March, 2010
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The 3 P’s of Succession Planning
As advisors, we are actively involved in succession planning for farmers and other businesses. This is usually a long process and will change over time and as the generations involved grow and mature, their goals will usually change. There are three main goals related to this planning: Protect – The primary goal of any succession […]
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Farmers are Blogging
I have enjoyed doing my blog for about a year now and have now started to see some farmers using a blog to communicate with their landlords, neighbors, bankers and others that might be interested. Reading the latest issue of Successful Farming, I noted an article on the Martin Family Farms in Logan County, Illinois. The title […]
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Some Steps to a Farm Transition
Having just recently returned from my taping for the Legacy Project on farm succession planning, I will be trying to do several posts over the next few weeks on this very important subject. Elizabeth Williams from the DTN/Progressive Farmer had a very good post on the five steps needed for the farm transition. The article […]