Recently there have been a few high-profile embezzlement cases at nurseries. Just in Oregon, almost $5 million was stolen from two nurseries. Any industry can be impacted by embezzlement and fraud. Fraudsters generally don’t target a specific industry. They end up seeing an opportunity where they work. The best way to stop an embezzlement is […]
Proper credit
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Nurseries need to play it safe when it comes to setting payment terms In 2006, about six years after he founded JLPN Inc., a nursery seeding operation in Salem, John Lewis had finally reached a point where he was ready to begin operating on cash. Up until then, the business had been run largely on […]
Working assets
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Educating workers on personal finance helps both the employer and the employee Articles seem to be published every day about how individuals will have to work well past retirement age because they haven’t saved enough for retirement and Social Security soon won’t be sufficient to meet their income needs. “Saving more” isn’t the simple solution […]
Money efficiency
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These tips will help growers spend their business dollars wisely As a business owner, you want to spend your money on what provides true, long-term business value. Because nurseries can rely heavily on cash flow to keep their operations running, it’s important to understand where your money is going and plan for your capital investments. […]
Major agricultural lender forecasts improved growth for Oregon nurseries in 2015
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Oregon’s gross nursery sales look like they will exceed $800 million in 2014, and they could very well go even higher than that in 2015, Bob Boyle told OAN members at the November 21 meeting of the OAN Willamette Chapter, which took place in Salem. “I think I’m as bullish now on the industry as […]
Small business loans for nurseries affected by drought
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Small, nonfarm businesses — including nurseries — in 13 Oregon counties and neighboring counties in California are now eligible to apply for low-interest federal disaster loans from the U.S. Small Business Administration (SBA). These loans are intended to offset economic losses caused by drought conditions in the following Oregon counties: Grant, Josephine, Baker, Crook, Curry, […]
Oregon launches loan program for young farmers
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Demographic tides are moving farmers, as a group, in an older direction. The average U.S. farmer is now 59.6 years old — up from 57.5 in 2007 and 54.9 in 2002. Oregon is not immune to this trend; in fact, Oregon farmers are, on average, even older. It’s a trend that state officials and industry leaders […]
Bailout bill contains provisions that can help nurseries
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When Congress passed the Emergency Economic Stabilization Act of 2008, better known as the bailout package, it provided $700 billion in relief to the troubled financial industry. However, it also included many provisions that could benefit the nursery and greenhouse industry directly through tax incentives and other tax deductions. Steve Shropshire of the law firm […]
Green industry consultant organizes motivational seminar
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“It’s a Great Time to be in Business,” a free webinar developed by green industry consultant Jim Paluch and his firm, JP Horizons, will take place from 10-11 a.m. (Pacific Time) Thursday, Dec. 18. It will include a series of presentations with an overall theme of how to thrive in any economy. Subject areas covered […]