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FSFS85: Why Microgreen Grower Chris Thoreau Set Up A Co-Operative Business Structure for his Micro Urban Farm

FSFS85: Why Microgreen Grower Chris Thoreau Set Up A Co-Operative Business Structure for his Micro Urban Farm

FromFarm Small Farm Smart Daily


FSFS85: Why Microgreen Grower Chris Thoreau Set Up A Co-Operative Business Structure for his Micro Urban Farm

FromFarm Small Farm Smart Daily

ratings:
Length:
56 minutes
Released:
Feb 8, 2017
Format:
Podcast episode

Description

When you start your farm business, one think that you need to think about is your business structure. Sole proprietorships and LLCs are common ways to go, but there are also other options, like co-operatives... That's how farmer Chris Thoreau of Food Pedalers structure his business, and that's the subject of today's show... Today I'm going up to Vancouver to talk to microgreen farmer Chris Thoreau about a topic that you don't hear discussed a lot in small scale farming circles - how he organized his business.. Chris initially started his business as a sole proprietor, but as he began to grow, both in the size of the business and the amount of people working in the business, he realized he needed to change that. After looking at all of the options, Chris decided that he wanted to do something different, something that went more against the status quo, and something that was equitable for everyone involved - so Chris organized his business as a co-operative. It's an interesting business structure and it's one that most people wouldn't think of when organizing their business. If your business is growing, or if you are thinking about expanding your team, then a coop structure might make sense for you... Today Chris will talk about why he chose that structure, the advantages and disadvantages of it, and what it takes to have a successful member-owner business. Learn more at www.permaculturevoices.com/farmsmallfarmsmart Support the show at www.permaculturevoices.com/support
Released:
Feb 8, 2017
Format:
Podcast episode

Titles in the series (100)

These down to earth conversations with farmers give us an inside look at what it really takes to earn an independent living being a farmer. Combine one part true inspirational stories with tangible tools and tactics and you've got this podcast: a unique way to gain insights that really work from successful farm-based entrepreneurs. These real, honest conversations will help show that you aren't alone in the grind, and give you the motivation to get after it.