No One To Farm
Don't assume your children will want to take over the family business. You have to educate and engage them early to gauge their interest.
January 18, 2014
Don't assume your children will want to take over the family business. You have to educate and engage them early to gauge their interest.
March 18, 2013
Giving children an early inheritance can lead to post-traumatic gift disorder (PTGD).
January 18, 2013
Giving children an early inheritance can lead to post-traumatic gift disorder (PTGD).
March 18, 2012
At 52, youthful Jeff Topp and wife Jan prepare for a surprising second act: Instead of the hectic daily duties managing the family's grain elevator, 19,000 acres, seven crops and commercial and...
February 18, 2011
Power shifting in any business is often uncomfortable. Is the older generation ready to hand over some power and is the younger generation prepared to assume responsibility?
December 18, 2010
Family business consultants often suggest that families in business adopt a policy encouraging farm kids to go to college or technical school, and then work somewhere else for a few years before...
November 18, 2010
Requiring an off-farm apprenticeship will build appreciation for home-farm experience and broaden a successors skill set.
September 18, 2010
Perhaps you've heard the saying that goes something like this: What's the opposite of the word "pro"? To which most people answer, of course, "con." So what's the opposite of progress? Congress! When...
July 18, 2010
Sharing decision-making is key to preparing the next generation for ownership.