University of Maryland Extension

Business Organization Videos

Business organization structures can provide many uses in agriculture, but the majority of Maryland farmers do not utilize one.  Utilizing the proper one can help limit liability for the farmer, protect personal assets from business liabilities, and provide a mechanism to transition the farm to the next generation.  Picking the right business structure can be a difficult proposition for a business owner.  The Agriculture Law Education Initiative and Beginning Farmer Success have teamed up to provide a series of overview videos covering each business organization structure you may consider.  For more information on this topic, you can also check out Using a Business Organization Structure to Limit Your Farm’s Liability by Ashley Newhall and Paul Goeringer for more information.

Overview

Sole Proprietorship

Partnerships (General and Limited)

Limited Liability Company (LLC)

Family Farm Business

Corporation

Cooperative

Videos sponsored by:

Maintained by the IET Department of the College of Agriculture and Natural Resources. © 2019. Web Accessibility