This helpful chart for Illinois business entities was used for a speaking engagement last spring with Illinois Farm Bureau. It illustrates some of the major differences among different choices of business entities in Illinois including but not limited to sole proprietorship, general/limited partnerships, limited liability companies (including series LLC’s), and corporations. I’m a visual person so I love charts and …
Organic Growth for your Food & Agri-Business- Using Business Entities as a Risk Management Tool
I’ll be speaking this Sunday, January 26, 2014 at the Northeast Organic Farming Association (“NOFA”) of New York’s Annual Meeting in Saratoga Falls. My presentation is titled “Getting Prepared for Organic Growth: Using Business Entities as a Risk Management Tool.” My presentation will give an overview of the different choices of business entities, including sole proprietorships, general partnerships, limited partnerships, …
Legal Structure of Farmers’ Markets
Kudos to Erin Kee and Jason Foscolo for co-authoring this substantive article on the the choices of entities for farmers’ markets. I’m teaching the undergraduate food law course at New York University this semester. Today, I am lecturing on direct farm marketing and local food law. Erin and Jason’s article was included in the “recommended reading” for today’s lecture. I …
Role of Buyer’s Attorney in Real Estate Closing
I have had several real closings this week and was reminded this morning of this pamphlet from the New York State Bar Association (“NYSBA”) on the Attorney’s Role in Home Purchases. Most of us will purchase property at some point in our lives. The pamphlet properly describes the various responsibilities of the Buyer’s/Borrower’s attorney in real estate transactions including, but …
New York Business Structures
Over the weekend I stumbled across the materials from the First Annual Meeting of New York Agri-Women and reviewed this excellent article titled “Doing Business in New York State: Structures and Strategies” by Bruce L. Anderson, Brian M. Henehan, and Charles J. Sullivan, Esq. Mr. Sullivan spoke on business organizations at the New York Agri-Women’s annual meeting. If you have …