Succession Planning

“I have adopted strategic business management because it allows me to enjoy my time on the tractor, and evenings with my wife.” Cedric MacLeod

Before he started succession planning, Kevin Olson first got pretty good at avoiding it.

When the Keddy family first began succession planning, their advisor had a grim warning.

The statistics suggest one story. Young farmers tell another.

After the dream of having a business, there's the dream of making a good exit!

Pat Dunphy didn’t take a ‘kid takes over from dad’ route into agriculture. But the PEI farmer’s unconventional career path may soon be more common.

Justin Beck has one big tip for beginning farmers: If you want to succeed on the family farm, get away from it.

A lifetime in farming brings perspective. Two veteran farmers, Jean-Guy Vincent and Garry Meier, share theirs – one has some advice for young people entering farming while the other offers some thoughts for those passing on their operations.

To grow the farming business you have today, you've invested years of your life and the bulk of your financial assets. But sooner or later, it's inevitable that someone other than you will own and run your farm.

Succession planning is a thorny issue – not because the plans can be complex, but because it raises so many questions that need to have answers. And these answers come from people whose feelings might easily be hurt.

Every farm teams wants harmony on their family farm and this book will show you how to get it. You’ll gain insights into how family systems...

Directory of Canadian Agriculture Associations

Agriguide.ca provides contact information...

The surest way to reach a business goal is to plan on it. Successful Manitoba agribusiness owners are focused people. They have clear, flexible,...

Why do so many family businesses have a hard time starting the tough conversations they KNOW they need to have?

Elaine Froese thinks...

Do you want to encourage your family to learn how to connect, communicate and celebrate? Do you want some common sense tools to help you get...

EXECUTIVE SUMMARY

FMC’s 2nd annual National Farm Business Management Innovation Roundtable took place in...

The surest way to reach a business goal is to plan on it. Successful Manitoba farmers are focused business people. They have clear, flexible,...

The Retiring Farmer Process comprises both business and personal goals and values that speak to where you are today and where you wish to go....

The first step in an orderly planning process is a self assessment of farm business management practices. These practices include the nine...

The first step in an orderly planning process is a self assessment of farm business management practices. These practices include the nine...

The Alberta Agriculture and Rural Development YouTube channel features videos from Alberta Agriculture and Rural Development of interest to farmers, ranchers, food processors and the general public in the province.

The official Manitoba government YouTube channel for agriculture. Subscribe for notifications on the latest uploads and share your favourites.

Take Control - Transition Planning for Owners in the Food Processing Industry: This program will teach business owners how they can effectively transition out of their business when they’re ready to retire, or move on to another endeavour.

Developed by AMI in partnership with The BDO SuccessCare ProgramTM, Choose Your Own Farm Succession is a step-by-step guide that will walk you through a succession plan tailored specifically to your family succession scenario.

by Susan Hayhurst
Posted to Farm Futures website (farmfutures.com) July 8, 2013

Most...

Article posted to Drovers Cattle Network website July 10 2013. Written by Dennis Stein of Michigan State University Extension.

This five-part series takes viewers directly to kitchen tables of Ontario farm families as they explore the issues that make or break their farm succession plans.

Blog by Tom Phillips from the Centre of Excellence in Farm Business Management Massey & Lincoln Universities New Zealand ex Pasture based Dairy Consultant & Group Facilitator in UK.

Despite succession planning being a much publicised recurring issue, many farmers do not have a plan in place.

Audio podcasts on numerous subjects, including personal & family financial literacy, board governance, estate planning, leadership, facilitation, conflict management, horticulture, and more.

 

Click here for a list of Agriwebinar® presentations tagged under the Succession planning theme.