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Open in new window Preparing to Transfer the Farm Business

Gary A. Hachfeld, David B Bau, and C. Rob Holcomb ( June, 2016 )

Summary

Transferring the farm business to the next generation is seldom an abrupt process. The transition generally takes place over a number of years. The entering generation needs to establish a firm financial footing as well as learning to manage the business. The senior generation has to be willing to turn over control of the business and trust that the successor will do well.


Details

Organization University of Minnesota Extension
Publisher University of Minnesota
Publication Date June, 2016
Publication Views 1309
Material Type Written Material

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