Articles Tagged with ''family farm''
Setting exit goals and assessing financial readiness can help you make impactful decisions for your farm during the succession-planning process.
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Boertje Farms' journey from Dutch roots to overcoming cancer on the dairy
Hard work, determination and perseverance aid four generations of dairy producers on Boertje Farms in Visalia, California.
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Succession planning when one child wants the farm
Many parents find themselves in a situation where one child wants to farm while the others do not. This hypothetical explores one option to consider, while stressing the importance of early planning.
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Seeing the whole picture
The Kammerer family has prospered by taking a holistic view on their South Dakota ranch.
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Dating your daughter-in-law
Making an effort to get to know new in-laws can reduce family tension and stress.
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Plugged combines and poor communication stop now
When things on the farm are busy, communication can break down; reflect on the emotions that block negotiation to prevent communication from plugging up.
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Succession planning: Incentivizing the next generation of family farmers
Ideas for encouraging reluctant heirs to the family business include a solid business plan, financial support, profit-sharing plans, incentive bonuses tied to performance and/or milestones, developing an ownership transition plan, mentorship, educational/training opportunities and strategies for work-life balance.
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