Business Formation

If you’re thinking of starting your own farm, you’ll face many of the same questions any new business owner faces, such as:

What type of business will I be?
Who will be the owners?
When does it start?
What are the rules which control its operations?
Who do you want to be able to own an interest?
What happens when one of the owners dies? Divorces? Becomes incapacitated?
What happens if one of the owners simply wants out?
How is my business going to be valued?
How do I buy out one of the other owners?

But when it comes to a farm business, you’ll have many more issues to consider. For example, farm businesses often lease real estate from the same people who will own the new business.

Farm businesses also face unique employee decisions, including the use of migrant labor, special exemptions from some employee rules, and the rules impacting labor provided by young family members (children).

To handle all of these legal issues and many more, it’s important to work with an agricultural lawyer who is familiar with the unique challenges and opportunities of your farm. At Daley Zucker, LLC, we’re experts in agricultural law, serving farmers throughout Pennsylvania.

Our goal is to position your business to be successful, while taking advantage of planning opportunities that are unique to the farming industry. Mushrooms, corn, fruit, cattle, dairy, wine, etc. all offer the opportunity to create a successful, well thought out business plan.

We’ll work closely with you and your accountant to make a variety of decisions and draft the right documents including:

• Deciding on the right business model – sole proprietorship, general partnership, limited partnership, limited liability company, or traditional corporations (C or S).
• Deciding how you will manage the business
• Addressing future ownership needs
• Obtaining federal and state tax identification numbers, registrations and licenses
• and much more

Of course after your farm is up and running, we can also continue to assist you with leasing and contract issues, financing expansion decisions, employment laws, and day to day operational decisions.

Want to find out more about starting your own farm? Let us help you get the details right from the beginning.