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While agriculture is one of the oldest technologies known to man, that hasn’t stopped farm technology from changing every year. From robots to Big Data computer models, new innovations are coming out all the time. As farmers ourselves, we enjoy seeing the latest innovations in agriculture that make life easier, crops healthier, or are just…
For some business owners, the Thanksgiving table won’t look much different than a board meeting. Running a business with your family can be deeply rewarding – but it can also mean unique challenges for operation management. Whether it’s a brand new venture or a company that’s been in the family for decades, every family-run business…
5 Keys to Agricultural Small Business Success by Chelsea Johnson Many people start the new year with personal resolutions to improve their lives and health: why not set resolutions for your small business? Whether you are looking for ways to improve your existing operation or starting your very first business, you are facing an exciting…
Now Gen owners of family businesses owe it to the Next Gen to start the discussion of how the transition will occur, how it will be paid for, and when it will occur. Original post By Julie Bogle, Partner – Smith & Gesteland, LLP I recently had the good fortune of spending a few hours…
Tips for successfully handing your farm over to next generation by Chelsea Johnson Transitioning your family farming operation to the next generation of owners can feel overwhelming at times. You may be considering questions like: Where do I start? Do I need a lawyer involved? How do I make sure the farm stays successful through…
Planning for farm succession Increase the odds of creating a successful legacy by developing business transition plans. This article from Midwest High Plains/Midwest Journal points out the importance of careful planning to make a successful transition to the next generation. At least one out of five farmers doesn’t have a clue what will happen to…
Celebrating Our New Site Launch Welcome to our refreshed website! New features on the site include updated client case studies and more information about who we are and what we do. Soon we’ll have a new video, from a customer’s point of view about how AgCompass benefits their trucking and ag operations. Our website is…
