get innovative in the way they provide food access to their customers while keeping in line with social distancing requirements during this time. Consider the restraints of your market and what is feasible for your market. We encourage you to check out the resources put out by the Kentucky Department of Agriculture and the Community Farm Alliance for markets across the state.
This past Friday and Saturday the 4th Annual Eastern Kentucky Farmer Conference was held at the Morehead Convention Center in Morehead, KY. A technical assistance “ThinkTank” and an Eastern Kentucky Grower Buyer Meetup added to the conference this year, giving attendees the opportunity to not only network with other producers but also buyers, funders, and technical assistance providers. The conference offered 16 different sessions, including 4 short courses on Friday discussing topics such as high tunnel production, food safety regulations, business planning, and online marketing. Saturday included 12 different sessions on topics such as starting a CSA, no-till vegetable production, non-timber agroforestry, agritourism, and small fruit production.
The 4th Annual Eastern Kentucky Farmer Conference is taking place February 28 and 29, 2020 at the Morehead Convention Center in Morehead, KY. Topics for this year’s conference include high tunnel production, GAP and post handling practices, selling in today’s digital market, small fruits production, understanding your processor, no-till vegetable production, livestock management, and many more that you won’t want to miss.
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.
