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Linking Succession with Business Planning
Business planning and succession planning are often seen as two separate topics, but fusing them together is a must if farming families want to safeguard their business’s future. After all, if the long-term business objectives of the current farming generation do not fit with that of the successor this could result in long-time business challenges. At the same time, if different people have varying expectations of how the farm will be divided, this could lead to a will being contested and potentially the end of the business. This business insight explores the succession process with this in mind.
Issued November 2019.
About Kingshay insight publications
insight publications replace the Farming Notes which have been produced by Kingshay since 1991, publishing on issues critical to the success of a modern dairy farm business. These briefings which now include dairy insight, business insight and research insight, provide dairy farmers, large animal vets, farm consultants and other interested parties with the most important and timely information in a concise two-page format. The information contained in our insight publications is written and updated by our experts to ensure accuracy and save you time.
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