Thursday, December 31, 2015

Agriculture in USA is Still Small Business

Check this out...
According to the USDA:
  • 10 percent of farms have gross sales of more than $250,000 and produce 80 percent of the country’s food
  • 30 percent have gross sales between $10,000 and $249,000 and produce 18 percent of US food
  • 60 percent have gross sales under $10,000 and produce less than 2 percent of food
Well,  if 80% of ag biz is small biz and produces 20% of our food, 20% produces 80%

Most help is for the 20%.

I focus on the other 80%, who need sales, and cannot effectively access the help that is "free."

One thing people worry about is funding, and I am happy to see there is zero interest (usury free) financing available aplenty:
  • Barnraiser 
  • is for food startups looking for donations to get their product off the ground
  • Kiva Zip
  •  is a free zero-interest loan platform great for early startups with low capital needs (up to $5,000)
  • Community Sourced Capital
  •  is a zero-interest loan platform perfect for a growing business with larger capital needs ($5,000-$50,000)
And of course the real finance is intra-business, with no banks involved, that is vendor financing, at no interest.

Feel free to forward this by email to three of your friends.


Anonymous said...

What nobody told me about small farming: I can’t make a living

People say we're "rich in other ways," but that doesn't fix the ugly fact that most farms are unsustainable