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Keeping the Business in the Family: A Roadmap to Successful Succession
Family businesses, like farms face many challenges when they are passed along to the next generation. Less than one third of first-generation family businesses survive into the second generation, and only 13% make it into the third generation. There are several reasons for these low rates including no plan for management succession. Purdue Institute for Family Business (PIFB) has created a new program, Keeping the Business in the Family: A Roadmap to Successful Succession. This program takes a holistic approach to succession in farm and family businesses; delving into strategic management, relationships, conflict management, managing stress, and ending with creating a timeline and roadmap for the ownership and management transfer process.
Click for Registration DetailsForest Management for the Private Woodland Owner
Forests cover nearly 20% of Indiana, and approximately 85% is in private ownerships like farms and families. Less than 20% of those owners have a forest management plan to guide them in the sustainable management of their property. Forests provide multiple ecologic, economic, and societal benefits , but may not be realizing their potential due to poor or no management activity, and threats like invasive plant species and pests. Indiana forests also support an important forest products industry, employing thousands of people and supporting many rural communities. Private forestland owners are often unaware of the resources and assistance available to them for realizing their property management goals
More information and RegistrationEmergency Preparedness for Rural Families
Emergency Preparedness for Rural Families is an upcoming four-part extension workshop for women in agriculture will focus on emergency preparedness for rural families.The program will be held at numerous locations across Nebraska and Indiana and virtually. The series will focus on farm and ranch emergency management, first aid, fire protection, and hazardous materials.
More Information and RegistrationMarshall County Ag Newsletter
If you are interested in getting the Marshall County Ag Newsletter mailed to you please email marshces@purdue.edu to be added to our mail list. Click the box below to view the Newsletter online.
Go to the Ag Newsletter Webpage
Featured Storeis
Last March, participants had a great time learning about legal issues related to land leasing,...