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succession planning

Catalogue: GRDC Updates
There comes a time when the family evolves, that the benefits provided by a partnership structure of individuals or assets held jointly or as tenants in common, begin to decline... The moral of the story is that you should ensure that the business is conducted in a structure separate and independent from yourself and that your assets are held in a structure(s) that provide control and ownership rights are held separately from you as an individual... Where land is held in people's own names or as joint tenants there are issues that need to be addressed if the family wishes to transfer land to the next generation...
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Catalogue: GRDC Media
Dubbo (NSW) farmers Greg and Angela O'Brien will offer their perspectives on succession of the family farm when they speak at the Grains Research and Development Corporation (GRDC) Farm Business Update on October 15... Another keynote speaker will be Neville Brady from Bunch Consulting, Swan Hill (Victoria), who will look at the four key areas for improving the farm business... The Farm Business Update in Adelaide will also provide a unique opportunity for growers and advisers to network with leading industry professionals...
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Catalogue: GRDC Media
Dubbo (NSW) farmers Greg and Angela O'Brien will offer their perspectives on succession of the family farm when they speak at the Grains Research and Development Corporation (GRDC) Farm Business Update on October 15... Another keynote speaker will be Neville Brady from Bunch Consulting, Swan Hill (Victoria), who will look at the four key areas for improving the farm business... The Farm Business Update in Adelaide will also provide a unique opportunity for growers and advisers to network with leading industry professionals...
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Catalogue: GRDC Updates
1. Harvard Business School of Management states businesses who have an ongoing commitment to the management of succession planning and people management strategies in their businesses are on the whole 30% more profitable... The two could not be more opposite; it is inevitable that without understanding these two diverse systems issues will arise... Conflict is a very healthy ingredient to any progressive business, how it is handled and managed is the key to positive change and there would not be a family or business we work with who don't experience some form of conflict on their journey of successfully transitioning their business...
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