Succession Plan
Preserve Your Legacy.
Secure Your Future.
Prepare Today for Tomorrow’s Farm.
Succession Planning: Turning Generations into Legacies
At AG Business Advisory, we understand that the transition of farm ownership is one of the most complex and critical challenges an agribusiness faces. Our comprehensive succession planning strategy is designed to guide you through every step of this process, ensuring that your family’s legacy is preserved and your business remains sustainable for generations to come.
Our Comprehensive
Six-Step Process
Embark on a journey with us as we guide you through a meticulously crafted six-step process designed to elevate your business strategy and secure your financial future.
Our Comprehensive Six-Step Process
Embark on a journey with us as we guide you through a meticulously crafted six-step process designed to elevate your business strategy and secure your financial future.
Our Comprehensive Six-Step Process
Embark on a journey with us as we guide you through a meticulously crafted six-step process designed to elevate your business strategy and secure your financial future.
Engagement Overview
We start by creating a structured and supportive environment tailored to your unique family dynamics and business needs.
Our approach addresses the intricate balance between financial stability, operational continuity, and family relationships to ensure a smooth, proactive transition.
Initial Assessments & Family Dynamics
Family & Stakeholder Evaluations: We conduct detailed assessments, including family genogram/values mapping, personal readiness, aspirational, and temperament evaluations, to understand the wants, needs, and potential conflict areas among all parties.
Vision and Goal Setting
Shared Vision Development: Through facilitated discussions, we help you define a long-term farm vision and a unified family mission statement.
SMART Goals: We set specific, measurable, achievable, relevant, and time-bound goals that align both individual and collective objectives, ensuring clarity and focus.
Finance and Operations
Financial Stability: Our financial planning includes detailed monthly cash flow projections, key performance indicator analysis, and a financial scorecard to measure liquidity, profitability, and operational efficiency.
Operational Transition Strategy: We develop a robust Objectives/Key Results (OKR) framework, complete with clear timelines, role definitions, and milestone markers to guide your operational transition.
Structured Meetings
Individual & Group Meetings: We hold one-on-one and group sessions to encourage open communication, resolve conflicts, and secure commitment from all stakeholders.
Commitment to Action: Detailed agreements are crafted to set expectations, create accountability, and establish clear roles and responsibilities for a smooth handover.
Ongoing Support and Review
Continuous Check-Ins: We provide regular progress reviews and facilitate follow-up meetings to address emerging issues and ensure ongoing alignment.
Dedicated Advisory: Our team remains available for phone support and additional consultations, ensuring that the transition process remains on track and that any challenges are promptly addressed.
Work with AG Business Advisory to turn succession challenges into clear, strategic steps. Together, we’ll help you protect your legacy, prepare future leaders, and strengthen your farm for generations to come. Prepare today for tomorrow’s farm.
Unlock Your Farm’s Future
Request our free Succession Planning Resource Templates to Jumpstart Your Roadmap to Legacy.
Unlock Your Farm’s Future
Request our free Succession Planning Resource Templates to Jumpstart Your Roadmap to Legacy.