What is going on in September?

From a Hair Salon to a Poultry Farm – Retirement as a Business Owner

I grew up in Vietnam in the rice fields, just another type of farm, though I enjoyed working with animals back then too. I spent most of my business life working seven days a week in a busy hair salon in Los Angeles. After 20 years of non-stop service work, I was ready to retire. But that business and location were expensive for raising a family, so not quite as ready financially.

The Tennessee Agricultural Enhancement Program (TAEP) was established in 2005 to provide cost share dollars to agricultural producers to make long-term investments in Tennessee farms and communities. Participation allows producers to maximize farm profits, adapt to changing market situations, improve operation safety, increase farm efficiency, and make a positive economic impact in their communities.

More than $224 million has been invested in 74,619 producer projects from 2005 through 2021. Each TAEP dollar generates $6.09 in local economies.

Check with your accountant to see if this program is right for you and your operation. The annual application period is October 1-7, 2022.

Happy National Chicken Month

Happy National Chicken Month! 🐣🥚 Supporting almost 500,000 jobs in the US, the poultry and egg industry is crucial to the economy and among the most significant resource in food production. Thank you to our customers and partners in the industry. We appreciate all you do! 🐓

Take the time to thank those around you working tirelessly to provide us with daily sustenance.

Solving the Puzzle of Poultry Farm Financing

Before deciding to purchase or expand, borrowers should consider what they currently have, what they want the money for, and what their plan is for the future. A particular goal or need has brought them to the borrowing arena: they have a dream, are looking to make a career change, or they want to build something for the future. At that point, we can begin to solve the financial puzzle, determining together what they can afford. And if they can’t afford it now, we’ll discuss what they need to do in order to afford it in the future. A lender will ask many questions.

Introducing: Heath Allen

1. Role at FFB: Ag Loan Officer

2. Family: Lasea (wife) and Briggs (son)

3. Education: B.S. Ag-Business from Arkansas Tech University

4. Hobbies: Anything outdoors, but primarily hunting and fishing

5. What is your favorite thing about working at FFB? Making an impact in agriculture

6. Do you have an unknown talent?

None

7. Favorite place you have visited? Duck hunting the flooded timber of the White River National Wildlife Refuge

8. What is one thing you would like to learn more about? Investing in the stock market

9. Words you live by or funny story about you? “Enjoy the little things, for one day you may look back and realize they were the big things.”

Easy Baked Chicken Breast

Ingredients

4 skinless, boneless chicken breasts halves
2 tbsp olive oil
1 teaspoon coarse sea salt
1 teaspoon paprika

Directions

Preheat oven to 400 degrees F
Rub chicken breasts with olive oil and sprinkle both sides with salt and paprika. Then place the chicken in a broiler pan.
Bake chicken breasts at 400 degrees for 10 minutes.
Flip the chicken and cook another 15 minutes until no longer pink in the center and the juices are clear. An instant-read thermometer inserted into the center should read at least 165 degrees F
Serve immediately alongside vegetables, potatoes, or your favorite side dish!

From a Hair Salon to a Poultry Farm – Retirement as a Business Owner

Attention Tennessee Growers