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FAMILY MATTERS 
 

Navigating family dynamics

What are the common areas of family tension during a transition? Two family coaches identify first steps to help farm families start to defuse those mines and begin creating a unique path to a successful transition.


The top ten mistakes that break up a family business

In this short video, family farm consultant Jolene Brown provides some tough love and touches on everything succession-related, from in-laws and out-laws, off-site family and more.


How to choose a successor

While various family members may have ideas about who’s entitled to inherit the farm, it’s about finding who has the skills to keep the farm going in the long run.
 
Sponsored Spotlight 
 
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Succeeding at Succession

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Successor

What to do if you don’t have a qualified successor

Selling your farm is not the only option. For farm owners without an obvious successor, there are several options that might work out better, including negotiating with your buyer or using ag recruiting firms to find a successor. » Read more...
 
FIVE-POINT SERIES 
 
Five Points

Five questions you need to ask yourself for succession planning

  1. What timelines are you dealing with? When do you want the succession plan developed?
  2. What do both parties want?
  3. Is there a consensus on the process you’re going to use? Will you involve outside help or conduct weekly meetings?
  4. What will everyone’s roles and responsibilities be throughout the process?
  5. Have you written any of your transition plans down?
» Learn more...
 
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