Transition Planning Guide for Agribusiness

The surest way to reach a business goal is to plan on it. Successful Manitoba agribusiness owners are focused people. They have clear, flexible, short and long term business plans – and they monitor and revise their plans regularly.

Whether you’re starting, growing or passing along your business, you need a solid business plan. Manitoba Agriculture can help you build a plan for success.

Successful transition planning involves looking ahead and planning for the future. Leaving behind a healthy business is important to keep it viable and profitable for the long term. Use the following resources as a guide to create a transition plan for your agribusiness.

Transition Planning Guide for Agribusiness (Full guide, PDF 8.24 MB)

 

Sections:

Introduction to Guide (PDF 303 KB)

Case Study (PDF 83 KB)

Chapter 1: The Road to Transition Planning Success (PDF 32 KB)

Chapter 2: Initial Planning Meeting (PDF 44 KB)

Chapter 3: Phase 1 - Readiness Assessment

This includes topics that will help you to determine if you are ready to begin transition planning. Transition planning requires a significant investment of time, money and emotional resources. It is easier for ownership and management to make adjustments before beginning to work through the process. 

 

Chapter 4: Phase 2 - Plan Development

Foundation 

 

Strategic Direction 

 

Meeting and Communication 

 

Transition Options 

 

Estate Plan Elements 

 

Human Resources 

 

Agreements 

 

Chapter 5: Phase 3 - Plan Implementation (PDF 156 KB)


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