Articles Tagged with ''succession planning''
Cash flow, management and ownership contingency plans, compensation, communication and conflict are five factors that can make or break generational continuity.
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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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Success in succession planning — financial analysis
A business transition comes with significant financial implications. Building a strong succession plan takes time and investment.
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Killing anxiety on the family farm
Lack of transparent understanding regarding succession planning can increase anxiety and stress while causing division within the family.
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Transition plan, robotics strengthen family’s dairy legacy
Strong family relationships and outside advisers position Kurtland Farms for another generation.
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From one farm kid to all the others out there
Four considerations for transition planning include persistence, open communication, understanding how setting up business entities will affect the operation and developing a will.
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Stop the in-law rant, change your behaviour
Conflict resolution tools to better the in-law relationships on the farm
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