the thought and effort behind the action. the company incorporated bylaws officers annual tax report...

20
Administration Administration The thought and effort behind the action

Upload: dylan-miles

Post on 05-Jan-2016

212 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: The thought and effort behind the action. The Company Incorporated Bylaws Officers Annual tax report Liability Insurance Clear identification of resource

AdministrationAdministration

The thought and effort behind the action

Page 2: The thought and effort behind the action. The Company Incorporated Bylaws Officers Annual tax report Liability Insurance Clear identification of resource

The Company

• Incorporated• Bylaws• Officers• Annual tax report• Liability Insurance• Clear identification of resource ownership

– Good Shepherd Turkey Ranch, Inc.– Reese Farm– Williamson Farm

Page 3: The thought and effort behind the action. The Company Incorporated Bylaws Officers Annual tax report Liability Insurance Clear identification of resource

Board of Directors

• Frank Reese, Jr., President

• Jeff May, Vice President

• Dave Mueller, Vice President

• Danny Williamson, Secretary/Treasurer

Page 4: The thought and effort behind the action. The Company Incorporated Bylaws Officers Annual tax report Liability Insurance Clear identification of resource

Monthly Meetings

Mission – everything is filtered through this lens

• All meetings are tape recorded

• Follow Roberts Rules of Order

Page 5: The thought and effort behind the action. The Company Incorporated Bylaws Officers Annual tax report Liability Insurance Clear identification of resource

Agenda

• Previous minutes

• Financial Report– Payables – receivables – checks written – cash flow – financial projection

Page 6: The thought and effort behind the action. The Company Incorporated Bylaws Officers Annual tax report Liability Insurance Clear identification of resource

Agenda

• Inventory– sold – in storage: fresh, refrigerated and frozen – coming in – sent to primary customers – at processing plant – What’s not selling

• develop plan based on shelf life, product value

Page 7: The thought and effort behind the action. The Company Incorporated Bylaws Officers Annual tax report Liability Insurance Clear identification of resource

Agenda

• Line of Credit– Status– Payment schedule– Interest

• Old Business

• New Business

• Agenda & officiator set for next meeting

Page 8: The thought and effort behind the action. The Company Incorporated Bylaws Officers Annual tax report Liability Insurance Clear identification of resource

Roles – Danny Williamson

• HACCP• Labeling• Website• Orders• Shipping – liaison with processor on this• Record keeping & archives• Book keeping• Meeting notification & agenda development• Reception – calls go to him

Page 9: The thought and effort behind the action. The Company Incorporated Bylaws Officers Annual tax report Liability Insurance Clear identification of resource

Roles - Jeff May

• Liaison between GSTR and farmers– Meets with every farmer every 2 months– Helps set up farm plan– Manages all contracts

• Rules & Regulations

• Liaison with Processing– Negotiates terms– Establishes dates

Page 10: The thought and effort behind the action. The Company Incorporated Bylaws Officers Annual tax report Liability Insurance Clear identification of resource

Roles – Brian Anselmo

• Customer Relations– with new customers– When there are shortages & replacements

• Processing– On-site rep– Product distribution & delivery

• Liaison between GSTR hatchery & farmers– Hatchery record keeping– Learning to run hatchery– Delivers day-olds to farmers

Page 11: The thought and effort behind the action. The Company Incorporated Bylaws Officers Annual tax report Liability Insurance Clear identification of resource

Roles – Frank Reese

• Oversees entire operation– Mediator / Negotiator both inside and outside of GSTR

• Genetics– Manages breeder flocks – Operates GSTR hatchery

• Quality Control– Liaison with Graders and USDA– Decides what’s Grade A and downgrade

• Marketing, Promotion & Sales– His story and his face sell the product– Liaison with primary customers– Developing new markets

Page 12: The thought and effort behind the action. The Company Incorporated Bylaws Officers Annual tax report Liability Insurance Clear identification of resource

Production Planning

• 1 year in advance

• New business: – Chickens: Contract

+ 6 months

– Turkeys, ducks & geese: contract + 12 months

Page 13: The thought and effort behind the action. The Company Incorporated Bylaws Officers Annual tax report Liability Insurance Clear identification of resource

Communication

Communication is imperative!

If the chain of communication is

broken, quality suffers and the market it lost

Page 14: The thought and effort behind the action. The Company Incorporated Bylaws Officers Annual tax report Liability Insurance Clear identification of resource

FinanceFinance

Page 15: The thought and effort behind the action. The Company Incorporated Bylaws Officers Annual tax report Liability Insurance Clear identification of resource

Financing

• Sources of funding– Loans– Credit– Personal resources– Enterprise Income– Other

• Cash flow issues

Page 16: The thought and effort behind the action. The Company Incorporated Bylaws Officers Annual tax report Liability Insurance Clear identification of resource

Promotional Expenses

• Free birds + overnight shipping

• Posters

• Apron cards

• Promotional visits

• Other

Page 17: The thought and effort behind the action. The Company Incorporated Bylaws Officers Annual tax report Liability Insurance Clear identification of resource

Marketing Expenses

• Label development

• Label approval

• Educating potential buyers

• Negotiating

• Other

Page 18: The thought and effort behind the action. The Company Incorporated Bylaws Officers Annual tax report Liability Insurance Clear identification of resource

Pay & Benefits

• No one on the Board currently gets paid

• All have off-farm income– Frank works

• On farm: 7-8 hours/day x 7 days/week x 52• Off farm: 6 hours/day x 5 days/week x 52

• Hope Board can one day be paid as consultants

Page 19: The thought and effort behind the action. The Company Incorporated Bylaws Officers Annual tax report Liability Insurance Clear identification of resource

Farmer Relations

GSTR contracts are different from industry

• Allowed to keep other livestock and poultry

• Allowed to sell eggs and meat beyond contract obligation (e.g. Farmers’ Market)

Page 20: The thought and effort behind the action. The Company Incorporated Bylaws Officers Annual tax report Liability Insurance Clear identification of resource

Farmer Relations

• Farmers own birds & buy feed

• Farmers pay for transport to processor– $1500 per truck

• Farmers get paid according to grade