Now that their children are grown and on their own, farm owners Ron & Jo are looking ahead to the future of their farming business. When the couple felt it was time to start that conversation with their family, as well as with insurance and legal professionals, they engaged their Farm Bureau Financial Services agent [...]
Read More...Business succession planning can be a sensitive topic. This video shares insights into one family’s business succession planning experience. Visit http://www.small-business-transition.com/?utm_source=video&utm_medium=YouTube&utm_campaign=SBT to learn more about developing a business transition or succession strategy for the business you’ve worked decades to build. Farm Bureau Property & Casualty Insurance Company Western Agricultural Insurance Company Farm Bureau Life Insurance [...]
Read More...Family members may have shareholder rights, but should they work in the family business based on relation not merit? Some children feel employment is their right. Some Duration : 0:3:14 Recommended ReadingFamily Business Estate Planners Understand the Management Succession Planning ProcessLen Green Innovation Discussion – Part 1 of 3Family Business Management5 Tips to A Better [...]
Read More...A lot of business owners don’t want to think about the problems a family meeting can raise. An owner still needs to share how he wants his Duration : 0:2:28 Recommended ReadingFamily Business Estate Planners Understand the Management Succession Planning ProcessLen Green Innovation Discussion – Part 1 of 3Family Business Management5 Tips to A Better [...]
Read More...Conflict can happen at all levels of a family-run business. In any work place there are areas for conflict to grow and the best way to handle it is by facilitating a discussion. Les Banwart has helped many family businesses deal with the challenges of transitioning to the next generation. Les digs into the benefits [...]
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Family Business Succession – Yahoo! News Search Results