The best succession plans start early and allow a gradual transition, slowly and continually providing opportunities for the next generation to develop the skills they will need to take over the business. At the same time, this transition allows the older generation to evaluate the potential successors, grooming and developing them based on their desire to take over the business, and their aptitude and skills to continue its growth and prosperity...



When profits are up it’s easy to think about what your lender can do for you: finance new equipment, maybe a new building or a land purchase.  When times get a bit more stressful however, your lender may not be on your radar as someone to turn to for  help. It’s important to know that we are here for you both in good times and bad...  



Guest author, Elaine Froese interprets Dr. Henry Cloud's 10 Laws of Boundaries, from his "One Life Solution Workbook" and discusses the importance of continuous learning, time auditing and "mending the holes in your fences." 
1. Sewing and Reaping. We reap what we sow. This  should be fairly obvious to all the grain farmers and gardeners, but how put this do we into practice? If we make certain choices or do  good behaviours, we should like the outcomes or the natural consequences of our actions... 




The American Farm Bureau’s annual Thanksgiving survey shows the cost of the traditional turkey dinner down for the third straight year in a row...







Stop Worrying, Start Planning
We Are Here to Help: Preparing for Estate Planning

It’s a Thursday evening. Chores are done, the bunk’s been covered, and supper was an hour ago. You’ve been thinking about the future while you stare at whatever show is flashing on TV – what’s going to happen to the farm? Is the next generation ready to take over? You know you’re not going to live forever, but how does this all work? How will your living expenses be covered if you no longer operate the business? What exactly will you do in “retirement”? Perhaps it’s time to start the discussion...
 

Displaying results 1-5 (of 8)
 |<  < 1 - 2  >  >|