Succession Planning on your farm can be a really complex and emotional time.
Are you losing sleep worrying about the future?
Having conversations with your family about the farm and the future can be challenging, especially when there are a number of voices and opinions to consider.
ESAI has enlisted the help of Chris Coughlan from Rural Coach to help guide you through the process and ease some of that anxiety.
Here is what she will cover during the morning session:
- Understanding what you want to get out of the session.
- What it means – it might mean transition but the reality may mean other paths need to be taken or explored -for example; sold or used as ‘mothership’ to grow the family’s opportunity as a whole
- What are families doing now about succession? reactive vs proactive approach
- Value vs Cost
- Activity and Case study #1 ‘My 3 sons’ ( it could be my 3 daughters or whatever combination you want – I make a point of this!)
- Four foundational principles needed for success
- Beginning with the end in mind
- The importance of the ‘Discovery’ process
- Some of the challenges – Fair vs equal
- Timing – important vs urgent
- Activity and Case study #2 Choosing your advisers…
- The components of succession planning
- Who brings what skills to the table and the value of independence
- Succession – who is on your team? Because it takes a team!
This help is offered free of charge with lunch and refreshments included.
Spaces are limited.
For more information and to reserve your place contact jo.tinaku@esai.co.nz or call 0210 304783