Risk Scenario Planning: Evaluating Risk and Risk Management Strategies is a two-hour, internet-based course with topics covering: An Introduction to Risk, Risk Strategies, Case Study: Gates Creek Land & Livestock, Case Study: Big Country Farms, Case Study: Bell Livestock, Case Study: Z-F Ranch, Risk Scenario Planning Tool Overview, Expectations About the Future, Risk Management Framework, resource links for further research, and many other features.

The Risk Scenario Planning course is available free of charge at RightRisk.org > Courses.

 
Limited Partnerships are partnerships with at least one general partner and at least one limited partner. They can only be formed by filing a written document which names the partners. The biggest distinctions between general and limited partnerships have to do with management rights and limited liability of the limited partners. The Revised Uniform Limited Partnership Act established this business structure and provides the regulations for creating, operating, and dissolving limited partnerships.

Learn more via the recently completed 4-page, 4-color RISK CONCEPTS series, covering seven common forms of business ownership, including the Limited Partnership.

Several RISK CONCEPTS bulletins covering alternative forms of business structure were recently posted and are available for download at: RightRisk.org/riskconcepts.

 
Understanding Risk in Agriculture is an internet-based module including: 1) Self-study materials covering- What is risk, Does Risk Matter, Can Risk be Managed, What Are Challenges to Managing Risk, When is Risk Analysis Justified, How are Risky Choices Evaluated, How is Risk Included When Making a Decision, and Conclusion. 2) Recorded webinar- Posted presentation slides, Posted Introduction, Posted URIA – the first four segments, Posted URIA – the last three segments, Posted Q&A session; all in video and audio-only formats; 3) eBook document for further study; and many other features.

The Understanding Risk In Agriculture module is available free of charge at RightRisk.org > Courses.

 
Limited Liability Companies (LLC) are a creature of statute, recognized in each jurisdiction only by virtue of a legislative enactment in each state. There are three aspects of the LLC that are enticing for new businesses: (1) it can be taxed as a partnership, as a corporation (if such an election is granted by the I.R.S.), or as a disregarded entity if there is only a single member; (2) it is an extremely flexible form of business both in terms of options when creating the business and options about how it is to operate; and (3) it offers all members limited liability.

Learn more via the recently completed 4-page, 4-color RISK CONCEPTS series, covering seven common forms of business ownership, including Limited Liability Companies.

Several RISK CONCEPTS bulletins covering alternative forms of business structure were recently posted and are available for download at: RightRisk.org/riskconcepts.

The Enterprise Risk Analyzer via RightRisk Analytics tool is one of over 30 individual risk analysis tools developed by RightRisk and available free of charge at:RightRisk.org\analytics.

 
The Sole Proprietorship is the simplest business form under which one can operate a business. The sole proprietorship is not a legal entity. It simply refers to a person who owns the business and is personally responsible for its debts. A sole proprietorship can operate under the name of its owner or it can do business under a fictitious name.

Learn more via the recently completed 4-page, 4-color RISK CONCEPTS series, covering seven common forms of business ownership, including the Sole Proprietorship.

Several RISK CONCEPTS bulletins covering alternative forms of business structure were recently posted and are available for download at: RightRisk.org/riskconcepts.

 
The Forage Risk Analyzer tool was developed to help the livestock owner and the land owner understand all the contributions each of them have made to their livestock grazing lease arrangement. It can be used to help design a fair and equitable lease between two parties. It can also be used by a single party to better understand the full set of components that contribute value to their forage resource.

The Forage Risk Analyzer tool is one of over 30 individual risk analysis tools developed by RightRisk and available free of charge at:RightRisk.org\Analytics.

 
Youth are often hired by farmers, ranchers, and other agricultural producers to perform labor or services in return for wages or other remuneration. The federal child labor provisions, authorized by the Fair Labor Standards Act (FLSA) of 1938, also known as the child labor laws, were enacted to ensure that when young people work, the work is safe and does not jeopardize their health, well-being, nor educational opportunities. The FLSA establishes minimum ages for covered employment in agriculture, unless a specific exemption applies.

Learn more via the recently completed 4-page, 4-color Ag Help Wanted UPDATE: What are the U.S. Regulations for Child Labor in Agriculture?

Several Ag Help Wanted updates were recently posted to the website companion for Ag Help Wanted: Guidelines for Managing Agricultural Labor and are available for download at: AgHelpWanted.org/updates.

 
The Risk Scenario Planning tool provides a template for decision-makers to enter the financial effects of making proposed change(s) to their operation. It then adds the ability for the decision-maker to further refine estimates for input values as uncertain numbers. This produces a more robust analysis of the proposed change and a more thorough understanding of the possible outcomes if the change is implemented.

The Risk Scenario Planning tool tool is one of over 30 individual risk analysis tools developed by RightRisk and available free of charge at: RightRisk.org\Analytics.

 
The Fair Labor Standards Act (FLSA) establishes minimum wage, overtime pay, recordkeeping, and youth employment standards affecting employees in the private sector and in federal, state, and local governments. The Wage and Hour Division (WHD) of the U.S. Department of Labor (DOL) administers and enforces the FLSA with respect to private employment, state and local government employment, and federal employees.

Learn more via the recently completed 4-page, 4-color Ag Help Wanted UPDATE: What are U.S. VISA Requirements for Agricultural Workers?

Several Ag Help Wanted updates were recently posted to the website companion for Ag Help Wanted: Guidelines for Managing Agricultural Labor and are available for download at: AgHelpWanted.org/updates.