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In this episode, you'll learn about managing the legal risks of leasing land and setting up your business structure when starting your farm business during COVID-19. Episode 25.
0:00 – Legal Risk Management for Farmers During COVID-19
2:20 – Introduction to Land Leasing and Legal Nuances
5:25 – Action Steps for Lease Agreements
8:30 – Business Structures and Preventing Disputes
13:28 – Importance of Organizing Documents
18:30 – Choosing a Business Structure
30:30 – Insurance as a Critical Component
35:05 – Distinctions Between LLCs and Corporations
36:13 – Conclusion and Next Steps
This is special podcast episode which is the first of a two part series on Starting a Farm Business During COVID-19. We hosted a webinar on this subject on May 20th, 2020, and in this episode we’ll be sharing the first half of that presentation, going over important legal considerations for land leasing and setting up a resilient business structure when getting your farm business started. Tune into Episode 26 for the second half this presentation where we cover essential insurance considerations and employment law insights for new farm businesses.
Resources Mentioned:
Disclaimer: We are working hard and fast to get information together about COVID-19 related programs to share with the farming community as quickly and accurately as possible. Please notethat things are rapidly shifting duringthis time and what was accurate info 2 days or 2 weeks ago may not be accurate tomorrow. As such, please look for our most recent updated information on all COVID-19 issues.
“Easy Lemon” from Royalty Free by Kevin MacLeod. Released: 2012.
