There are two main parts to developing a succession plan: (1) the “process” – discussing it, thinking about it, researching options, planning, deciding and (2) the “documentation” – recording the decisions through a written succession plan.
See OMAFRA Factsheet Farm Succession Planning Steps and Checklist, Order No. 10-025 for information on the planning process. This factsheet deals with the components of a written succession plan. | READ MORE
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