Farm advisory boards are a tool used to transition farming businesses from one generation to the next across many sectors, not just agriculture. In all other family businesses, especially in other industries such as retail and manufacturing, advisory boards are a useful tool in succession planning. They provide an opportunity for all members of the family to be involved in the management of the business, and allow the business partners to set its strategic direction and to monitor its progress. They also provides more rigour for the business in its decision making process.
AgInnovate is pleased to be able to work with your business to help you an advisory board that works for you, your business and your family.
For more information please contact Danielle England at Danielle@aginnovate.com.au
Information from the GRDC "Transitioning Family Farming Businesses" can be found here: