Tag Archives: business plan

Sustainable production leads to success at Little River Farm

How many young farmers met their financial goals during their first year in business? Bob Payne and Camille Abdel-Nabi started their 3-acre farm with solid training and experience in organic growing, high energy and a good business plan. Bob has an … Continue reading

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Prepare for your first farm loan & get ready for credit – Part 2

Beginning farmers can secure their first farm loan if they develop a plan for how the money will be spent, and how the loan will be repaid. A plan can allow a farmer to purchase equipment using a low interest … Continue reading

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Preparing successful farm business plans & loan packages

Many farm and business owners have not created a written business plan or have not verified their plan is realistic. Former Bank Vice President, John W. Nelson, III explained that too many businesses are ill prepared; they spend too much … Continue reading

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RI supports farmers and small business owners

Rhode Island Governor Lincoln Chafee led a business forum describing free or low-cost mentoring, business development and funding services available to RI businesses including farms. Governor Chafee opened the presentation, saying how pleased he was that there were hatching chicks in … Continue reading

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