View As Webpage | View Archives | Email a Friend

 
 
 
MMMM d, yyyy
NEWS 
 
FBC

The importance of good communication

Good communication is required for farm families to follow through with a succession plan, but what worked a generation ago doesn’t cut it nowadays, according to Richard Cressman, a communication coach based in southeastern Ontario.


Advice from a management consultant

Whether you’re at the beginning of the succession planning process, in the midst of transitioning or about to complete the process, there are different elements to keep in mind. We caught up with Terry Betker, president and CEO of Backswath Management Inc., for advice at all stages of the process.


The keys to financial security

Lance Stockbrugger, chartered accountant and farmer, explains that setting up your farm for succession success sometimes means paying a little more in the short term so you can realize long-term goals for both your family and your farm.


Viewing succession as a process

As Darrell Wade, founder of Farm Life Financial Planning Group and a certified member of the Canadian Association of Farm Advisors, explains in our Q+A, a good succession plan requires lots of different pieces that must be put in place over time to ensure the business survives for generations to come.
 
Sponsored Message 
 
MNP

Succeeding at Succession

As the farming populations ages, having a succession plan is more important than ever, yet less than a third of farms in Canada have a plan in place. At MNP, our teams of succession professionals work closely with you to develop your TransitionSMART™ plan so you're well prepared to transition your business to the next generation and exit on your terms. Helping you every step of the way, we'll address each of the S.M.A.R.T. factors (Succession, Maximizing value, Asset and wealth management, Retirement needs and Taxes) with you, your family and stakeholders. >> Read more here
 
Events 
 

Grower Day ‘17

June 21, 2017
Location: St. Catharine’s, Ont.
» Learn More

North American Manure Expo

August 22-23, 2017
Location: Arlington, Wisconsin
» Learn more

2018 Herbicide Resistance Summit

February 27-28, 2018
Location: Saskatoon, Sask.
» Learn More