Updated: February 15, 2021

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.

Business Organization Videos

Introductions on how business organization structures are utilized by Maryland agriculture

Overview - This video highlights why you may want to consider utilizing a business organization structure in your farm.

Sole Proprietorship - This video highlights the pros and cons of a sole proprietorship business form.

Partnerships (General and Limited) - This video highlights utilizing a partnership form, general or limited, in your farming operation. 

Limited Liability Company (LLC) - This video highlights the limited liability company (LLC) business structure. 

Family Farm Business - This video highlights what exactly is a family farm business. 

Corporation - The video highlights utilizing a corporate business structure on your farm. 

Cooperative - This video highlights on utilizing a cooperative business structure in agriculture. 

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