Business Succession Planning for Wineries & Growers

Planning for the future doesn’t have to be complicated or intimidating. Succession planning ensures that your assets will be used to benefit the people you choose and can lay the groundwork for the next generation to take the reins. In this session, participants will learn more about the right (and sometimes difficult) questions to ask in order to move the process along. The session will also explore how to honestly assess retirement needs in addition to finances, including:

• Developing a successor
• Creating a business continuity plan (management transition, cash flow and retirement planning, and tax planning)
• Defining key members personal responsibility in the plan

Presentation from 10-11 and Q&A Session from 11-11:30

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Presented by Gregg McConnell, Farm Business Consultant, Farm Credit East