Farm Succession Planning » Strategic Planning for Business

Farmers Doing Estate Planning Want To Know The Characteristics of Exceptional Business Accountants

admin — Tue, 23 Feb 2010 15:49:56 +0000

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 the characteristics of an exceptional farm business accountant?

In a nutshell exceptional business accountants are well trained, experienced accountants who work well with others.

For example, an accountant who is not a CPA yet who is willing to call in specialists whenever and wherever needed is more valuable to you and your business than a hot shot expert who suffers from the NIH Syndrome (Not Invented Here) who is unwilling to admit to their limitations and actively seek advice from others on your behalf.

Read the entire article right here: Characteristics of Exceptional Business Accountants

Technorati Tags: business accountants, estate planning accountant, farm estate planning accountant, small business accountant, small business estate planning accountant

Planning And Succession – Better Results Come From Higher Productivity

admin — Tue, 16 Feb 2010 20:23:46 +0000

I’ve really never met a farmer who has ever done a formal productivity assessment.

If they had they would know how unproductive their days are, in terms of bottom-line results.

We all spend a huge percentage of our time doing stuff – working harder though is not the answer. It used to be, but not any more.

An honest productivity assessment would uncover just how productive your efforts are.

The 80/20 rule, often called the Pareto Principle, illustrates that often 20 percent of efforts lead to 80 percent of our results.

What would our bottom line results be if we could devote dramatically more than 20 percent or even 30 percent of our time to staying focused and productive?

When you are a life member of our community you have access to Passing Down the Farm 2010.

You will come away with a better understanding of the power of letting go, the benefits of sharing responsibility, and you’ll be ready to focus on what’s really important – stop majoring in minors and get on with it.

You’ll also learn how to leverage the power of your peers – to dramatically expand your decision making ability, you’ll stop dithering about important decisions because your successful peers will have helped you test your assumpyions thoroughly!

Here s an article that will tell you a lot more about it, Three Smart Ways To Plan Your Day For Higher Productivity

Technorati Tags: leadership and productivity, productivity and management, productivity development

Passing Down The Farm in 2010

admin — Fri, 01 Jan 2010 06:18:01 +0000

“Passing Down the Farm, the OTHER Farm Crisis” was based on our experiences helping farm families plan for the future of their farm business during and beyond their lifetimes.

In 2009, using this interactive web site, we made some dramatic improvements to our farm succession system, one that puts farmers in charge of their own long term future.

Improvements based on what we’d learned helping farmers over three decade create their organization’s future beyond the current generation.

Farmers Must Have Leadership Heroes

admin — Tue, 16 Feb 2010 13:47:30 +0000

Who are yours? What make you want to follow their lead?

Leaders, those worthy of being our leaders anyway, always take the responsibility and privilege of leading us seriously.

They know that is we believe in them, based on their actions, we’ll follow them willingly.

As followers we trust them implicitly to consider our best interests when making decisions that effect us.

Today there must be leaders at every level watching out for any pot hole in the road between where you’re going right now and where you want to be in the future.

Leaders during good times – when everybody can see where they should be going are important but leadership and business management is even more important when things go bad.

That’s when we expect our leaders to be able to see around corners, through the trees, and over the horizon.

Here is an important leadership and business management article you should read!

Leadership and Business Management Heroes Inspire Us To Act

Technorati Tags: leadership and business management, Leadership Development

Farms Planning For Succession Require Change Management Leadership Skills

admin — Sun, 14 Feb 2010 20:23:42 +0000

Successful farms understand that their real success will be determined by their family.

It will be measured by how successful they are at managing change, change in the farm’s leadership as it is transitioned from the current senior generation to the next.

Unfortunately many of you will not make the grade.

This article, written for us by a small business strategic planning consultant and coach will show you how to take the steps you’ll need to take, if you expect long term success.

Click —> To

Change Management: How Your Leadership Can Separate Business Symptoms from Problems

Technorati Tags: change leadership, change management, farm leadership, Leanne Hoagland