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June 28, 2019

How are we learning about succession planning?

What information do current and prospective owners feel they need to overcome hurdles in succession planning?

Avoid the mistakes farmers typically make

After years of family farm coaching, Elaine Froese shares a list of six scenarios that happen in the succession planning process. While not an exhaustive list, it’s a good starting point on what not to do during the transition process.

Focusing on finance – not just the farm

Weather fluctuations, trade uncertainties, higher capital investments, debt financing, narrowing margins and higher risk – to name a few – make management acumen a must-have skill for any successor.
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A different approach

A different approach to succession

There’s something to be learned from every succession story. Anita Burnett, who helps run a diversified operation in Ontario, shares what she wishes she knew going into the succession process and advice for the incoming generation. » Read more...