Individuals thinking about returning to the family farm and ranch, or children thinking about returning, are encouraged to attend a two-session program at the Radisson Fossil Creek in Fort Worth.
“Planning the Return to the Farm/Ranch,” a program offered by Texas Cooperative Extension, will be held in two sessions: Jan. 18-19 and Feb. 22-23.
The program helps inform individuals on the issues and alternatives before making a commitment to returning to the family business, said Dr. Danny Klinefelter, Extension economist.
Planning for the future is key for a successful business, Klinefelter said. The program can benefit a family whose child is planning to return to the farm or ranch within one or two years.
“Running a business encounters many challenges,” Klinefelter said. “These include family members and how they can be torn apart or end up in legal battles over issues that could have been avoided by simply using better planning and communication.”
The use of appropriate agreements and business arrangements can help overcome some of the challenges and provide “better footing for those planning a return to the family business,” Klinefelter said.
Registration is $750 per family up to four people. The fee includes a copy of the book, “Building Effective Farm Management Systems.” Materials, breaks and lunches throughout the program will be provided.
A block of rooms is available at the Radisson Fossil Creek in Forth Worth for $85 a night.
To register, visit http://rttf.tamu.edu.