I see this request at the end of sort your calves.
We have done one. Not particularly rocket science but a worthwhile excercise for us. We have started making some changes, some that were already planned and a few that were not. The review committee had some good suggestions as well.
Our thought process was that we had better get involved and sorted out while it was still optional for a couple of reasons.
1. we can hopefully direct the process and/or be grandfathered in the event of any completely goofy changes in government
2. access to capital. Both available funding programs and lenders.
3. to actually have something (anything) on our farm with a written plan and a schedule (we are already slightly behind) as we continue down the path of succession.
Our session was put together by a down to earth presenter and supported by our local AESA representative. We actually learned quite a bit while going through the process.
On the worthwhile of my time scale, probably a 7.5 out of 10 and possibly higher as we access funds to do stuff we were going to do either because we wanted to or we have to.
We have done one. Not particularly rocket science but a worthwhile excercise for us. We have started making some changes, some that were already planned and a few that were not. The review committee had some good suggestions as well.
Our thought process was that we had better get involved and sorted out while it was still optional for a couple of reasons.
1. we can hopefully direct the process and/or be grandfathered in the event of any completely goofy changes in government
2. access to capital. Both available funding programs and lenders.
3. to actually have something (anything) on our farm with a written plan and a schedule (we are already slightly behind) as we continue down the path of succession.
Our session was put together by a down to earth presenter and supported by our local AESA representative. We actually learned quite a bit while going through the process.
On the worthwhile of my time scale, probably a 7.5 out of 10 and possibly higher as we access funds to do stuff we were going to do either because we wanted to or we have to.
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