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The Importance of Planning
"What will happen to your farm when you retire? Many farmers will pass the reins to their children, but the details of these transitions aren’t always clear. A succession plan is key to ensuring that your farming operation continues to be a success and that the next generation is prepared when the time comes.
In the second episode of “Management Matters: Focus on Profitability,” Kevin Spafford, founder of Legacy by Design LLC, explains the importance of succession planning and shares tips on how farmers can effectively draft a plan of their own..."
Click below to read today's Illinois Soybean Association's blog post, and listen to Kevin's informative interviwe with Alan Jarand, Director of Radio for Illinois Farm Bureau/RFD Radio Network.
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