Small Business in Agriculture

  • Posted by Ashley Panter
  • On September 13, 2017
In the 2017 edition of the University of Georgia Small Business Development Center’s publication, “Small Business and Its Impact on Georgia,” the article below titled, “Spotlight Industries in Georgia: Agriculture,” was featured. Georgia is well known for agriculture. Farming has been a way of life for generations in the south, and Georgia is no different. […]
Read More
 

Importance of Agriculture in Georgia

  • Posted by Ashley Panter
  • On February 28, 2017
The business of Agriculture has long been an important part of Georgia’s economy and will continue to be a driving force at the local, state, and national level. Georgia has the unique attribute of being home to a diverse array of food and fiber production and a rich assortment of the related economic sectors that make the entire system work. Together, these directly and indirectly related industries account for over $74.3 billion dollars in output contribution to Georgia’s $907.7 billion economy. This economic role also includes over 411,500 jobs for 2014.
Read More
 

Funding Options for New or Young Farmers

  • Posted by Ashley Panter
  • On September 13, 2016
For many young farmers there is a deep desire to grow their farming operation, however, most are faced with the challenge of getting financing. Young farmers that are just getting into the business have not had time to build a lot of equity. Because of this, banks will consider the young farmer to be riskier compared to a seasoned farmer. One of the many variables banks will consider is how well the farmer can manage their working capital, and without a history of that from operations, it’s more difficult for a bank to determine the likelihood of repayment. Today, with low commodity prices and smaller margins between expense and revenue, young farmers are exposed to tough decisions and banks are tightening their internal lending policies. Despite this, there are still many opportunities for the young farmer.
Read More
 

Times Are Tough-Scrutinize Every Input Choice

  • Posted by Nathan Arnold
  • On March 22, 2016
Seems like most everybody who retails ag inputs is offering products that they profess will boost yields, even make ‘em skyrocket. Only problem is, claims often aren’t backed up with unbiased data to prove that these materials provide growers with a return on investment–that ROI that should guide every decision.
Read More
 

2016 Ag Business Planning Workshop

  • Posted by Liz Overstreet
  • On January 4, 2016
Are you interested in ag-related business?  Do you already own or operate one? UGA’s Ag Business Planning Workshop can provide you with the tools and information to help you get started or improve your existing operation.  This workshop will teach participants business concepts such as: market feasibility financial feasibility crop enterprise budgets understanding the legal […]
Read More
 

Sound Business Practices Move Georgia Peach Retailer from Stands to Stores

  • Posted by Ashley Panter
  • On December 21, 2015
Travelers driving north and south on Interstate 95 will pass 24 billboards inviting them to stop and purchase mouth-watering products like “Fresh Georgia Peaches — Exit 58” and “Georgia Peach Ice Cream” at Georgia Peach World and the Eulonia Country Store in Townsend. The young entrepreneur behind the bold, simple marketing campaign, Jason Reott, is […]
Read More