Woodbury: Farm Family Business
Lance Woodbury DTN Farm Business Adviser
Wed Dec 4, 2013 02:54 PM CST

In my last column, I wrote about the "soft issue" of communication: Family business members need to take time to discuss their goals, plans, values, expectations and the culture of the business. Because partners generally know each other well and have spent significant time together, they take agreement on such topics for granted. The result is often frustration and conflict as differences arise during harvest or at family gatherings, instead of emerging during a time of focused discussion and structured dialogue.

Another difficult soft issue in the family business is the return of family members to the enterprise. Bringing a ...

Quick View
Related News Stories
Ag Interest Rate Snapshot
Co-ops See Record 2014 Income, Revenue
Harnessing Drones
Monsanto Posts 4Q Loss
Taxlink by Andy Biebl
Groups React to TPP Deal
Negotiators Reach TPP Deal
Klinefelter: By the Numbers
USDA Finds Probable PED Virus Source
Minding Ag's Business