It is important that the second generation understands that farming is an equity game not a cash game.

Family farms: Recognition + Appreciation > Return on Assets

AME Management: Keep track of good old-fashioned sweat equity

Reading Time: 3 minutes Income is important in a multi-generational farm business, but sometimes the key that actually unlocks a farm’s prosperity has more to do with long-term clarity and its members’ sense of opportunity. Therefore, if you are the second generation (SG), you must ask yourself: “Do I have a career path to ownership? Or am I just […] Read more