Events and Activities : BENTON COUNTY EXTENSION TO HOST FARM & BUSINESS SUCCESSION PLANNING WORKSHOP

Vinton will be the site of a two day workshop on Business and Farm Succession Planning starting at 1:00pm on June 17th and ending at 3:00pm on June 18th. The workshop is jointly sponsored by the Benton County Extension Service, US Bank, and the Iowa State University Beginning Farmer Center. According to Jim Jensen, Farm & Agriculture Business Management Specialist with Iowa State University Extension, “this interactive workshop will address the process of transferring businesses from one generation to the next. The workshop is designed to guide people through the process and choices involved in transferring both business management and business ownership. It will help people form a written plan of action and discuss the procedures necessary to achieve success.”

The topics to be covered in the workshop include common wants, needs, expectations, and fears associated with trying to transfer a going business. Additional information will also be covered concerning the communication process, conflict resolution, retirement planning, goal setting, and estate planning.

The workshop will be at the St. Mary’s Catholic Church, 2200 S. 2nd Ave, Vinton, Iowa. The registration cost for the interactive workshop is $150 for up to four family/business members and includes two meals. Call the Benton County Extension Office at 319-472-4739 to obtain a brochure describing the program in detail or to register for the workshop.