Succession Planning: Best Practices to Implement and Pitfalls to Avoid

Many farmer business owners spend their lifetime building and investing in their business, but spend very little time thinking and planning how they will someday pass on the business or exit it. By the time they realize they need a plan for transitioning or exiting, it's simply too late.  One of the most cited reasons that most business transitions fail is due to the business owner not properly planning for that transition.

Join us and PA Farm Link for this free webinar as we explore some key elements needed in a successful transition as well as what pitfalls to avoid in the planning process.

AGENDA

In this webinar, we'll cover:

  • Key elements needed for a successful and sound farm transition
  • Pitfalls to avoid in the farm transition planning process
  • Examples of farm family transitions

This webinar will be recorded and made available to all registrants afterwards. If you have any questions you'd like our presenters to answer during the meeting, please email them to webinar@mafc.com.

 

PRESENTER

Brenda O’Brien was born and raised on a large dairy farm in Central New York. She worked side by side with her father and learned about farm finances. While she was earning a Bachelor’s in Economics and Management from the State University of New York at Cortland, she began managing the farm finances, human relations, and herd management aspects of the farm business.

She later moved to Northern Virginia where she worked for the United State Department of Agriculture and then for Maryland & Virginia Milk Cooperative. Brenda continued her education, earning her Master’s degree in Counseling, which has proven to be invaluable with her work for more than 20 years in her church community and adult education.

She is a trained facilitator in both Youth and Adult Mental Health First Aid. With her lifelong experience in agriculture, working on the family farm, and caring for her five children, Brenda brings a unique and valuable perspective to NY FarmNet.

 

OUR PARTNERS:

This webinar is in collaboration with PA Farm Link, NY FarmNet, AgChoice Farm Credit and the staff who make it their mission to help farming families transition their operations from one generation to the next. 

Pennsylvania Farm Link - Farm transition and succession planningNY FarmNet Logo

MATERIALS

Fill out the form below to request the presentation materials. You'll receive the links to join the webinar a few days beforehand. After the webinar concludes, you'll receive a replay webinar.  

 

HOW TO USE WEBEX TO VIEW THIS WEBINAR

To optimize your webinar experience, consider using Google Chrome or another up to date browser. Internet Explorer users may experience difficulties accessing this event. 

If the link in your confirmation email returns an error, copy and paste the link directly into your Chrome browser. We also encourage you to use your phone to dial in for audio to help minimize any connection issues.

Upon joining the meeting, you'll need to fill in your First and Last name, and email address. You'll be prompted to join the meeting and download the WebEx application by running a tmp. file or you can click the link that says "Join by browser". 

WebEx also has a mobile app that may make this webinar easier to access from your phone or tablet. 

  • Request Webinar Replay and Presentation Materials

    Fill out the form below to request the webinar replay and to receive presentation materials.