Family farms are rich with history and pride. Agribusiness is always evolving and oftentimes challenging. When it comes to farm operations, farmers and ranchers are very familiar with a systems approach concerning production, but business matters are a different story. Some commercial size family farms are fraught with management issues. When the family farm is not operated like a business, people’s roles become blurred or overlap, succession isn’t dealt with, procedures aren’t documented and consistently followed, and a host of other business issues rear their head, disguised as the cost of lost opportunity, or worse, the loss of the operation.
How We Deliver
Our agribusiness experts have over 100 combined years of experience. Our team utilizes the time tested material from R.L. (Dick) Wittman, “Building Effective Farm Management Systems”. With our expertise, we help clients navigate the guide tool and assist family farms by implementing proven strategies for managing resources and planning succession. The purpose of this process is to ensure effective business and personal relationships, enable the business to achieve its intended mission, philosophy and key objectives, and successfully pass the farm to the next generation. We approach this process from a holistic viewpoint while considering; building an effective family farm management system, family relationship dynamics, tax planning, estate planning, and succession planning.
How You’ll Benefit
You’ll finish this process with a clear understanding of:
- The family farm’s mission and vision
- Key performance areas that should be an area of focus to determine success
- Company organization, and role descriptions
- Defined and documented farm operating policies
- Standard operating procedures
- Effective communication strategies – resulting in better teamwork
- The components of a management control system
- Best practices for family relationships – in-laws and off-farm family
- How to put the concepts into practice
These key points are designed for one purpose: Preservation of the family farm.
We are avid supporters of food producers and believe these proven strategies ensure the long term success of your operation, while keeping family relationships in tact, for years to come.
Contact us today. We’ll help you preserve what you’re worked hard to build.