Farmers with a written business plan average returns on their assets five times higher than those who don’t put pen to paper.
The speakers also emphasized the need for a transition plan. Farm succession, compared to selling any other type of business, is a difficult, emotional process that can open the door to a lot of ...
Explore the critical importance of liquidity in farm inheritance planning and how it can safeguard your family's legacy.
The survey will help the state Ag Business Development Center identify challenges and opportunities for farm transitions, and ...
The transfer of a farm from one generation to the next is not just a business deal, it’s a legacy transition with layers of ...
A planning statement submitted to the council said: "Rural diversification is of an increasing importance to those who run an agricultural business. "Within rising uncertainty in farming ...
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