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 [...]
Read More...Michael Stolp, vice president of market research and development for Northwest Farm Credit Services, talks about succession planning for family businesses. Stolp says communication is the key to making for a smooth generational transition. Video by Carol Ryan Dumas of the Capital Press. Learn more at http://www.capitalpress.com Duration : 0:2:3 Recommended ReadingFamily Business Estate Planners [...]
Read More...A major priority of any successful succession plan is ensuring that power and authority are truly transferred. Making sure the first generation is comfortable with its own plan is the focus of this short excerpt from Succeeding with Succession – Expert Perspective by Les Banwart. Les has helped many family businesses deal with the challenges [...]
Read More...At the Top Producer Young Farmers Program, Kevin Spafford, Farm Journal succession planning expert, a breakout session entitled How to Talk to Dad with Ben Hudye, of Hudye Farms. Listen to this segment: Its about family—first, foremost and always. To learn more, visit www.FarmJournalLegacyProject.com. Duration : 0:1:0 Recommended ReadingFamily Business Estate Planners Understand the Management [...]
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