Bringing a young person into a farm/ranch operation presents challenges. However, the business operation can accomplish numerous goals by helping the young person get a solid start in the operation, keeping the farm/ranch in the family, and ensuring a comfortable retirement for all involved. However, success does not come automatically; it requires effort. Blending a variety of talents and personalities into one farming or ranching operation takes planning, communication, and management.
The Returning to the Farm program is designed to assist families and operations in developing a financial plan and successful working arrangements that will meet the needs of multiple families. During the program participants will:
- Review financial feasibility, balance sheets and trend sheets
- Identify estate planning issues
- Develop a farm/ranch transition plan
- Set both personal and professional goals
- Look at the communication process between family members
It is strongly recommend that all members of the management team attend all four days of sessions. Each day will build on material from the previous sessions. The registration deadline is November 30; registrations received after the Nov. 30 deadline will be charged an additional $25. Registration is limited to the first 15 families with paid registrations.
The cost of the conference is $300 for the first 4 family members, plus $35 for each family member after the first 4. This fee covers instruction, handout materials, meeting room costs, refreshment breaks, Saturday continental breakfast and most meals. Program dates are: December 9 & 10th and January 6 & 7th To register or for more details, call Sandy Sterkel at 800-535-3456 or email her at ssterkel1@unl.edu.
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