Starting a Farm in Ontario - Business Information Bundle for New Farmers

New Farm Business Structures & Succession Planning

Deciding how you want to structure your new farming operation in order to capture the best return on investment is an important decision. The majority of new farmers will feel that sole proprietorship is the best business structure for a new farming operation. However, partnerships, corporations and joint ventures are also options. Small operators may also want to consider a cooperative, especially for marketing their products or service.

Farm Business Structures

For new farmers who already have access to land, capital or equipment because they are part of an existing farm family operation, or farmers who are "going back to the farm", a succession plan can help establish the business structure.

Succession Planning

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Toll Free: 1-877-424-1300
Author: OMAFRA Staff
Creation Date: 12 March 2010
Last Reviewed: 21 August 2013