There is a lot riding on a farm, year by year. When a farm transition — or talk of a farm transition — gets added in to the mix, it can be a real challenge to manage the farm, the discussions, and navigate all the important decisions necessary to bring on the next generation of… Read More
Tag: Elaine Froese
On this weekend’s show, host Shaun Haney discusses: Kody Blois’ private member’s bill C-359, which is aimed at speeding up approvals of new agriculture products; AgriRecovery details for Saskatchewan, Alberta and British Columbia; Canadian Farmer Sentiment Index thoughts; and, Elaine Froese, farm family coach, on when to walk away from the farm transition. Thoughts on… Read More
Thanks for tuning into Tuesdays with Lyndsey on RealAg Radio, hosted by Lyndsey Smith. On the show: Elaine Froese, Farm Family Coach, on when to walk away from the farm transition; A clip from our Profitable Practice on stripper headers with Darren Maddess; Lorne Grieger with Prairie Agriculture Machinery Institute on managing header losses in… Read More
Thanks for tuning in to this Tuesday edition of RealAg Radio! On today’s show, host Shaun Haney plays a clip with Gerrit Herrema on changing technology from a recent The Successors podcast with host Kara Oosterhuis, as well as a clip from the latest Mind Your Farm Business episode with Elaine Froese, farm family coach,… Read More
If you are a farmer or farm business owner, succession planning is a critical process that you cannot afford to overlook. Succession planning involves transferring ownership and management of your farm business to the next generation, and it is essential for ensuring the long-term viability of your business and your family’s financial future. In this… Read More
There’s no denying that farming is a string of tough decisions, from managing finances, inputs, and equipment, to deciding rotations, and managing pests and disease. However, something that perhaps takes the cake for difficult decisions and conversations is farm succession as a whole. Not only are there big business decisions to be made when developing… Read More
Thanks for checking out the RealAg Radio show. Tune in to hear the show live on Rural Radio Sirius XM Channel 147 everyone Monday to Friday at 430 Eastern! On this episode, join your host, Shaun Haney, as he discusses all things succession planning with Elaine Froese on transferring the farm early vs. waiting too… Read More
Family farms that hold regular business meetings are 21 per cent more profitable than those who don’t. That may be, but the mere mention of “meeting” likely makes you roll your eyes or maybe grumble in disapproval. Family meetings might bring up some not-so-pleasant memories, but Elaine Froese, farm family coach, says it doesn’t have… Read More
As many are well aware, what makes a farm “tick” isn’t just the financial side of things, and a successful growing year and the operational day-to-day aren’t always the most difficult part of being a farmer. There are many things that make up the family farm unit and allow for a positive succession experience. Our… Read More
Elaine Froese has been named the recipient of 4-H Canada’s first-ever distinguished alumni award. The award recognizes outstanding accomplishments and leadership of 4-H alumni across Canada, in the areas of community engagement and communications, science and technology, environment, and healthy living, or sustainable agriculture and food security. Froese is being recognized for her accomplishments in community… Read More
It’s nice to receive recognition from your peers. It is particularly nice when your peers are also your friends and the recognition occurs in a place of special emotional significance. All these things came together for Elaine Froese during last week’s Agriculture Excellence Conference held at Winnipeg, Man. It was in the ballroom of the… Read More
Capital assets don’t buy groceries. If this statement makes you scratch your head a little, you’re likely the older generation on the farm. If you read it and think, “Don’t I know it” you might be the in-coming generation, and very likely frustrated by the lack of clarity on how the farm’s equity and income… Read More
The process of transitioning a farm business from one generation to the next is often filled with obstacles and patches where progress seemingly bogs down in the mud. Generally, the stickiest areas are the ones that come with the potential for conflict, explains farm family business coach Elaine Froese, in the interview below. “The two biggest things… Read More
Family farms involve a complex interaction between two worlds — the family and the business, and both these worlds are impacted when a new person arrives. This person can be the glue that keeps things together, or the dynamite that blows things apart. We’re talking about what happens when a son or daughter-in-law marries into… Read More
When’s the last time you sat down and thought critically about who does each job on the farm? I mean REALLY thought about it? Certain roles typically go to certain people within a farm — dad might be the lead combine driver, or always driving the seeder, while sons and daughters may have to work… Read More