Posts Tagged: Farm Transfer

5 steps in effective succession planning

Three generations of farmers standing in front of a combine

  As agricultural producers start to think about planning for the eventual transition of their operation to the next generation, there are five essential steps that will facilitate a smooth transition and help ensure the financial stability of all involved. Build a thriving, profitable business. Yes, this is what most businesses aim for, but with… Read more »

Off-farm experience can improve generational transfer

A smiling father and son on a farm

  Farming and ranching take commitment, and when it comes to passing on an operation they’ve spent their lifetimes building, most producers want to make sure it’s going to someone who is qualified and who’s as committed as they have been. Ideally, many hope this is their children. One way to make sure that they’re… Read more »