[Market-farming] startup

Matt Cheselka cheselka at mksit.net
Tue Jan 6 15:31:02 EST 2004


On Tue, 6 Jan 2004 KTCopsey at aol.com wrote:

> Goodness - that would be a pain, so thankfully no you do not have to
> incorporate to be a business.  Doing so allows some benefits, but only
> if you are large.  I think most farm and small business do DBA (Doing
> Business as farmA).  This allows you to register a name and open an
> account in a bank, but the name may need to be registered somewhere else
> too - ie courthouse or county/state govt. Registering for state sales
> tax is also useful and required by most states.  This means that you
> charge state sales tax on your sales, but get tax-free anything you use
> for your business. You should also think of insurance for the business.

Ah -- ok.  So a sole proprietorship is all that's actually required.  
That's nice.  I'm a little confused about this "tax-free anything".  Does 
that mean if I kepe track of the sales taxes I'm having to pay when I buy, 
for example, row cover, I can write off that expense when I do my 
reporting?  Or am I totally missing the point there?

> 
> Thise is only very general because obviously states differ, but having
> started in three different states so far, these are the similarities
> that I have found.  I do most of my 'shopping' for these by starting at
> the county offices and asking the attendant where to start - they
> generally know and each area will send you to another one, and give you
> buckets of forms to fill in, as well as zoning, general business
> licences and more advice than you can absorb! Winter is a great time to
> get organized!!!! Katy

Ha!  "Winter" is a relative term.  There is no "winter" where I am, per
se.  In any case, I've been pretty successful at keeping my veggies
growing pretty well these past few months.  Cold-tolerant plants, of
course.  I'm just in the process of "getting serious" about all of this
and want to get the non-growing stuff set up correctly and out of the way.
  
Thanks for the info, Katy.

Matt




More information about the Market-farming mailing list