(Show Trailer) IF 123: “Feasibility of Going Back to The Farm” w/Michael Langemeier

 

Video: YouTube

Episode 123: “Feasibility of Going Back to The Farm” w/Michael Langemeier

In this week’s episode, we speak to Michael Langemeier, Purdue University Professor, about the “Feasibility of Going Back to The Farm”.

In business, it is a commonplace activity to perform a feasibility study before buying or expanding a business to allow a family member to join. In today's interview, we discuss exactly that.

While there are many ratios and calculations to perform to help answer this question, this episode looks at the decision from a 30,000 foot view. It provides some critical information, questions to ask, and pitfalls to avoid when making this important decision.

Whether you are the founder or the next generation looking to come back to the farm, this conversation should not be missed. This episode provides amazing insight to make sure that everyone is making this decision with their eyes wide open. Having clarity and asking the tough questions ahead of time can put both generations on a path to success and continued family harmony. Isn’t that what we all want?

Watch/Listen to the show... Wednesday, March 3rd, 2021 right here! https://www.farmmarketer.com/impact_farming_show/season-one-episodes

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Thank You to our Show Sponsor: Smart Nutrition™
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* 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.
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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

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