Family Business Succession in Farming

Succession planning as a farmer can be challenging for all involved in the family business. Only 13% of family run businesses have a succession plan in place and that is reflected in the statistics, with only 30% of family run businesses surviving into the second generation.

Having an effective succession plan is vital and it should be an intrinsic part of the overall planning for the long-term future of the business and not treated as a separate issue, as it is a process and not an event.

Although there is no one-size-fits all solution, during this workshop we will help start you on this process to help you develop a transition plan from one generation to the next.

In this FREE session we will focus on two key areas:

  • Understanding the dynamics of a family business
  • Planning for a generational change in a farming business

Much of the information we will cover is relevant for any family planning how they approach moving assets from one generation to the next and is a good starting point for discussions and planning.

Date: 20 January 2022

Time: 2.00pm to 3.30pm

Location: Online via Zoom. If you haven’t used Zoom before, here is a guide on how to join the meeting.

 

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Date

Jan 20 2022
Expired!

Time

2:00 pm - 3:30 pm