Tag Archives: Synago LLC

26) Family Business Power And Control | Video

William L. Syrcle appears on The Exit Plan Show with Norman A. Hood, CExP and Host.

Identifying Family Business Power And Control Who reacts to whom? Answering this simple question is the starting point to identifying family business power and control issues. Power itself is a capacity and control is engaging the capacity. Some Laws Of Family Business Power And Control 1) Control is always negotiated. No one has control over […]

25) Assuming A Farming Operation | Video

William L. Syrcle appears on The Exit Plan Show with Norman A. Hood, CExP and Host.

Assuming A Farming Operation From The Assumer’s Perspective Most of today’s farming operations are generational in nature.  From the assumer’s (younger generation’s) perspective,  this usually means changing their role from follower to leader and from producer to visionary and motivator. This requires mentoring from the retiring patriarch, since experience is often as important as education. […]

24) Family Farm Transitions And Roles | Video

William L. Syrcle appears on The Exit Plan Show with Norman A. Hood, CExP and Host.

Family Farm Transitions Family farming operations are generational in nature, so family farm transitions often revolve around the “identities” of the two generations involved. Patriarch’s Perspective From a patriarch’s perspective, multiple changes have occurred within their lifetime.  These changes include education, size of operation, equipment required, expenses incurred, profit margins, variability of markets and land access. Together, navigating […]