Archive for August, 2009

What Family Business Consultants Do

Family business consultants can help families look at things from the outside in.  Let’s face it, we all want to take care of our families and we want to take care of our businesses – in part because a well cared for business will take care of us. On the one hand we have today’s [...]

When It Comes to Farm Succession Planning, You Must Be Willing to Ask For Help

Passing down the farm is a many faceted equation, and because it is unlikely that you have already been through it recently, it will require you to ask for help from those likely to know more than you. It includes elements of strategic planning, farm succession planning, and farm estate planning. Are you willing to [...]

Farm Succession Involves Setting Critically Important Goals.

If there is one reason why farm succession planning should start sooner rather than later it’s because the decisions made early on can have a dramatic impact on everyone involved.
One effect is psychic, it makes us all feel better, more assured, and confident when we know as much as possible about what’s in store for [...]

Farm Succession is a Process Not an Event

That’s right, farm succession is not an event, like going to the Dentist’s office – something you probably do only when you have a tooth ache that has beaten out your usual remedies. Farm succession should be more of a life style. It should start early, is adjusted often, and be constantly in focus.
Needless to [...]