Transferring ownership from one generation to the next needs to include a process of educating the younger generation before the transfer. Les Banwart has helped many family businesses deal with the challenges of transitioning to the next generation. Les examines how this is handled in this short excerpt from Succeeding with Succession – Expert Perspective. [...]
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Now that their children are grown and on their own, farm owners Ron & Jo are looking ahead to the future of their farming business. When the couple felt it was time to start that conversation with their family, as well as with insurance and legal professionals,… Duration : 0:6:25 Recommended ReadingFamily Farm Succession PlanningWho [...]
Read More...Jim Fiebiger and his son Josh traveled from Fletcher, Ohio, to attend Farm Journals Corn College. The father-son team is interested in how to expand their operation and thought the event could benefit their succession planning. Duration : 0:3:30 Recommended ReadingFamily Farm Succession PlanningWho in The World Requires a Farm Succession Planning Consultant?Are You Someone [...]
Read More...Watch this video to learn about Farm Journal Media’s Legacy Project, an effort to help farmers and ranchers successfully transfer their farms and businesses through generations. Duration : 0:1:46 Recommended ReadingFamily Farm Succession PlanningWho in The World Requires a Farm Succession Planning Consultant?Are You Someone Who Thinks They Need a Farm Succession Planning Expert and [...]
Read More...For farming families nationwide, passing on the farm can be anything but easy. As Norm Hyde reports, by pre-planning your farm transition, the process can be simplified. Duration : 0:1:50 Recommended ReadingFamily Farm Succession PlanningWho in The World Requires a Farm Succession Planning Consultant?Are You Someone Who Thinks They Need a Farm Succession Planning Expert [...]
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