Farm Business: Family Limited Partnership as a Business Structure?

🕔Sep 22, 2016I’ve written about limited partnerships as a business structure previously, but let’s review.  A limited partnership is made up of at least one general partner and one or more limited […]

Farm Debt Growing – Federal Reserve Bank – 10th District

🕔May 12, 2016First Quarter 2016: Further increases in farm debt pointed to growing concerns about the Tenth District’s agricultural economy. Loan demand continued to rise, repayment rates continued to weaken, and almost […]

Farm Business: Mississippi Family Team Uses Cloud Based Management Software – DTN

🕔Apr 22, 2016As farms grow bigger and more sophisticated, and the playing field gets more competitive, decision-making must become faster and more precise. Applying real-time data to the production and financial arms […]

Family Farm Business: Blind Spots – The Deception of Entitlement – DTN

🕔Mar 31, 2016The novelist Fyodor Dostoyevsky was known for his psychological insights into the human condition in the context of 19th century Russian society, expressed in books such as “Crime and Punishment” […]

Farming: Who Are Your Key Advisers? 5 Individuals to Consider – DTN

🕔Mar 21, 2016When you think about the key advisers to your family business, the people who help you through important decisions and implementation strategies, who comes to mind? Your accountant, attorney, lender, […]

Farm Estate Planning: What 2 Principles Are You Missing?

🕔Feb 4, 2016Estate planning, on the surface, has two primary goals — transferring wealth and minimizing taxes. Both are important to agricultural families, as the high cost of land and equipment can […]

Farm Family Business: The C Corporation Farmland Hangover – DTN

🕔Jan 28, 2016“I have been searching all over the Internet to figure out how to get out of the C corporation (land only) formed by our deceased parents in 1975 without a […]

Farm Family Business: 5 Top Tips for Your Exit Strategy – DTN

🕔Jan 27, 2016Considering an exit from the farm or ranch can be just a little overwhelming. Not only do you have to think about who will take over and whether they are […]

Farm Family Business: Don’t Let Future Doubts Complicate Transitions – DTN

🕔Dec 28, 2015As Raymond Lindquist says, “Courage is the power to let go of the familiar.” Exiting the family agriculture business can be a bittersweet experience. While celebrating the accomplishments on a […]

Farm Family Business: Set Rules of Engagement for Fights

🕔Nov 25, 2015Conflict and family business simply go together. When you work everyday among people with whom you’ve spent a major portion of your life, your different opinions and approaches are bound […]

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