Number crunching field by field can help farmers thrive even now
Statistics say 90% of family farms won't last three or more generations. Here's steps you can take to help ensure the future of your farm and keep your family business running generation after generation.
All family businesses have conflict. How a family responds to conflict is usually the marker between success and failure of the business.
Family businesses struggle with differentiating succession planning and estate planning. Both are critical strategic issues that merit thought and action when building a successful business and financial security.
If you manage your family’s dairy farm, you probably already realize you earn a lower salary than the hired farm manager down the road.
Managing a farm is becoming increasingly complex and requires more business management acumen than ever. Majoring in agriculture, business or engineering will broaden your horizons, allow you to experience life away from the farm and continue what’s going to be a lifelong learning process. Along the way, you’ll also deepen and expand your skill set and perspectives.