Woodbury: Farm Family Business

Tight Margins, Tighter Family

Lance Woodbury
By  Lance Woodbury , DTN Farm Business Adviser
Leaner profits can lead to stressful reactions in any family business. Compiling good financials, prioritizing and developing contingency plans can lessen problems. (DTN photo illustration by Nick Scalise)
When family members are stressed, they tend either to shut down or explode. Try these tips for heading off emotional side effects of thin profit margins.

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Lance Woodbury