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Subject: Market Farming
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- From: Todd Lister <toddlister1 AT gmail.com>
- To: Market Farming <market-farming AT lists.ibiblio.org>
- Subject: Re: [Market-farming] Market 'ownership'
- Date: Thu, 8 Apr 2010 21:29:16 -0400
Our market rents a city park, pays a manager, buys insurance, advertising, website maintenance, promotions and merchendise with our logo for extra income. Each year we set a budget and anticipate sponsorship income. Based on those dollars we determine how much to set our fees to the vendors and in the end we hope to finish even or close to it. Nine board members, All volunteers. Some markets might do better but I don't see profit as a likely outcome.
http://athensfarmersmarket.net/
Todd Lister
Veribest Farm
Just for the sake of argument let’s say the market is on a city street and makets over $10,000 a year....
Celeste
From: market-farming-bounces AT lists.ibiblio.org [mailto:market-farming-bounces AT lists.ibiblio.org] On Behalf Of Road's End Farm
Sent: Thursday, April 08, 2010 1:38 PM
To: Market Farming
Subject: Re: [Market-farming] Market 'ownership'
On Apr 8, 2010, at 2:19 PM, Celeste Illgner Havener wrote:
I am just curious who is responsible, i.e. who get the profits from your farmers market? Is it the vendors, a committee, the city or government entity?
The Laramie Market is ‘owned’ by the Downtown Merchants Association, they receive the profits from the market. They hire a manger but all other income remains with the merchant group. I believe this is unusual but was wondering if other communities have a similar format?
Celeste in Laramie
A sunny day with no snow!
_______________________________________________
Both the markets I go to, and several other markets I know of in the area, are owned by the market itself; they are not-for-profit, and the money brought in by the market for vendors' fees etc. is used for the expenses of the market.
I think markets on private property are occasionally owned by the property owner, in which case presumably the property owner makes some money from them; but I can't imagine that there's much money to be made, unless maybe it's such a prime location that it's possible to charge high fees without spending a lot for advertising, management, insurance, and taking care of the site.
Does the Laramie Downtown Merchants Association pay for advertising, insurance, and any needed site upkeep and/or rent for the site, as well as for the manager? If not, how are these expenses paid for? or do they just not do any of that, and hope for the best?
-- Rivka; Finger Lakes NY, Zone 5 mostly
Fresh-market organic produce, small scale
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