TURN YOUR SMALL FARM INTO A BUSINESS! (AND SAVE BIG ON TAXES)

[@ZaraThustra-w2n]

Funny how Curtis Stone and other popular farm channels never made content like this. It's almost like they were....grifters. My farm has been a DBA for the past ten years, as I only farm as a side hustle, but we made so much money last year we're going to have to become an LLC. I realize I've been screwing myself after Helene, because my farm had about $10K worth of damage and I had to pay for it all out of pocket. Thankfully my family has some wealthy cousins, because I did not have 10K on hand. Now I owe my older cousin 10k, but at least I have my farm restored. Moral of the story is to set up an LLC up front and legally become a farm. I guess I'm going to use the Zen site you showed in the video. You make the best farm content on KZbin bro. Keep it up and you will be a legend! What kind of cannabis are you growing? CBD I would imagine since you are in Tennessee?

[@JohnDoe-id9hi]

Once you have your business license i strongly advise you to contact NRCS and ask about the grants available to you. It's the right time of year when they can come out and determine if they have programs to help.

[@ZaraThustra-w2n]

@@JohnDoe-id9hi Thanks for the heads up. I do plan on taking advantage of the NRCS grants, glad to know it's the correct time of year.

[@JohnDoe-id9hi]

@@ZaraThustra-w2n I contacted them two weeks ago and had my first site visit on Wednesday. I was shocked by the response and all the crazy grants available, I had no idea. High tunnel, no till, pollinator strips, pasture fencing around creeks soil testing, she even contacted the local watershed to have them come look into creek restoration. It was worth it!

[@ZaraThustra-w2n]

@@JohnDoe-id9hi Wow - that's pretty amazing.

[@JohnDoe-id9hi]

@ZaraThustra-w2n Right!

[@TravisLittig]

Not even a minute into seeing my first video of yours and I'm already subscribed! Bro this is the life I'm trying to make for myself. Thanks for sharing your story!

[@chefsharvestfarm]

@@TravisLittig thanks man 👊

[@bradliston8990]

Why are you trying to make me quit my job?! Joking, I'm sure that I will be back to watch this one many more times. Good one brother!

[@chefsharvestfarm]

🤣🤣🤣 thanks man 👊

[@wideawake333]

Right!!

[@wideawake333]

This was the best video I've ever seen on the ins and outs of small business liability and respinsibility. It's literally so comprehensive and thorough I felt relaxed watching it. The thought of any new business venture is so overwhelming not knowing what you dont know, going in. Thanks so much for this!!

[@chefsharvestfarm]

@ thank you 🙏

[@earthkeyper]

You give a ton of consice information, step by step and straight to the point. One of the best I've seen on KZbin. Almost anyone could take this and produce a good business plan. Thanks for the extra effort.

[@chefsharvestfarm]

Thanks pal! I appreciate the positive feedback 🙏

[@JoyboyEZ]

Love your stuff, chef Mikey. You need to start a mentorship or consultation service. I'd definitely take it, im in the beginnings of starting my garden/farm business

[@chefsharvestfarm]

Thank you 🙏 hopefully I’ll get there someday. For now it’s all I can do to get a few videos out per month 🤣

[@hodiyahhelps6331]

Thank you! Truly appreciate this and the fact that it didn't take you 45 minutes to relay helpful information. You don't know how much it's appreciated from one busy person to another!

[@chefsharvestfarm]

Thank you 🙏

[@stevemiller8952]

Thanks for your time and effort in making theses videos to help a lot of people become successful

[@chefsharvestfarm]

Thanks Steve 🙏

[@reemanasir406]

Going into the new year. I needed this video. Thank you.

[@chefsharvestfarm]

Thanks pal! 🙏

[@nashvillefarmacy]

Your videos are fantastic and the farm is beautiful! I always leave with new knowledge and inspiration. I'm checking out Farm Raise and Next insurance right now. Looks like we could save a lot(!) of money on our biz insurance. I am a mushroom and herb farmer in north west Tennessee in my 4th year as a business. I've been wanting an alternative to quickbooks as well so i'm very happy about that recommendation! If you have referral codes or affiliate links for either of these sites, please share! I'd love for you to get referral credit. Thanks for the great info and entertainment, keep it up! 🍄🌟

[@chefsharvestfarm]

Thanks pal 🙏 QuickBooks caused me so much stress! Farm raise really does make it easy! I apply to all the affiliate programs but it just takes time. I figured I’ll just add them in the future or on future videos. Hopefully it at least attracts someone who wants to pay me 🤣🤣🤣

[@garydenner6253]

I cant believe you dont post more content more often mikey! Sure, i know each video takes alot of work editing & video footage, however you have that impact on people on when you post content, people really take notice on what your saying! & not being a qualified horticulturist makes it even more intriguing! You give hope & understanding for the average joe to say HEY! IF MIKE CAN DO THIS, WELL SO CAN I! You're a true inspiration to me & many of us! Your a NATURAL MATE! By far, the most favourite gardening channel in my KZbin feed & ivd subscibed to ALOT of different channels. Keep up the great work mate! Im always waiting in anticipation for your next video... ALWAYS! Who knows, soon you may even have selling your top quality produce as a side business & KZbin as your cash king business. You just got to get more content out there, more regularly & more subscribers. Gary 7th generation 1st fleet convict from Australia 🇦🇺

[@chefsharvestfarm]

Thanks Gary 👊 I work on KZbin about 40 hours a week. That’s how long it takes me to make each video. Hoping to hire a video editor and team to help with KZbin soon! KZbin just paid all my bills for the first time, thanks for the support 👊

[@forkandtillerfarm7105]

Great Info! Im a flower farmer just outside Knoxville and am trying to take it to the next level. Your business tips are very helpful. I have been struggling with quickbooks and am so happy to hear about FarmRaise! Keep the fab videos coming!

[@chefsharvestfarm]

@@forkandtillerfarm7105 awesome! Thanks pal 🙏 QuickBooks is the worst 🤦🏻‍♂️

[@markfuchs1225]

High quality consistent content sir. Inspiring, trustworthy and to the point. Very much appreciated. Huge fan.

[@chefsharvestfarm]

@@markfuchs1225 thanks man 🙏

[@richadeyemi]

Thank you for the wealth of information you give out. They are very helpful to me as someone who is just starting out a market garden farm. You rock.

[@chefsharvestfarm]

Heck yeah 👍 thanks for following along and leaving positive comments, I appreciate it 🙏

[@ringoyr]

Thank you so much for this! It's straightforward and so helpful.

[@chefsharvestfarm]

@@ringoyr heck yeah 👍 thanks for watching and dropping a comment 👊

[@allonesame6467]

You covered so many aspects of setting up a farming business in this informative concentrated video! Great overview of how you did it! Awesome!

[@chefsharvestfarm]

Thanks pal 🙏

[@mikequigley6115]

Hey man ….. love your channel … I’m in NY and in process of building a small family farm myself …. This content is great thank u !!! It’s been an inspiration to me watching u 🫡🫡🫡🇺🇸

[@chefsharvestfarm]

Awesome! Thanks Mike 🙏

[@cannopycore]

Blessed to have stumbled on such clear and competent information. Thank you dude.

[@chefsharvestfarm]

Heck yeah 👊

[@richardperez8906]

Amazing! ….. I’m on the same path as you…. I also grow Mary Jane ….. although my grow area is nowhere is large as yours your videos still give me the motivation to start my business. God bless!

[@chefsharvestfarm]

Thank you 🙏 it looks way bigger on the videos. All of the garden beds are 50 ft long and 30” wide. And I think there’s about 28-30 on my home base property. The garden area is definitely less than 1/4 acre. The entire property is about an acre including the front yard and house. I hope to start sharing more cannabis content soon 👊

[@MikeV607]

Another great video packed with information 👍👍. At this point in my (old) life, I'm just looking to grow high quality vegetables in my backyard garden ... and the best way to store them for long term use. Here in the northeast (central NY) the growing season is short! I've spent years enriching my garden soil with an organic mindset to produce nutrient dense vegetables. I've come to believe that most commercially available produce lacks the trace elements that were available when I was a youngster. And you can't beat the freshness of vegetables from a home garden vs. from the grocery store picked days or weeks ago and shipped hundreds of miles or more! I really enjoy your videos Chef Mikey so keep up the good work.

[@chefsharvestfarm]

Thanks Mike! Everything that you just said is really what inspired me to grow my own food. After working in the restaurant biz for over 20 years getting produce off the truck. I started shopping at the farmers market. I realized I had been trying to make high quality dishes out of low quality produce. There was a guy who sold music garlic. And to me garlic just came in a tub… when I realized I could buy garlic from this guy and plant a clove to have my own top shelf garlic, that’s way better than anything I could buy… that’s what sparked all of this for me. It was garlic 👊

[@MikeV607]

@@chefsharvestfarm Yes, as I mentioned before in a 'past life' I was a cook, but in a seafood restaurant so not much involvement with produce. My passion is more personal and in the belief that most grocery produce is nowhere near as nutrient dense as what I can grow. 😊

[@chefsharvestfarm]

@@MikeV607 you should check out Row 7 seeds. They breed seeds specifically for flavor and nutrient density Not yield, disease resistance, or storage potential which are what most breeders breed for.

[@luceyrains]

I have been waiting for this video!!! I am a chef myself and have a love for gardening as well. Good job getting were you have my friend!!! Heard!

[@chefsharvestfarm]

HEARD! Thanks pal 🙏

[@amoreoften4059]

You are very inspiring. Thanks for this information and congratulations on your thriving hobby turned business. 🎉

[@chefsharvestfarm]

Thank you 🙏

[@stevegermain1222]

Amazing information, im excited every time i see a new post...chomping at the bit for spring in Upstate SC

[@chefsharvestfarm]

Thanks Steve 👊

[@MrPenguin8588]

This series has been awesome with so much needed information

[@chefsharvestfarm]

Thank you 🙏

[@KimberFarms]

Thanks for the tips! I was just thinking yesterday about product liability but was afraid to even consider the cost!! Very reasonable! Cheers!

[@chefsharvestfarm]

Heck yeah 👍 thanks pal 🙏

[@brianbarnicle8052]

Thanks for this. It is important but not always the most exciting content.

[@chefsharvestfarm]

Haha! Agreed! It’s basically the middle of winter. So I figured it’s a good time to make this type of content while I can just sit in my office rather than trying to make actual farming content in the middle of winter. Thanks for tagging along 👊

[@georgegradi6093]

You are such an inspiration. When you come to Nashville, i want to buy you a beer.

[@chefsharvestfarm]

Thanks pal 🙏

[@antoniiocaluso1071]

the other essential is...having grandkids! :-) heyyy...this is great when one's young, but since ancient times a grower needs a whole family's support to maintain itself without burn-out. remember Keillor's jokes about "Norwegian bachelor farmers"? haaaa...YOU don't wanna be that way!! growin'-n-sellin' is easy when there's more hands!!

[@chefsharvestfarm]

Thanks pal 🙏

[@marvinmonaghan]

Valuable info for getting started legit! I forget which video it was but kind of tarp did you use to kill the grass for when setting up the gardens or what do you recommend? Thanks Mike 🤙

[@chefsharvestfarm]

Thank you 🙏 this is the tarp. www.farmersfriend.com/p/silage-tarp?Size=24-ft+%C3%97+105-ft

[@Enlightenedhearts1111]

this is beautiful thank you

[@chefsharvestfarm]

@@Enlightenedhearts1111 thank you 🙏

[@OperationGarden]

excellent information! thank you!

[@chefsharvestfarm]

Thanks pal! 🙏

[@reapergrim76]

Love this! 😀

[@chefsharvestfarm]

Thank you 🙏

[@Itsallmeagain]

Amazing! Keep going you are doing great!

[@chefsharvestfarm]

Thanks pal 🙏

[@browntownorganics2172]

Great info! Thanks for the video!

[@chefsharvestfarm]

Thanks pal 🙏

[@JakeStokes-g3t]

That cannabis herbs looks great

[@chefsharvestfarm]

Thanks 👊

[@FindingDoLo]

10/10 video

[@chefsharvestfarm]

Thank you 🙏

[@HivesToHome]

This was a great video!!!

[@chefsharvestfarm]

@@HivesToHome thank you 🙏

[@farnorthhomested844]

another great video. great information.

[@chefsharvestfarm]

Thank you 🙏

[@brimelowfarmbychon3329]

Great video nice sharing❤

[@chefsharvestfarm]

Thank you 🙏

[@shaneildyall5498]

I'm here buddy. Good morning.

[@chefsharvestfarm]

Thanks pal 🙏 good morning 🌞

[@markuswade2158]

Great Video! Thanks

[@chefsharvestfarm]

Thanks pal 🙏

[@trinkladd]

Great vid as usual. Is the cannabis “hemp”. Will u explain the testing part of that. Or is it needed for your own consumption. Please would make a great video.

[@chefsharvestfarm]

Yes I have a federal “Hemp” license. Definitely been easing into the cannabis content slowly to understand what KZbin will actually allow. But my lord do I have some cool content recorded. I think I’m just gonna go for it soon 👊

[@fromcitytowild]

I run two small businesses. Square is awesome but Next insurance is extremely expensive. You could probably save hundreds each month with Simply business (not affiliated with them) I looked into next insurance and it was laughable how much they wanted from a small startup.

[@chefsharvestfarm]

It’s $300/year for me 🤷🏻‍♂️

[@fromcitytowild]

@chefsharvestfarm Yeah after thinking about it, I guess it's a farm. Not like a contractor working on expensive homes. Makes sense that it's not expensive. Hopefully they'll give me a low quote like that!

[@chefsharvestfarm]

@@fromcitytowild fingers crossed 🤞🏻

[@Kathy0118]

Hello, does your farm need an irrigation controller? I would like to sponsor you one of our latest smart irrigation controllers.

[@chefsharvestfarm]

We do!

[@Kathy0118]

@@chefsharvestfarm I will contact you, please check email

[@Kathy0118]

@@chefsharvestfarm I have contacted you

[@Kathy0118]

@@chefsharvestfarm Hello, have you received my email?

[@joesellers2492]

Holy advertisements Batman!

[@chefsharvestfarm]

If only they actually paid me! This is just me sharing my actual journey. No one paid me a dollar to say anything. And you know this because there would be a “paid promotion” tag in the upper corner of the video if I was paid to say any of this. But there is no doubt that my goal is to attract advertisers for sure 👍 KZbin is a business 👊

[@retheisen]

Don't forget to claim those gainz.

[@chefsharvestfarm]

Yeah buddy 💪💪💪👊

[@victorblakely6355]

Love it but it seems like a long ad 😆

[@chefsharvestfarm]

It’s just me sharing how I actually setup my business 🤷🏻‍♂️ no one paid me to say anything. If they did there would be a “paid promotion” icon in the upper left corner and I would be legally obligated to tell you I was paid… it is my genuine experience…

[@nocogarden]

What’s your profit margin percentage?

[@chefsharvestfarm]

I don’t know the answer to that question right now. I should know once I get my taxes done. But I built a new farm this year. So I’ve pretty much reinvented everything. I just take out enough to pay my bills and live off.

[@SpearHead1011]

Wait….Weed is legal in TN?

[@chefsharvestfarm]

I grow it under the federal hemp program. It has to be under .03% DELTA 9THC on a dry weight basis, 30 days pre harvest… which is a very specific rule. Since most weed is high in THCA. Not Delta 9…. And it doesn’t matter what it tests post harvest… but this year they came and burned it all 🤣🤣🤣

[@toddmiles1724]

How did you claim a twenty thousand dollar loss on your taxes for what I don't understand how that whole twenty thousand dollar thing worked

[@chefsharvestfarm]

Tax deductible business expenses. But I am not a tax expert! You should consult an accountant with accounting questions.

[@Nongnghiepmoi-newagriculture]

Yes boss im try but .... Im a farmer 😢

[@chefsharvestfarm]

Try harder 🤣🤣🤣

[@zhuanjifarms5050]

Tell you one thing chef, I'd bet a parsnip that leaving the trenches saved your sanity, no?

[@chefsharvestfarm]

I’ll never work a job again! Jobs suck 🤣

[@denniskearney5266]

Can I purchase your weed ?

[@chefsharvestfarm]

Not right now. But maybe someday!

[@denniskearney5266]

A chef to a chef ever make edibles ?

[@chefsharvestfarm]

@ yes that’s what I do with most of it

[@denniskearney5266]

@@chefsharvestfarm nice

[@SnowflakeFarm]

Your last several videos have been very informative, Thank You! you got a new subscriber.

[@chefsharvestfarm]

@@SnowflakeFarm thanks pal 🙏

[@THEBOOT504CTC]

Sup brudda 🫡 thank you for your time and sharing. I heard you say you were in Tennessee what area if dont mind sharing. Im trying to build my channel as I myself reside in Tennessee. I would like to have a sit down when time permits us to do so. 🫡

[@chefsharvestfarm]

Thanks pal 🙏 I’m in Knoxville. But unfortunately I get at least a dozen messages a week from people who I want to come by the farm. I cannot accommodate. I’m very busy and my time is valuable. Thanks for following along on KZbin 👊