6 days ago
- Business
- Otago Daily Times
Succession planning help
New farm succession planning workshops are in Otago this week.
Rabobank New Zealand chief executive Todd Charteris said Rabobank was holding free one-day workshops for farmers about succession planning.
The workshops were open to anyone and aimed to provide farmers with an understanding of business transition and succession and to aimed to give confidence to start and progress a succession plan.
"We regularly ask our clients about the financial topics they want further information on, and this is one topic that has come up time and time again in the discussions our agri managers have with farmers and growers across the country."
The new succession workshop topics include asset transfer, business continuance, intergenerational farm ownership, how to clarify roles and responsibilities, and identifying the next steps to make real progress, Mr Charteris said.
Workshops would be held in Alexandra today and Oamaru tomorrow.
A workshop was held in Balclutha yesterday.
The Otago workshops follow a successful pilot event in Feilding last month.
"We had about 25 farmers along to the pilot workshop we ran in Feilding and we had some really positive feedback on this."
In addition to new workshops, the bank would launch a report, which examines succession on farm, at the Primary Industries New Zealand Summit in Christchurch later this month.
