Unless explicitly removed by statute, common law rights remain in force, and any rule that seeks to limit existing rights must be interpreted very narrowly.
The correct use of new technology can help a farmer become more profitable. However, being an early adopter of new technology holds risks that must be managed.
Trust is a potent force for good. Break it, and you and your business could suffer severe consequences.
Discord and bickering among members set a family business up for failure. A well-managed family council may be the answer.
There is a good chance that an assessment based on a ‘secret audit’ will be set aside in the absence of extenuating circumstances.
Ownership, directorship and management are three distinctly different roles. Be sure to remunerate fairly and correctly in each case.
In these uncertain times, it can pay to get involved in alternative investments. In fact, these have a number of advantages over stocks and shares.
Farmers living under the constant threat of farm attacks do not have the luxury of discussing this issue in academic terms.
The importance of a succession plan for a farming business cannot be underestimated, and must be prioritised.
Stock in trade is the lifeblood of a business. When stock is lost, or destroyed, the loss normally gives rise to a tax deduction. But this is not always the...
Ignoring succession planning, especially in a family business, is highly irresponsible.
Without proper education and mentorship, transformation projects are doomed to fail.
