Getting Started in Ag: Which Business Structure is Best?

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The Risk Concepts series offers information on each of the most common forms of business organization.

THERE ARE MANY ASPECTS to consider when establishing a new agricultural business: ownership, taxes, liability, and estate planning concerns should all be carefully studied when deciding on a business structure. Putting in considerable time to plan and consult with trusted advisors will go a long way towards achieving long term goals and stability. There are many alternative forms of business structure to think about.

Risk Concepts is a series of publications compiled by the RightRisk team and made available at: RightRisk.org. The series offers a separate, 4-page bulletin covering each of the most common forms of business organization. A summary chart compares and contrasts the alternatives to provide an overview of the choices involved.