Thursday,
7 November 2024
Free business transition and succession planning session for farmers

FARMERS in North East Victoria have the opportunity to develop skills to assist with successful family farm succession and business transition, at a free Rabo Client Council-hosted information session in Albury on Wednesday, August 14 from 9:30am to 2:30pm.

The session will be facilitated by Transition Partners director Jim Benson, providing practical information, such as why family and business communication can be difficult and how to improve it and how to take account of differing family goals.

Rabobank regional manager for Riverina and Northern Victoria, Sally Bull, said as a successful shift between generations can be understandably complicated and challenging to execute, and that business transition and succession planning skills are crucial for most family farming businesses.

“There will be a chance to explore the key elements of setting up that first meeting to discuss next steps, thinking about management, business, property and wealth transition," she said.

"It offers farmers a rare opportunity to take a break away from their daily business demands and engage in shared knowledge.”

The information session is limited to 30 participants and is not restricted to the bank’s clients.

Register to participate at https://rabobankaunz.eventsair.com/au-succession-family-communication-workshops/successionsessions/Site/Register.