The demanding daily tasks of running a business can sometimes cause owners and managers to have a shorter term focus. After all, in the short term, they may have to concentrate on planting or harvesting crops, taking care of livestock, or day-to-day employee management. But as producers navigate day-to-day challenges, it’s important to maintain a long-term perspective.
We all know the importance of reviewing your business’s tax position in “good times,” but what about the “bad times?” Managing your taxes is a critically important piece of the financial planning process in any given year.
One of the challenges in discussing and measuring agritourism is defining it. Are all farm-based retail operations considered “agritourism,” or merely those which offer farm experiences beyond simply purchasing farm products? The boundaries of agritourism activities remains difficult and are discussed further in this article.
According to mainstream views, the Northeast’s short growing season limits the ability of the region to meet consumer demand for year-round, locally grown produce. However, the rapid emergence of Controlled Environment Agriculture enterprises is challenging this view. Dr. Jie Li and Dr. Miguel Gomez of Cornell University's Dyson School of Applied Economics and Management discuss the growth and economic viability of this emerging system.
