From Legacy Moment eNewsletter (07/08/2011)
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“Mark is the only farming (active) child in a very successful farming family. He works with his parents, John and Sue, on the family’s dairy operation. At a family gathering, about 18 months prior, his twin sister Janet expressed a sincere interest in joining the family business. At that time, Sovereignty Valley Dairy was just starting the construction phase in a long-anticipated expansion.
"The development was deemed both necessary and possible since Mark’s oldest son Bryce plans to work on the farm following his graduation from college. Mark has three other, inactive siblings…”
Does this situation sound even vaguely familiar? Do you have a plan for transition? Are you confident that your intentions will achieve your objectives?
If not, plan now to attend a Legacy Project Workshop. Upcoming events are scheduled in Illinois, Ohio, Missouri and Tennessee.
In the workshops, we use Mark’s situation as a case study to explore the succession planning process.
During the session you’ll learn:
• The keys to planning success
• Which resources are available to help the family
• What a comprehensive planning process includes
• Who should be included in planning
• How to get started
If you have questions or need additional information, please don’t hesitate to contact us. We are dedicated to ‘Cultivating Multigenerational Success in the Agricultural Community.’
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