Farmers Markets. Friend or Foe.
Posted by richrobinson 11 years, 11 months ago to The Gulch: General
I have had some interesting conversations with customers recently about our local Farmers Market. I support the concept and believe it is how business was meant to be done. Producers sell their items directly to consumers. I am in the unfortunate position of having to compete with our local Farmers Market which is within walking distance of my retail store. In todays government controlled world it is clear that Farmers Markets are basically Black Markets. They operate on Saturday and Sunday when most government inspectors are off. Our local market is held on church property so they don't pay property tax. It is unlikely that they are complying with many of the costly mandates that I am. I still support the concept and I am surprised when speaking to customers about this that they usually say that they should "have to pay" their fair share. I always say that neither one of us should have to pay most of these fees. Curious if you all had any thoughts about this.
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You can be a NFP organization, and get special tax treatment for purchases and such, for nearly any type organization, so long as you don't have shareholders and don't pay out dividends. Whatever excess funds that you generate must be used within the organization (pay, growth, etc.) and not distributed to investors.
http://www.youtube.com/watch?v=sFZGATwiG...
Neither is the "employer's portion" of social security shown on the employee's paycheck.
I didn't mean you are a cheerleader. You know I have a thing for cheerleader outfits.
http://www.bing.com/images/search?q=rugb...
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