Once a business owner, specifically an owner of a farming business, decides to team up with Dunncreek Advisors and create a legacy transition plan, it’s important that they determine if added legal protections, like an operating agreement, is appropriate for them. At Dunncreek Advisors, we want to help you make the best decisions for your legacy, and so, we provide you with all of the knowledge and useful tools so that you can determine what works best.Read Full Article
Is An Operating Agreement Appropriate for Your Farm?Read More
When you have a family business, there are plenty of decisions to make. In all honesty, your employees rely on you for their well-being. Their wellness is in your hands. So as you make your day-to-day decisions within your business, don’t forget the importance of looking into the biggest “what-if” of all: What if I am no longer here to run the business? At Dunncreek Advisors, we can help you to create a Buy-Sell Agreement within your legacy plan so that if the unthinkable happens, your family or heirs will have an answer to all of the “what-ifs.”
Farm business transition requires careful consideration. These questions help.
When you ask good questions, sometimes you understand the issues better. Am I ready for a farm business transition? When is the best time to start? How do I know when I’m ready to start?
