Title: Identify AFNR business structures.
Course: Operating the Farm Business (18301-III) > Section: Diversifying Agricultural Enterprises

Identification should include

- cooperatives
  - defining cooperatives
  - listing the types of cooperatives
  - researching the benefits of cooperatives
  - differentiating between successful and unsuccessful cooperatives
- limited liability company (LLC)
- corporation
- partnerships
- sole proprietorship.

Process/Skill Questions:

- Why would one want to become part of a cooperative?
- What are some factors that determine a cooperative’s success?