Succession Planning and New Entrants
Succession planning is essential in successful farm business management. Succession planning is an ongoing process that helps focus family and farm business goals for the future transition of the family farm to the next generation. Succession planning helps build strong leadership to run the family business efficiently and effectively while adapting to Industry trends.
Our Succession Planning for the Successor eCourse responds to the lack of resource materials and training available to successors. This course is geared towards individuals who are either considering, or in the process of becoming the next generation owners of the family farm business, regardless of age, gender or business structure.
Reflective questions guide you through the units of study, while a wide range of tools and additional resources allow you to apply concepts to your own business and explore specific topic areas in further depth.
Courses:
eLibrary
To supplement our eCourses, the eLibrary features a compilation of the best resources in agribusiness management. Our resources are continuously vetted by our Industry experts for accuracy and relevancy of information.
The AgriBusiness eCampus is also offering courses in Strategic & Business Planning, Human Resource Management, Commodity Marketing, and Domestic and Global Marketing.
Succession planning for the Successor
Succession Planning for the Successor eCourse will guide you through the succession process, enabling you to:
- understand the uniqueness of family farm management and the challenges that arise from management transfer
- explore effective communication strategies to facilitate positive interpersonal relationships
- describe various business structures and associated ownership issues, developing a plan to deal with potential issues associated with your farm business
- assess your farm business for strength and viability, and choose the appropriate transfer options and strategies to benefit yourself, your family, and the family farm
- assess and allocate the necessary resources to realize your family and farm business goals
- assess your own skills for managing the family farm
This course is geared towards individuals who are either considering, or in the process of becoming the next generation owners of the family farm business, regardless of age, gender or business structure.
Remember, our eCourses have been specially designed to give you the knowledge and skills applicable to your farm business today. As such, they are non-credit, self-interest courses that do not count towards a University of Guelph degree or diploma.