Tools for business succession planning

The process of developing a plan to transition your farm business to the next generation need not be a daunting task. The key is to plan ahead, starting now.

Here are some interactive resources and workbooks to help you make generational transitions a success:

The National Agricultural Law Center

Beginning Farmer Center

Planning Today for Tomorrow’s Farms; Tennessee Farmland Legacy

Ag Transitions; Center for Farm Financial Management

Planning the Future of Your Farm: A Workbook Supporting Farm Transfer Decisions, Virginia Cooperative Extension

 

Read Be fair to your heirs in the December 2012 issue of Dairy Herd Management.

1. Ag markets mixed again Tuesday
2. Behold, the power of Greek yogurt’s whey
3. Milk and dairy product prices remain stable
4. Ag markets generally mixed around midsession on Tuesday
5. How China may keep Calif. dairies in business
6. Why commodity feeding?

1. Will Smith dethroned in latest Peterson Farm Bros. parody
2. Uncertainty hangs over milk futures market
3. Chobani pushes back against UK Greek yogurt ban
4. Cattle crush Calif. dairy worker
5. WASDE: Corn price outlook lowered
6. How China may keep Calif. dairies in business

1. Commentary: Clueless consumers
2. Commentary: Why should we care about the farm bill?