GREAT NEWS! AFCNA HAS LAYAWAY!
Again leading the way by making it easier and more economical for our shareholders to profit from resale of end products, we are happy to announce our new Layaway Plan. This program offers shareholders an opportunity to benefit from specials and sales that may occur at a time when they are short of cash, or to help them manage their budget and develop an inventory of America’s Alpaca products that can stock a small farm store or fill a customized Trunk Showcase.
It can even be used to purchase your initial Class A share of stock in the cooperative! Continue reading
Communication – too much or too little
Lack of communication from the Board to members used to be one of the top complaints for many years. Apparently we overcompensated because now we are starting to hear we are sending you too much! Obviously, we need to find the sweet “just right” spot.
Credit terms. Cash is King
In 2012, AFCNA lost substantial income due to a customer who took delivery of a large amount of fiber and then ultimately did not pay for it. And because of this previous very unpleasant experience, we are once burned twice shy! We rarely sell on payment terms – nearly all of our sales are paid by credit card. However, there are certain advantages to payment terms such as not having to give up a percentage of the sale to the bank as a credit card fee. Credit card processing fees can be significant on large orders. So we don’t refuse to give net 30 terms but we are extremely cautious.
AFCNA has 2,038 shareholders of our corporation on record. Each shareholder is an Owner. Each owner may only purchase 1 share.
1826 Class A
212 Class B (introduced in July 2012)
Shareholders who have retired and/or sold their shares to another farm are not included in this accounting as they are not shareholders at this time.
Shareholders with whom we have “lost contact” and no longer have a valid phone, email or mailing address on file are included. AFCNA is actively seeking our missing shareholders.
2 Days Left!
To continue Celebrating all the membership has done for us, we are extending the $2 off America’s Alpaca Socks through Sunday, June 26th.
Call the office or place your order online