A recent USDA report indicates that the United States has a strong potential to convert its abundant biomass supply into biobased products, provided that improvements are made to supply chains and materials handling, and farmers are incentivized to produce biomass while minimizing risk.
The USDA has unveiled its strategy for enhancing domestic biobased product manufacturing, …
Family farms and ranches have a rich history, marked by pivotal moments like acquiring land or relocating, which signaled new beginnings and strategies for the family’s future.
Today, similar defining moments exist for family businesses, representing new frontiers and opportunities for change. Here are some ideas to consider:
Diversification: Don’t limit your business to what you …
Winter provides an ideal opportunity to strategize for the advancement of your family business. As you contemplate the months ahead, consider these eight suggestions to enhance your management succession and estate planning endeavors:
Review and update your balance sheet. Accurate valuation of inherited land is essential for effective estate planning, helping minimize tax implications.
Establish a …
