Season 3 Countdown - 5th Place - "Transition Planning, The Underlying Issues" w/Art Lange
Wednesday, July 28, 2021
STREAM PODCAST LIVE
All our episodes are available on the following popular audio and video destinations:
Podcast: iTunes / Spotify / Stitcher / Soundcloud / IHeartRadio
Episode 129: "Transition Planning, The Underlying Issues" w/Art Lange
We are celebrating The Impact Farming Show's 3rd Anniversary. To celebrate, we are counting down and rebroadcasting the TOP 5 episodes from season 3.
This week we are excited to bring you the 5th highest listened to and watched episode, which was "Transition Planning, The Underlying Issues" w/Art Lange.
This episode was originally aired on April 28, 2021. With so much uncertainty over the past year and a half, farm transitioning is definitely a big subject that is needed to be talked about around the table right now. We are grateful to have Art Lange join us in this episode, to help get the conversation rolling.
................................................
In this week’s episode, we speak to Art Lange about “The Underlying Issues” regarding transition planning.
Are you ready for some real talk about why transition fails to get started? If so, you are in the right place.
More often than not, it’s not things like taxes and wills that cause the senior generation to stall and avoid the subject. It’s rarely that. It’s often all the stuff that we don’t want to talk about…”The Underlying Issues,” and that is precisely what we are going to chat about today.
In this episode, Tracy and Art discuss:
- They discuss the three biggest obstacles for founders. Are you not getting anywhere with the founders of your farm? It’s likely one of these three reasons.
- They discuss what happens if a family starts doing transition planning, and then it goes downhill into arguments and ill will. What then? Art provides some great suggestions.
- Art shares how to deal with founders that refuse to discuss the subject.
- We chat briefly about the five triggers of transition planning and why it’s critically important to plan before any of these triggers occur.
If so, this episode is for you. Whether you are a farm founder or the next generation looking to take over the farm, this episode is for you.
...............................
Don't forget to sign up as an Impact Farming Insider so that you are first to know about all-new episodes, fantastic contests, and new promotions https://www.farmmarketer.com/impact_farming_show/sign-up
...............................
* Disclaimer - As always, this information is not intended to provide business or medical advice. To ensure that your own circumstances have been properly considered and that action is taken based on the latest information available, you should obtain professional advice from qualified business or medical professionals before acting on any of the information in this post.
...............................
SHOW RESOURCES
Find a Farm Transition Advisor on CAFA website: https://www.cafanet.ca
Necessary Endings: The Employees, Businesses, and Relationships That All of Us Have to Give Up in Order to Move Forward
BUY IT TODAY
The Third Pillar: How Markets and the State Leave the Community Behind
BUY IT TODAY
The Family Business Doctor by Dr. John Fast
BUY IT TODAY
...............................
Thank You To Our Show Sponsor
Here at The Impact Farming Show, our goal is to bring our audience the people and ideas that will IMPACT their farming operation. We couldn't do it without the continued support of our sponsors that are committed to supporting our show and our shared vision of helping farmers succeed.
Please take a moment to check out this week's show sponsor: Bayer Crop Science
Get Back To What You Love.
There are a million things you love about farming. But spraying for weeds in your cereal crops is probably not one of them. That’s where we come in. You can be confident our line-up of proven cereal herbicides work to manage tough to control weeds for cleaner fields acre after acre. So you can do what you do best. Get back to farming. Get back to what you love.
Learn more HERE.
Show Guest
Art Lange P.Ag., CAFAAJL Consulting - Farm Business Management Consultant
The principal in AJL Consulting is Art Lange. He graduated from the University of Alberta with a B.Sc. (Ag) with an Animal Science major. Art has worked in many facets of the agriculture and food industry in Alberta and B.C. for almost 40 years. Those include stints in the farm machinery industry, feed industry, inspection work with the federal government, living and working on a hog farm, and selling veterinary medicines for a multi-national drug company.
Art worked for Alberta Agriculture for 20 years in the pork production area. For his last two years with the department Art coordinated groups of agri-industry people that were part of the Ag Summit process.
In April of 2004 Art started his own consulting business called AJL Consulting. From 2004 to 2009 he was a rostered farm financial consultant for the Canadian Farm Business Advisory Service (CFBAS) which was administered by Agriculture and Agri-Food Canada. Under that program, Art completed about 100 farm business plans. Since 2009 he has been concentrating on developing business plans for food processors and preparing farm succession plans. In total Art has completed over 200 farm business and succession plans and thus has a wide variety of experience in addressing most farm business opportunities and challenges.
Connect with Art Lange - LinkedIn / Website
...............................
The Impact Farming Show
Welcome to Impact Farming, Farm Marketer's video and audio show dedicated to helping Canadian farmers excel in the business of farming. Our goal with this show is to introduce our audience to the people and ideas that are going to make an IMPACT on their farming operation.
Show Host - Tracy Brunet
CEO of Farm Marketer
.jpg)
Tracy and her husband are cattle ranchers in South East, Manitoba. As host of the show, primary producer and agvocate, Tracy is passionate about helping farmers succeed in the business of farming.
In each episode, Tracy chats with today's most successful farm advisors and industry leaders to bring our audience the best and most important ideas.
Connect with Tracy Brunet - Twitter / Facebook / Instagram / Linked in
.....................