Farm Insurance Agents Leverage the Power of a Farm Buy – Sell Agreement

Date March 8, 2010

Whether this article is specifically about farm planning or not we believe it has information of potential value to you. For the most part what works for in-town companies also works on the farm, with a little modification and creativity. Most farmers are of the opinion that one or more of their kids will succeed them owning and managing their farm. But what it it turns out that none of them are interested in running the place?

You have two options.

#1, you can keep working forever (ok you may be able to find someone to rent it) until you simply wear out and die. At that point your widow can put it up for sale.

#2, you negotiate the sale of your place in advance, getting the best price and terms possible, so that your family’s financial future position is secured and known well in advance.

For most of those who choose Option #1 getting the maximum value for your lifetime of hard work is a pipe dream. Read the rest of this entry »

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Small Business Internet Marketing is Like Fly Fishing!

Date March 5, 2010

Whether this article is specifically about farm planning or not we believe it has information of potential value to you. For the most part what works for in-town companies also works on the farm, with a little modification and creativity. In the 21st Century successful farmers will use every possible technique and strategy to succeed. For some that means harnessing the power of the Internet.

Having a professional looking interactive web site is dead simple and virtually free. Expecting folks to find it is another matter, one requiring Internet marketing strategies. When it comes to fly fishing, if you want to be successful you have to fish where the fish are.

When it comes to Internet marketing – success is all about doing the research. Who exactly do you want to reach? What precisely must they be looking for when the find your web site?

And what specifically do you want them to do? Read the rest of this entry »

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Estate Planning : What Is a Bypass Trust?

Date March 4, 2010

A bypass trust in estate planning is a document that allows married couples two tax exemptions on the estate.

Find out what a bypass trust is from an estate planning and probate lawyer in this free video on estate law.

Expert: Brad Wiewel

Duration : 0:2:6

Read the rest of this entry »

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Looking For a Small Business Coach? The Successful Ones Are Different!

Date March 4, 2010

Whether this article is specifically about farm planning or not we believe it has information of potential value to you. For the most part what works for in-town companies also works on the farm, with a little modification and creativity.

Unless you’ve been living in a cave for the last few years, you know that business coaches are everywhere.

If you think a small business coach can help you and your family, how would you choose the right one for you?

All things being equal you’d probably choose a person you like, someone you resonate with and who seems genuine in their approach.

But all things are not equal.

How is it possible that small business coaches who look like they know the same stuff, have participated in the same business coach training, and seem to offer the same services be so far apart in other ways? Read the rest of this entry »

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Legacy Project: With clear objectives the result is success.

Date March 3, 2010

At the Top Producer Young Farmers Program, Kevin Spafford, Farm Journal succession planning expert, a breakout session entitled How to Talk to Dad with Ben Hudye, of Hudye Farms.

Listen to this segment: With clear objectives the result is success.

Duration : 0:1:26

Read the rest of this entry »

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