We often hear of succession planning going wrong, so this section of the farm succession toolkit brings together farm succession case studies and examples that highlight a range of different models, structures, results and processes.
The farm succession case studies focus on both situations where the business is being wound up and where the business is continuing. In-depth case studies into different family farming situations and worked through examples and calculations provide a real insight into how the succession planning process has worked (and not worked) in different circumstances.
If these questions are front of mind, we recommend reading and listening to these farm succession case studies and examples:
Resources in here include Farm Success Enabling Case Studies Succession planning: The good, the bad and the ugly, Promised the farm but no succession plan – what are my rights?, Farming Ahead: Case Study, and Transition the Farm Using Profit Interest as a Planning Tool.
As a producer and a person who’s committed to learning, growing and contributing within the Australian agricultural sector, there’s a heap of valuable resources available to me online but they’re all over the place.
In essence, Farm Table will package all of those ‘tools’ into one ‘toolbox’ for me, saving me a huge amount of time and frustration.
I’ll be able to tailor my Farm Table profile to my specific needs and interests, giving me access to really pertinent information.
Tom Heggaton, Farm Manager, Galong
It can be a bit overwhelming when looking for a particular information source on the internet, and I personally view The Farm Table as a great resource that does the hard work for me!
The ability to have a one stop central site that previews and accumulates similar groups of data and information is hugely beneficial and makes my life easier.
Aimee Snowden, Farmer, Tocumwal
The Farm Table will save so much time; to have all the information in one reputable place and to know where to start looking rather than endless searching is an asset to the whole sector.
I am so excited for the new look Farm Table. I can already see huge advantages and know it will have a positive impact on our business.