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Unit 3: Managing the Farm/Ranch Business for Long-Term Success

An advisory team can work with the farm business owners and other family members to develop a transfer plan that addresses:

• on-going and future communication

• retirement

• labor transfer

• management transfer

• ownership transfer

• contingency options

• timetable for all events

For more information on farm succession planning, explore the Farm Succession Guidebook developed by California FarmLink.

If you have a large group of farmers and ranchers approaching retirement, try the following ideas developed by Extension agents around the country:

• develop and distribute case studies (written or video/DVD)

• provide web-based, interactive curricula

• create multi-region or multi-state workshops with specialists

• offer software planning programs and tips that can be used at home

• develop a monthly newsletter

• provide Q/A with experienced farm/ranch families who have been through the transfer process

• establish a mentor program