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Farms & Land: Business Strategies For The Exit

SMB Podcast: Episode Five with Guest Walter Carnes

· articles,selling a business,podcast,exit strategy,planning

Episode Five Overview:
In this special episode we discuss how to plan for an exit from a farming business or rural land-related project. Walter Carnes, a Bowling Green Kentucky-based realtor, joins us to discuss this important topic. Many factors stack up to determine whether you'll get more (or less) for your operations, equipment, property and how much of it you'll actually end up keeping.

3 Key Points

  1. Exit planning is often delayed or incomplete for most farming and land-related operations
  2. Numerous opportunities exist to diversify revenue generation and increase overall value
  3. Having a plan ensures a higher selling price and enables stakeholders to retain more from the sale or transfer

Transcript

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