The key to a healthy farm operation is planning for the future through succession planning. Doing so will benefit not only you but your family as well. As you sit down to consider what you want for the future, take a look at four reasons why creating your plan is valuable. First, you create financial […]
Tag: farming
When sharing the highs and the lows of life with your family, tension is bound to arise. When you not only live with your family but also work with them on the family farm, that tension can quickly eat its way into the dynamics of your close-knit daily lives. Farm life isn’t the same as […]
What is Farm Mentoring?
Farming is so much more than tilling soil, planting seeds and watering crops. A successful farmer has to have a love of the land, patience and determination. He also needs to know biology, chemistry, animal husbandry, meteorology, business principles and much more. Becoming a successful farmer is no easy task. That is why farm mentoring is […]
Communication is a vital component of any business. Farms are no exception. Whether it is communicating with the family members involved in the running of the farm, or it is with outside employees who help out with the everyday workload, it is extremely important to have an organized system of communicating with each other. Clear communication […]
Just as every small business has its own characteristic strengths and weaknesses, a family farm is built upon a thousand unique factors. Market niche. Natural resources. Weather fluctuations. Worker availability. And… the in-laws. Plan For Success When in-laws come into the picture, start with an open mind. True, the stereotype is that in-laws are always your greatest […]
When family members go into business together, lines can often get easily blurred. On a family farm, bonding time may happen out in a hay-field, and business meetings may happen around the dinner table. When decisions must be made, though, it is important to have a plan for farm family meetings. Why should we plan a meeting? Between […]
Conflict is a normal part of any relationship, whether professional or familial. Although it can make us uncomfortable, conflict isn’t necessarily bad. A good, healthy conflict will help you grow stronger, moving your business and family forward in a positive direction. The key to successfully navigating conflict is communication. Try our 7 tips to handle conflict […]
A farm is not a simple gift wrapped in shiny paper and handed to a child with a smile. It is a complicated operation, and handing it down to the next generation is a complicated process, especially when more than one sibling is involved. Here are some things to consider before you talk to your […]
The first blush of family farming is exhilarating, scary, fun and costly, we all know this. What some may not realize is the toll it can take on extended family relations, especially at the beginning. Non-Farming Family While you and your household may have found your hearts in tilled soil and young livestock, extended family may […]
Farm families in the US, as well as agribusiness owners, need to know that the future of their farms depends on their preparation. Keeping the farm and the family together is something that farmers need to discuss, learn more about, and ensure. Today, over 75% of farm owners do not have a plan of succession […]