The number one reason Dad has trouble making the changes to the business model desired by the next generation is because of Dad’s fear the new generation will run the farm better than he did.
Changing the Farming Business Model
Who is the Boss
Family businesses face enormous complexity and this can result in role confusion and internal conflict. Who is the boss? Dad? The farm manager?
Farmers without wills
An untimely death without a will jeopardizes the financial viability of your farm and could leave your family in an absolute mess.
John Fast: The Daughter-in-law
“Please fix our daughter-in-law!” According to Dr. John Fast this is a very common complaint in farm businesses and a most convenient person to blame when things are not going well.