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Business Planning 101

The most effective development strategy for rural communities is small entrepreneurship – locally-owned and operated small businesses.

The first step in creating a small business is having a great idea. Next is writing a good business plan to help you make superior business decisions. Business plans are also crucial to obtain financing.

Think of a business plan as a resume for your business that should be written down and formalized. In general, it contains:

Farmers and ranchers lose by repeal of Organic Livestock and Poultry Practices standards

The Center for Rural Affairs stands for rural communities, and we, too, believe that an essential foundation for vital rural communities consists of a healthy economy and diverse farming models. Many of the policies we support – organic agriculture, Value-Added Producer Grants, rural microloans – we chose to fight for because they make space for farmers and ranchers to access new or alternative income streams.

We are concerned that some of the U.S. Department of Agriculture’s (USDA) recent actions directly undermine this vision, by the removal of several rules.

A once-in-a-generation opportunity for tax reform and education funding 

LB 1084, Sen. Tom Briese’s combined property tax relief and school funding bill, is a once-in-a-generation opportunity. Let me explain this bold statement.

In the mid-1960s, two generations ago, the state of Nebraska ended statewide property tax. At about the same time, the state began collecting both sales and income taxes. These were all bold moves for generating income for the state.

Iowans respond to clean energy growth

During the past two decades, Iowa’s wind energy industry has created 8,000 to 9,000 jobs, spurred billions of dollars in investment, and provided Iowa landowners with $20 to $25 million in annual land lease payments. With nearly 7,000 megawatts (MW) of installed wind capacity, the state generates more than 37 percent of its power from wind.

Similarly, the Iowa solar industry has begun to follow an impressive growth curve. The Solar Energy Industries Association estimates Iowa will install approximately 225 MW of solar during the next five years.

A property tax lesson from Arthur County

Property taxes have more than doubled in the past decade. The price of cattle has not. This has created significant challenges for those of us in production agriculture.

When this trend first began, I was quick to blame our local administrators and school board for the burden placed on property tax payers. I believed the only way to control the rise in property taxes was for schools to mitigate spending at the local level.

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