Succession planning and exit strategies : publication
Strong family businesses communicate to separate their family roles and expectations from business roles. Read about common family business conflicts and find steps to address tension in this publication.
Use a gradual process to transition farm management responsibilities from one generation to the next to improve the odds of keeping your farm in the family. This 5- phase process asks multiple generations to set goals, timelines and evaluation milestones.
Use operating, business and family council meetings to build a culture of communication and inclusive decision-making in your family business. Find guidelines for running a successful family meeting, and when to use different meetings in this publication.