Articles Tagged with ''transition plan''
Change is difficult, whether it is a change in business or transitioning the business from one generation to the next. Develop a plan and effectively communicate between parties to avoid a failed transition.
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A farm-level view: How technology is propelling Pennsylvania dairy farms forward
Three dairy producers discuss how technology, innovation and diversification have helped them on the farm.
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Wisdom to mentor the next manager on your farm
Questions to ask and answer when developing a new farm manager.
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Don't let tough conversations get in the way of a successful farm transition
Mediators share tips to make discussions about transition planning easier.
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Own your future: Answers to some of the toughest succession planning questions
A candid discussion about planning for and going through farm transitions by a panel at a recent conference.
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How to get your non-farm siblings onboard with your farm vision
Financial transparency and open discussion can help keep families and farms together.
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Manageable steps to make progress with succession planning this year
Succession planning is a marathon – not a sprint. Families should identify their goals, create a plan and establish a tempo that works for them in order to sustain the momentum needed to reach the finish line.
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Success in succession planning – legal and mediation
Legal and mediation can pertain to any number of different facets of succession planning, including estate plans, trusts and wills, updating limited liability corporations (LLCs) and setting up marital agreements.
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