Argus Farm Stop: Can a Low-Profit LLC be Scaled to Save the Family Farm?
Argus Farm Stop is a year-round farmers market store in Ann Arbor, Michigan. The owners launched the business with a mission to improve support for local farmers and offer the community better access to locally-produced food. The Argus model is a consignment arrangement so that farmers and other local producers can sell more directly to customers and retain more of the profit. However, though growing in revenue and having opened a second store location, Argus is not profitable. How can this business be scaled while still adhering to its mission?