Episode 248 | REAL TALK: Do Farm Founders Avoid Transition Planning? with Terry Betker

STREAM PODCAST LIVE

All our episodes are available on the following popular audio and video destinations:

Podcast: iTunes / Spotify / Stitcher / Soundcloud  / IHeartRadio

Episode 248 | REAL TALK: Do Farm Founders Avoid Transition Planning? with Terry Betker

In today’s episode, Tracy chats with Terry Betker in this episode titled “Do Farm Founders Avoid Transition Planning?”

Is it finally time to address the elephant in the room?

The industry has encouraged farmers to create a transition plan for decades, yet little progress has been made. So, one needs to ask, do farmers purposefully avoid transition planning?

In this week’s episode, Tracy and Terry speak about:

• If farmers know they need to do transition planning and plenty of information is available, why are they not doing it?
• Is it finally time to address the elephant in the room? Are farm founders purposefully avoiding this subject? Tracy and Terry open the cans of words and get to some real talk about transition.
• Tracy has also noticed that it tends to be the farmwife, farm mom, female farm founder who pushes the subject of transition planning. She asks Terry if he has observed this, and they chat about gender differences, concerns, and roles on the farm.
• She asks Terry what he has noticed in his over 30 years of experience working with farm families on transition. Why do farmers avoid transition planning?
• What are ways to help farmers want to make this transition before it’s too little too late?

Tracy and Terry discuss matters in this episode that are rarely discussed…the humanness, immortality, and conflicting desires of the farm founder.

If you are looking for a deep, meaningful, honest conversation on transition planning, you will want to tune into this episode.

...............................

* Disclaimer - As always, this information is not intended to provide business or medical advice. To ensure that your own circumstances have been properly considered and that action is taken based on the latest information available, you should obtain professional advice from qualified business or medical professionals before acting on any of the information in this post.
...............................

Show Resources

Visit Backswath Management's website here: https://backswath.com




Backswath’s Upcoming Conference “The Next Chapter of Your Farming Journey”

Learn more and register here: https://backswath.com/events/yournextchapter/

...............................

Thank You to our Show Sponsor

Here at The Impact Farming Show, our goal is to bring our audience the people and ideas that will IMPACT their farming operation. We couldn't do it without the continued support of our sponsors that are committed to supporting our show and our shared vision of helping farmers succeed.

Please take a moment to check out this week's show sponsor: BrettYoung



Canada’s Largest Independent Seed Company - Learn More Here

...............................

Show Guest

Terry Betker
President & CEO of Backswath Management Inc.

 

Terry is President and CEO of Backswath Management Inc., a company that provides business management expertise to farm families across Canada on strategic and business planning, transition planning, financial analysis, benchmarking and human resource management.

Terry has delivered presentations on farm business management throughout Canada, the U.S., Mexico, Chile, New Zealand, Poland, Tasmania and the Netherlands. He teaches at the University of Manitoba. Terry is a professional agrologist, a certified agricultural consultant and a certified management consultant. He is the 2015 recipient of Farm Management Canada’s Wilson Loree award, recognizing his contribution to developing and promoting new and positive change in agricultural business management practices and expertise in Canada.

Connect with Terry Betker - LinkedIn / Twitter / Facebook / Website

............................... 

The Impact Farming Show

Welcome to Impact Farming, Farm Marketer's video and audio show dedicated to helping Canadian farmers excel in the business of farming. Our goal with this show is to introduce our audience to the people and ideas that are going to make an IMPACT on their farming operation. 

Show Host - Tracy Brunet
CEO of Farm Marketer 

Tracy and her husband are cattle ranchers in South East, Manitoba. As host of the show, primary producer and agvocate, Tracy is passionate about helping farmers succeed in the business of farming. 

In each episode, Tracy chats with today's most successful farm advisors and industry leaders to bring our audience the best and most important ideas. 

Connect with Tracy Brunet - Twitter / Facebook / Instagram / Linked in

.....................

Sign up to stay connected with  Impact Farming   First Name * Last Name * Province/State * Please select one Alberta British Columbia Manitoba New Brunswick Newfoundland Nova Scotia Ontario Prince Edward Island Quebec Saskatchewan Northwest Territories Nunavut Yukon Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Email * Phone *   Profession * Please select one Farmer Agriculture Professional Real Estate Agent Other If you stated that you are a farmer, please share with us the type of farm, acres, and head/units.  Farm Type Please select one Grain/Oilseeds Beef Dairy Feathers Hog Acres Please select one 0 to 499 acres 500 to 999 acres 1000 to 1499 acres 1500 acres + Head (Beef & Dairy) Please select one 0 to 99 head 100 to 199 head 200 to 249 head 250 head + Units (Feathers & Hog) Please select one 0 to 999 units 1000 to 4999 units 5000 units +   From time to time, Impact Farming and Farm Marketer will run giveaways and contests for our subscribers. Please complete the fields below to be entered into our contests and promotions.  Gender * Please Select Male Female Other Shirt Size * Please Select XS S M L XL XXL XXXL Prefer not to say Age *   Consent: Yes, I consent to updates from Farm Marketer and Impact Farming *   Sign Up   Farm Marketer / Unit E - 98 Brandt Street / Steinbach, MB By submitting this form, you're granting; Farm Marketer (www.farmmarketer.com) permission to email you. You can revoke permission to mail to your email address at any time using the Unsubscribe link that is found at the bottom of every email. We take your privacy very seriously.