Succession planning: the time to talk is now
In this first article in a new series on how to run a family farm successfully, Trevor Dickinson, CEO of specialist consultancy Family Legacies, writes that the key to a...
How to keep the family business in business
Very few family farming operations transition effortlessly from one generation to another. The process requires careful planning, hard work and a lot of patience. Annelie Coleman spoke to several experts...
Succession planning: delay it at your peril
It’s tempting to put off the difficult job of succession planning. But if you wait too long, you could end up destroying a profitable business and harming family relationships.
The importance of succession planning
Succession planning is a process that occurs over time, which ultimately involves the transfer of the farm business assets. It depends on the needs and wishes of the owner.
Succession: are you and your farming business ready?
Succession planning of the family farm is often taken for granted as the transition to the next generation is assumed to be an uncomplicated process. Little or no thought is...
How to implement a succession plan
The importance of a succession plan for a farming business cannot be underestimated, and must be prioritised.
