Why Don’t Family Businesses Plan For Succession?

#AGLEGACY #FarmSuccession #EstatePlanning


Logic would suggest that developing a succession plan would be an obvious step toward transferring management and business ownership.

TO LEARN MORE see: AGLEGACY.org

Graphic of AG LEGACY Media Post


HINDRANCES: Emotional attachment to land; No plans to retire; Ranching/Farming lifestyle; No retirement income
PERSPECTIVES: Proprietors; Conductors; Technicians
THE NEXT GENERATION: Sons / Daughters; In-Laws; Multi-family business; Non-family members
OTHER REASONS: Business issues and Succession planning issues

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