Succession
Succession Planning: Taking the Next Step for your Farm or Croft
Succession planning can look different to everyone and is an important consideration for Scottish farmers and crofters looking to secure their business’s future. Whether you plan to pass the business to the next generation, bring in a new partner, step back gradually or explore opportunities with a new entrant, starting the conversation early helps create…
Honest Conversations, Better Farm Businesses
I’m Kerry, I’ve been a Principal Consultant at SAC Consulting for ten years, and I own and operate a couple of rural tourism businesses with my family outside of my day job. I am no stranger to difficult conversations, whether at work, with a client, and often with family about how we run our business. Over the last ten years I’ve become…
Adding A New Enterprise Through Succession – A Case Study
James MacIver, now 27, has returned to the family business after leaving school at 16. In that time he worked several other mixed livestock and dairy farms, as well as a pedigree livestock unit before moving to the USA to join a harvest team for the season. When his plans to continue on to New Zealand didn’t line…
Succession Planning
Succession planning is an essential part of your farm business management, and with a proactive approach will help to protect your farming assets for the next generation. It’s never too early to start a conversation about succession – after all, with the right financial and legal advice it may not be as difficult as you…
Agribusiness News Audio March 2025: A spotlight on the potato sector, New Zealand, fertiliser use in Scotland and Wills and Power of Attorney
Along with our regular monthly updates on policy briefs, arable, beef, sheep and milk, in this edition we are also bringing you an overview on the potato sector, New Zealand, fertiliser use in Scotland and Wills and Power of Attorney.
A Guide to Succession for Farmers and Crofters
This guide to succession is aimed at farmers and crofters of all ages and stages in their careers. For those nearing retirement, putting provisions in place for succession is not only sensible but a necessity that needs addressing. For younger farmers and crofters, it serves two purposes: firstly making preparations and putting plans in place…