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Search results for 'Succession Planning'

  • Farm Succession Planning

    By Nationwide Farm Insurance

    Published Mar 20, 2019 

    Understanding Farm Succession Planning Finding time to talk to your family about succession planning for your farm may be difficult... What you should know up front about transitioning your farmUnlike estate plans, which concentrate on tax liabilities and the various ways to lessen the tax burden, succession plans focus on the future of the farm... When you decide to retire, your farm succession plan may include:Transferring or selling ownership to a vested family member... Determine the desired end resultConcentrate on the desired final outcomes of the succession... Are you being pressured to sell by those who don’t share your love of the land?Getting it right the first timeSuccession plans sometimes fail because certain risks were not considered during the planning stages, including:Inadequate cash flowLiquidation of some assets to provide for retirementPoor farm estate planningUnresolved issues between family members or a successor who’s not prepared to lead and manage the farm businessIt’s important to enlist the help of qualified professionals who don’t have a stake in the final decisions...

    Categories: Agribusiness

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    Does Stubborn Live on Your Farm?

    By North American Ag

    Published Aug 2 

    In this week's North American Ag Spotlight Chrissy Wozniak has an inspiring conversation with Andy 'Caygeon' Junkin about his struggle that almost ended in suicide. He's now devoted his life to helping farm families survive and thrive while passing their legacy to the next generation. He's had nearly 15 years of helping stubborn farmers work better together, and says, I'm proud I have saved hundreds of family farms, but my biggest life accomplishment is marrying the right girl and having a marriage that has exceeded my expectations. Hear his whole story as we put the Ag Spotlight on Stubborn... Farm succession is simply strategic planning...

    Categories: Ag Commentary, Agribusiness, Succession Planning

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    When is the best time to plant different vegetables

    By Melissa Green

    Updated Jun 24 

    Read more information about planting, turfing, irrigation and decking on our website. Handy Gardeners specialise in garden maintenance, tree surgery, lawn mowing, patio cleaning and gutter cleaning. Our gardeners are trustworthy, friendly, professionally trained and hard-working. Rudeness to our customers in not tolerated... We offer a bespoke garden maintenance and lawn care service in London and throughout the UK, whereby our gardeners work with you throughout the entire planning stage to create the perfect garden for you...

    Categories: Succession Planning

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    Unsecured Business Loans Defined

    By Future Loans

    Published Nov 1, 2020 

    Before you take out a business loan, you need to understand the difference between secured and unsecured loans so you can choose the best option for your business. The biggest difference between secured loans and unsecured loans is that secured loans require you to pledge collateral and unsecured loans don’t. Unsecured loans are provided based purely on a borrower’s ability to repay. So, if the borrower defaults the lender can sue; however, they won’t have liens against any of the borrower’s property, so they can’t foreclose on and seize any property to get their money back. [Read related article: Unsecured business loans definedBecause unsecured loans aren’t attached to any collateral, they are riskier for lenders...

    Categories: Agribusiness, Farmland and Real Estate, Succession Planning

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    Handy Flowers - London flower shop

    By Isabella Albury

    Updated Sep 29 

    Handy Flowers is a preferred London flower shop a variety of fresh flowers for any occasion. You can select from beautiful lilies, roses, carnations, germini, chrysanthemums, sunflowers etc. Our skilled, talented and friendly florists will create the perfect bunch of flowers for your special event: wedding, anniversary, funeral, Mother's day, graduation, Valentine's day or engagement. Same day and next day flower delivery options. 100% customer satisfaction at the best prices in London...

    Categories: Succession Planning

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    Craig Mccomb Canada, Ontario, Paris

    Business Title: Performance Dairy Centre
    Job Title: Farmer, Ag Retail Professional, Other Ag Professional, Personal Ag Support Worker
    Interests: Dairy, Poultry, Apps, News, Ag Policy, Operating a Farm, Succession Planning, Shops, Tools

    Bheru Kumar United States, NY, Brooklyn

    Business Title: Reports And Insights
    Job Title: Farmer, Other Ag Professional, Business
    Interests: Marketing, Member Challenge , News, Accounting and Bookkeeping, Agribusiness, Farm Management, Human Resources, Operating a Farm, Succession Planning, Taxes

  • Craig Mccomb Canada, Ontario, Paris

    Business Title: Performance Dairy Centre
    Job Title: Farmer, Ag Retail Professional, Other Ag Professional, Personal Ag Support Worker
    Interests: Dairy, Poultry, Apps, News, Ag Policy, Operating a Farm, Succession Planning, Shops, Tools

    Bheru Kumar United States, NY, Brooklyn

    Business Title: Reports And Insights
    Job Title: Farmer, Other Ag Professional, Business
    Interests: Marketing, Member Challenge , News, Accounting and Bookkeeping, Agribusiness, Farm Management, Human Resources, Operating a Farm, Succession Planning, Taxes

    Gideon Oyebode United States, AL, Auburn

    Business Title: Dept. Of Crop, Soil And Env. Sciences College Of Agriculture 383 CASIC Building Auburn University Auburn, Alabama
    Job Title: Extension Agent or University Employee, Other Ag Professional
    Interests: Organic Row Crops, Sustainable Agriculture, Apps, Precision Agriculture, Telemetry, Ag Commentary, Marketing, News, Accounting and Bookkeeping, Ag Policy, Agribusiness, Farm Management, Farmland and Real Estate, Human Resources, Operating a Farm, Succession Planning, Cover Crops

  • Financing

    Public
    A starting point to assist young and upcoming farmers with financial know how
    Interest: Agribusiness, Farm Management, Succession Planning

    #SoilMatters

    Public
    Soil and everything in it is the focus here. Crop Nutritionists and CCAs know that growing a crop is more than planting, watering and applying fertilizer. It requires testing, planning, monitoring and adjusting the plan as needed.
    Interest: Corn, Wheat, Vegetables, Cover Crops, Ag Policy, Precision Agriculture, Organic Row Crops, Irrigation, Agribusiness

  • Farm Succession Planning

    By Nationwide Farm Insurance

    Published Mar 20, 2019 

    Understanding Farm Succession Planning Finding time to talk to your family about succession planning for your farm may be difficult... What you should know up front about transitioning your farmUnlike estate plans, which concentrate on tax liabilities and the various ways to lessen the tax burden, succession plans focus on the future of the farm... When you decide to retire, your farm succession plan may include:Transferring or selling ownership to a vested family member... Determine the desired end resultConcentrate on the desired final outcomes of the succession... Are you being pressured to sell by those who don’t share your love of the land?Getting it right the first timeSuccession plans sometimes fail because certain risks were not considered during the planning stages, including:Inadequate cash flowLiquidation of some assets to provide for retirementPoor farm estate planningUnresolved issues between family members or a successor who’s not prepared to lead and manage the farm businessIt’s important to enlist the help of qualified professionals who don’t have a stake in the final decisions...

    Categories: Agribusiness

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    2 Comments
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    Does Stubborn Live on Your Farm?

    By North American Ag

    Published Aug 2 

    In this week's North American Ag Spotlight Chrissy Wozniak has an inspiring conversation with Andy 'Caygeon' Junkin about his struggle that almost ended in suicide. He's now devoted his life to helping farm families survive and thrive while passing their legacy to the next generation. He's had nearly 15 years of helping stubborn farmers work better together, and says, I'm proud I have saved hundreds of family farms, but my biggest life accomplishment is marrying the right girl and having a marriage that has exceeded my expectations. Hear his whole story as we put the Ag Spotlight on Stubborn... Farm succession is simply strategic planning...

    Categories: Ag Commentary, Agribusiness, Succession Planning

    3 Upvotes
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    When is the best time to plant different vegetables

    By Melissa Green

    Updated Jun 24 

    Read more information about planting, turfing, irrigation and decking on our website. Handy Gardeners specialise in garden maintenance, tree surgery, lawn mowing, patio cleaning and gutter cleaning. Our gardeners are trustworthy, friendly, professionally trained and hard-working. Rudeness to our customers in not tolerated... We offer a bespoke garden maintenance and lawn care service in London and throughout the UK, whereby our gardeners work with you throughout the entire planning stage to create the perfect garden for you...

    Categories: Succession Planning

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    Unsecured Business Loans Defined

    By Future Loans

    Published Nov 1, 2020 

    Before you take out a business loan, you need to understand the difference between secured and unsecured loans so you can choose the best option for your business. The biggest difference between secured loans and unsecured loans is that secured loans require you to pledge collateral and unsecured loans don’t. Unsecured loans are provided based purely on a borrower’s ability to repay. So, if the borrower defaults the lender can sue; however, they won’t have liens against any of the borrower’s property, so they can’t foreclose on and seize any property to get their money back. [Read related article: Unsecured business loans definedBecause unsecured loans aren’t attached to any collateral, they are riskier for lenders...

    Categories: Agribusiness, Farmland and Real Estate, Succession Planning

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    Handy Flowers - London flower shop

    By Isabella Albury

    Updated Sep 29 

    Handy Flowers is a preferred London flower shop a variety of fresh flowers for any occasion. You can select from beautiful lilies, roses, carnations, germini, chrysanthemums, sunflowers etc. Our skilled, talented and friendly florists will create the perfect bunch of flowers for your special event: wedding, anniversary, funeral, Mother's day, graduation, Valentine's day or engagement. Same day and next day flower delivery options. 100% customer satisfaction at the best prices in London...

    Categories: Succession Planning

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    Understanding Asset-Based Loan

    By HAVELET FINANCE

    Published Jul 23 

    A lot of business required to secure lines of credit or loans to meet up the daily routine cash flow needs. In this instance, a business might obtain a line of credit and/or loans to ensure there is no gap in its payroll and working capital even if there is show-down in its expected payments. Asset-based loan (ABL) remains an avenue for businesses get a massive extension or a heavy contracts using assets such as accounts receivable, inventory, equipment, machinery, or real estate as security for a business loan. Understanding Asset-Based LoanAsset-based loan a type of loan that is received with an asset as a distinctive security against the lending. Hence the lender offers the loan dependent of assets as collateral...

    Categories: Ag Policy, News, Succession Planning

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    We are Top Providers of SBLCs- Standby Letters of Credit.

    By HAVELET FINANCE

    Published May 1 

    We are Top Providers of SBLCs- Standby Letters of Credit. A standby letter of credit (SBLCs), refers to a legal document that a financial service company undertakes and guarantees the payment of a specific amount of money to a seller if the buyer defaults on the agreement. A standby letter of credit helps facilitate international trade between companies that may not have been engage in a business transactions before. However SBLC guarantees payment to a seller, the agreement must be followed in exact terms. The beneficiary of a standby letter of credit is confident of performing a business agreement with a reliable financial service company capable of seeing the payment through...

    Categories: Ag Policy, Farmland and Real Estate, Succession Planning

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    Your Best Options for Large Business Loans

    By HAVELET FINANCE

    Published Apr 18 

    Your Best Options for Large Business LoansDose your firm require a Sizable or Large Business Loan? Havelet Finance Limited have best options for more significant loan amounts. Obtaining $500,000 to $5M serves various functions for small business owners, ranging from purchasing new equipment and real estate retail space to expanding their operations. A small business can obtain a large business loan. Find out if you qualify for a large loan and if it would benefit your business if you did. Become familiar with four types of large business loans so that you may ensure that you have what you need to succeed...

    Categories: Precision Agriculture, Succession Planning, Sustainable Agriculture

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    TOP REASONS YOU SHOULD CHOOSE HAVELET FINANCE LIMTED FOR ALL YOUR FINANCIAL NEEDS

    By HAVELET FINANCE

    Published Apr 14 

    Since the formation of HAVELET FINANCE LIMITED, we have tolled around the globe with higher esteem in serving our core customers who run to us to secure financial needs. This we did through Recourse and Non Recourse funding, Project Financing and advisory policies. The top reason why you should choose us is highlighted below;1. We are second to non in what we do. We take leads in providing our clients with both of non recourse loans and recourse loan...

    Categories: Human Resources, Marketing, Succession Planning

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    Financing for a Transportation Business

    By HAVELET FINANCE

    Published Apr 12 

    Sources of Financing a commercial Transportation BusinessTransportation business is associated with an asset-based and non-asset based businesses. Asset-based companies include freight haulers, delivery companies and limousine companies; non-asset based firms include freight brokers and third-party logistics providers. Both have traits that separate them from peers in other industries. In addition, asset-based transportation companies incur considerable capital expenses due to the vehicles and related equipment they purchase or lease. Several industry-specific financing options exist for industry needs...

    Categories: Precision Agriculture, Purchasing, Succession Planning

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  • Are you applying for PPP (Payroll Protection Program)

    By Anonymous Member

    Published Apr 10, 2020 

    If you are a farmer, are you planning on applying for the Payroll Protection Program through the SBA? Why or why not?

    Categories: Agribusiness

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  • Posted By Nancy VanderByl
    Aug 10 

    Succession planning is so important in farm families.

    https://hoards.com/article-32333-tackling-difficult-transition-conversations.html

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    Posted By Nationwide Farm Insurance
    Mar 20, 2019 

    https://agfuse.com/article/farm-succession-planning
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    Posted By Farm Finance and Management
    Nov 25, 2020 

    https://canoladigest.ca/november-2020/how-to-start-the-succession-planning-conversation/
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    Posted By Farm Finance and Management
    Jul 15, 2021 

    https://news.okstate.edu/articles/agriculture/2021/brus_farm_succession_planning.html

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    Posted By Farm Finance and Management
    Jun 21, 2021 

    https://www.aces.edu/blog/topics/farming/succession-planning-important-for-farm-operations/

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    Posted By Farm Finance and Management
    Oct 15, 2020 

    https://www.agriculture.com/farm-management/estate-planning/tips-on-designing-a-farm-succession-plan
    1 Upvote

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    Posted By Farm Finance and Management
    Apr 26, 2021 

    https://www.farmprogress.com/farm-succession/time-value-sweat-equity-farm
    1 Upvote

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    Posted By Farm Finance and Management
    Dec 12, 2020 

    https://www.agweek.com/opinion/columns/6776033-What-farm-estate-planning-resources-are-available

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    Posted By Farm Finance and Management
    Oct 9, 2020 

    "No one wants to think about it, but sometimes farm succession plans need contingency plans in case things don't work out the way you expected."
    https://www.agweek.com/opinion/columns/6683100-What-happens-if-a-farming-heir-dies-first
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    Posted By Rodney Michael
    Mar 10 

    A successful transition from one generation to another.. need to see more. #getyouthinag

    https://www.agriculture.com/farm-management/estate-planning/a-retiring-couples-journey-to-find-a-successor-to-the-family-farm

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