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The transfer of your dairy farm
The sale or transfer of your dairy farm is not an everyday subject. Nevertheless, it is important to consider this in time and possibly already "pre-sort".
There can be various reasons for a business transfer or termination of business, both forced and voluntary.
- Your health leaves much to be desired;
- (You as) owner dies (or becomes incapacitated);
- An economic situation forces you to stop (too low profitability);
- You are tired of doing business and want something different;
- You consider yourself too old to continue doing business and/or want to enjoy your old age;
- You have earned enough and want to enjoy your well-deserved money.
Naturally, the approach differs per situation and each situation has a different impact on you as an entrepreneur. Although there are more and more farms without successors, a transfer from parents to children is still the most common. A business transfer is a complex process in which many important matters come to the fore.
Whitepaper: The transfer of your dairy farm
In almost all cases, parents and successor(s) undertake a period of partnership before completely transferring the dairy farm. Various motives are conceivable for this. In the white paper: The transfer of your dairy farm, we will go deeper into the motives and tell you what you should take into account if the successor were to move from a partnership to a sole proprietorship. What risks are there? And how can you overcome this? Request the white paper here.
More information:
Do you have questions? Talk to an acconâ– avm advisor about this subject or ask your question via the advice form† We are happy to guide you through this important and complicated process.
For more articles and topics related to business transfer, please visit the file Agricultural business transfer† New articles appear regularly.
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