PUBLISHED Nov 15, 2019 | UPDATED Sep 19, 2020
As the owner of a farm or food enterprise, you choose how you want to operate it. Choosing the right business structure is important because it affects many aspects of your company. For example, it can influence tax treatment, exposure to risk and liability, and personal control over the business. New farmers or food entrepreneurs often operate as sole proprietors. This legal guide discusses the features and obligations of operating your business is as a sole proprietorship.