Business planning bonus episode – let's talk about equity
FCC Knowledge: Talking Farm and Food
by Farm Credit Canada
1y ago
To continue our discussion from Episode 6: Business plans – Creating one that fits your farm vision, Joel and Merle invite FCC Business Advisor Annessa Good into the conversation and they talk about the hard, but important discussions around equity – how to fairly allocate resources, especially to off-farm children ..read more
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Keeping your farm transition plan alive
FCC Knowledge: Talking Farm and Food
by Farm Credit Canada
1y ago
In the ninth and final episode of the series, our Business advisors wrap up and review key takeaways along the path to farm transition.  Learn how to keep the conversation going, check-in, and what you can do to keep your plan current and continue to repeat the process ..read more
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Transferring knowledge in farm transition 
FCC Knowledge: Talking Farm and Food
by Farm Credit Canada
1y ago
Is your successor set up for transition success? In the seventh of a 9-part series, learn how to share knowledge and help the next generation. FCC Business Advisors Annessa Good and Andrea DeGroot will help you gain the skills and experience needed to move the farm business forward ..read more
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Business plans: Creating one that fits your farm vision
FCC Knowledge: Talking Farm and Food
by Farm Credit Canada
1y ago
In the sixth of a 9-part series, learn how to build a written plan that’s consistent, considerate of all generations, and your farm’s values, vision and goals. Transition experts Joel Bokenfohr and Merle Good work through the process from the junior and senior partners’ perspectives in this recording from our Pathway to Transition virtual series.   ..read more
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Why every farm transition needs a will and estate plan
FCC Knowledge: Talking Farm and Food
by Farm Credit Canada
1y ago
In this episode, Patti Durand and Tom Deans address incorrect assumptions people make about estate planning and why having a current, well-considered will is a critical part of any transition.  ..read more
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Building the right farm transition team
FCC Knowledge | Talking Farm and Food
by Farm Credit Canada
1y ago
What do you get when you have a lender, lawyer and accountant in the same room together? Great advice! In the fourth of our 9-part series, learn how to identify who’s on your professional advisory team and what skills and expertise are needed to fill the gaps.  ..read more
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Farm transition: Value, vision and goal setting - a farm transition powerhouse
FCC Knowledge: Talking Farm and Food
by Farm Credit Canada
1y ago
Is everyone on the same page when it comes to transition planning? In this episode, Patti Durand, FCC Transition Specialist and Kent Gulash, Director of Industry Relations at AG-West Bio, walk through how to create a shared vision, values and goals that everyone can connect with ..read more
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Crunching the numbers: Assessing farm transition financials
FCC Knowledge: Talking Farm and Food
by Farm Credit Canada
1y ago
Are you financially ready for farm transition? In this episode, FCC Business Advisors, Andrea De Groot and Corey Henderson share how to assess and summarize your current financial picture while considering your family dynamics.  ..read more
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Crunching the numbers: Assessing farm transition financials
FCC Knowledge | Talking Farm and Food
by Farm Credit Canada
1y ago
Are you financially ready for farm transition? In this episode, FCC Business Advisors, Andrea De Groot and Corey Henderson share how to assess and summarize your current financial picture while considering your family dynamics.  ..read more
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Is your farm transition-ready? How to plan and prepare
FCC Knowledge: Talking Farm and Food
by Farm Credit Canada
1y ago
Farm transition happens – are you prepared? In the first of a 9-part series on your path to farm transition, FCC Business Advisors Joel Bokenfohr and Annessa Good share how to gather the correct farm structure and estate documents and details, identify who needs to be involved and ensure they’re committed to the transition process ..read more
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