Buying the family farm involves more than just putting money away – think creativity in saving, investment and loan management.
If a farmer dies without a will, knowing the nuances of provincial estate law regulations can save survivors money.
It’s never too early to start discussing financial basics and giving your kids opportunities to learn the business side of farming.
When it comes to transition planning, farm and non-farm businesses have many things in common. Transition expert, Nevin McDougall shares best practices for both.
Farming opportunities come in many forms. For the Payne and Steele families, the least expected way forward ended up being the very best.
Learn about each piece of a business plan and what to include in each section to set you up for success. Part 2 of 2.
Learn how to create a business plan that works with your transition plan and how both are key your future success. Part 1 of 2.
Values, vision and goals are three things that build powerful teams and successful farm transition plans.
Joining the operation as a junior partner takes grit, work ethic and a solid plan to show your value. Family business consultant Jolene Brown shares lessons every next gen in a transition needs to know.
Are you transition ready? Here are three categories to help you assess where you’re at and if you’re ready for the next step.