Importance of Good Communications for Generational Ag Business Transfers

Allan Vyhnalek

No 413291, Cornhusker Economics from University of Nebraska-Lincoln, Department of Agricultural Economics

Abstract: Effective communication within a farm or ranch family, especially when multiple generations are operating and managing the business, is the underpinning of all other decisions made in a family business. It is critical that farm and ranch families identify areas of contention and develop communication skills that will allow them to negotiate satisfying outcomes. This may involve basic skills training, including communication, problem solving, and decision making.

Keywords: Farm; Management (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:ags:nbaece:413291

DOI: 10.22004/ag.econ.413291

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