With the average age of the UK farmer at 59, succession planning should be at the forefront of the discussion around the kitchen table, but in reality it’s a subject shrouded in taboo.
Succession planning is an essential part of running any family business, but in an industry of patriarchal tradition, the soft skills are not always at the top of the agenda. Effectively planning for the future allows farmers to protect their assets, safeguard the long-term finances of the business and ensure continuity not only to the supply chain but also for the  future generations of the family. Perhaps of primary importance, succession planning allows for financial support to those reliant upon the business for their livelihood.
Appropriate succession planning does not have to be about retirement. It should be undertaken earlier than this to put in place a long-term strategic plan for the business including goals, visions, plans and a road map to plot what success looks like.
For some, success is a lifestyle. For others, the goal is world domination and a helicopter on the back field! For many it’s a place somewhere in between. Adopting technology, mitigating risk and  building financially resilient business plans are all not only vital for the family farm, but are the backbone for the future of British farming and production.
There really is nothing better than starting all of these conversations early. If this is something that is on your mind, whatever your age or the size of your farming business, we are here to help. We have legal partners we can put you in touch with who can advise on wills and lasting powers of attorney and can support you through the difficult discussions to future proof your business. Above all, we are in this for the long term. We want to be able to support you and your family through the journey of your business, warts and all.
If you are the generation in control, or part of the future generation, it is never too late to get help and advice to start these discussions and we can provide, trusted contacts to support you to create a robust financial future for yourself and your family.
We understand rural property and businesses, it’s our passion and we strive to support farmers and land owners to achieve their land and property goals.
Exceptional service, complete peace of mind.Â
BSc (Hons) MRICS
Associate Partner
BSc (Hons) FAAV
Associate Partner
Rural Professional & Agency Assistant
BSc (Hons) MRICS
Senior Rural Surveyor
BA (Hons) MSc MRICS FAAV
Partner & Head of Rural
BSc (Hons) MRICS FAAV
Partner
BSc (Hons) MRICS FAAV
Partner
FRICS FAAV
Farm & Rural Consultant
BSc (Est Man), FRICS, FAAV
Chairman
FRICS FAAV
Senior Consultant
BSc FRICS FAAV
Partner
FRICS FAAV
Rural Consultant
BSc (Hons) MSc MRICS
Senior Rural Surveyor
BSc (Hons) MRICS
Partner
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