Successful farmers make sure they insure their business properly. They know how important it is, often from their own experience – or from that of a neighbor.
It is very, very important no matter what kind of business you are into. Farm insurance can save you from natural and manmade disasters, liabilities, and more.
Choosing the right [...]

Posted in Farm Estate Planning, Farming Successfully, Management Succession No Comments »

Training is not new to small businesses or to the Fortune 1000 corporations.
Employees must be trained to learn specific skill sets within their job functions as well as policies and procedures. This is especially true in today’s technology driven 24/7 business world.
During the last 100 years, training has been viewed by some as the necessary [...]

Posted in Farm Strategic Planning, Farming Successfully, Management Succession No Comments »

In three decades working with farmers I have seen dozens and dozens of companies who harness conflict creatively.
And in so doing get the most out of everyone as well as optimum results overall.
They don’t waste time on what’s not working just because it was the bosses idea.
They stop what they’re doing and point out the [...]

Posted in Farm Succession Planning, Management Succession, Planning for Succession No Comments »

Successful farmers know that when farm estate planning and planning for succession are in the offing, the most important thing they can do is put their farm insurance agent in the picture.
Like successful professionals of all types, a well respected insurance agent is one whose relationships with their customers is built on a foundation of [...]

Posted in Farm Estate Planning, Management Succession, Planning for Succession, Succession Planning No Comments »

Is there anyone more important than your business accountant when you are considering the most effective way to manage the farm?
Not only is the role of your business accountant critical with the day to day strategic financial management decisions, their insights are vital when it comes to estate planning and planning for succession.
So, what are [...]

Posted in Estate Planning, Farm Estate Planning, Farm Succession Planning, Management Succession, Strategic Planning for Business No Comments »