An aging owner, health issues, family dynamics or other circumstances can force farmers to confront the critical issue of business succession before they are ready.
Farmers, financial advisers and attorneys are trying to raise awareness about
the need to be prepared well before a life changing event by making succession a normal part of a business plan.
The Dairy Business Association and Edge Dairy Farmer Cooperative are dedicating the groups’ co-produced Dairy Stream podcast
to the issue. A three-part series, “Success in Succession Planning,” kicked off in February and will wrapped up March 30. The series examines such aspects as getting organized, financial consulting and legal support.
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