November 24, 2020

Kossuth County Extension to host farm & business succession planning workshop

Click here for event poster

Algona will be the site of a two day workshop on Business and Farm Succession Planning starting at 1:00pm on Nov. 30st and ending at 3:00pm on Dec. 1. The workshop is jointly sponsored by the Kossuth County Extension Service, Farm Credit Services of America and the Iowa State University Beginning Farmer Center.

According to Jim Jensen, Farm & Agriculture Business Management Specialist with Iowa State University Extension, “This interactive workshop will address the process of transferring businesses from one generation to the next. The workshop is designed to guide people through the process and choices involved in transferring both business management and business ownership. It will help people form a written plan of action and discuss the procedures necessary to achieve success.”

The topics covered in the workshop include common wants, needs, expectations, and fears associated with trying to transfer a going business. Additional information will also be covered concerning the communication process, conflict resolution, retirement planning, goal setting, and estate planning.

The workshop will be at the Water’s Edge Nature Center 1010 250th St. Algona, IA 50511.

The registration cost for the interactive workshop is $100 for up to four family/business members and includes two meals.

Call the Kossuth County Extension Office at 515-295-2469 to obtain a brochure describing the program in detail or to register for the workshop. Registration is limited so call now!

 

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