Agriculture Succession Planning-Growing sustainable businesses since 1973
We found our start in agriculture working with owners of orange groves more than 45 years ago. Growing from a seed planted in the agriculture industry, we have been helping it grow since our inception. We partner with owners of businesses delivering products and services from farm to table, creating strategies to cultivate growth in business, family, and community. We are experts in the complexities inherent with farm succession planning decisions and developing agriculture succession planning strategies so your business is flexible and agile to respond to the constant environment of change.
We advise business owners on the 10 interdependent Succession Matrix® perspectives, to position your business for growth, to sell to a third party, or transition to the next generation. We leverage our more than 40 years of experience to provide clarity and a strong path forward when it comes to your agriculture succession planning.
What happens when you decide to take the next step towards the future you imagine…now? Business ownership by nature is risky; succession planning however creates strategies and structure to put you in control. Our team of experienced agriculture succession planning specialists are here to make your family business succession a breeze.
Resources
Family Business: Avoiding the Kicked Hornets Nest
Hornet nests and beehives buzz with efficiency and productivity. How they operate is similar to many families and family businesses. First, each bee plays a specific role, which is either a drone or worker bee. Then, you have the Queen bee, who sets the tone of the hive and determines the role of each [...]
Succession Planning for the Meat Business
Jéan Venant shares insight on how to navigate the succession planning process and how to prepare the new owners for leadership positions. The webinar covers: Handling the financial aspects of a succession plan Maintaining fairness when a business is transferred to multiple siblings Preparing the next generation for new responsibilities Successfully preparing for retirement [...]
50/50 Is Not Always Nifty: Partnerships that Don’t Work
In Marvin Storm's Business Exit Strategies Podcast Episode titled: "50/50 Is Not Always Nifty – Partnerships That Don’t Work, Champ and Loyd Rawls share 4 different stories illustrating the potential, possible and probable issues impacting the ongoing success of the business. Highlights include: The CONTROL Rod: A family operation with three [...]
How Much Should I Pay Family As Employees?
Determining how to pay your children, nieces/nephews, cousins, siblings, uncles, parents, etc can be a complex endeavor, but it also can be simple and straightforward. Dan Schneider; a succession planner with The Rawls Group is filling in for Dr. Merlot to answer questions he has received from family business owners [...]
How Do I Motivate My Children, Nephews, In-laws, etc. to Come Into My Business?
Your behavior and attitude towards the business act as role model behavior for your family. Therefore, speaking and showing positive feelings regarding the business is the best way to motivate the family to join. Express how much you enjoy it, the exciting and wonderful career opportunities and prospects for growth. [...]
What if Family Doesn’t Want, or Have the Ability to Fill Your Shoes as Leader?
Some sort of transition strategy, or a succession plan, is critical for every family business. What will the future look like, will it stay in the family, do we want to sell are 3 critical questions to consider. Listen in and learn from Jean Venant, a succession planner with The [...]
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The Succession Planning Matrix
The Succession Planning Matrix
Many people put off succession planning because they think it means retirement, exit, and the end. However; succession planning is just the beginning. It gives the owner options in terms of what “their next” looks like, whether that be growth, philanthropy, or a new business venture. Our process focuses are addressing 10 key areas of what we call the Succession Matrix.
Click the following link for more drill-down resources on The Succession Matrix, or check out our Facebook post.
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Contact Us
Contact Us
We can help you with insights, other resources, and see if it makes sense to work together. At the very least, in 30 minutes, you may get some ideas you can apply to your business right away.
