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Goals for Succession Planning

February 16, 2010

  Q. In a recent presentation, you mentioned that most family farmers have three general goals for succession planning. Can you explain what you mean? A. Most farmers and agribusiness owners seem to have a good idea of what they want to achieve when they think about succession. Yet their ideas may be a bit fuzzy and undefined. As they describe their desires, they use general terms and tend to say "you know" a lot. THREE PRIMARY GOALS: Maintain the Ope...

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