Planning for the Next Generation
Richard Cott, a farmer from Cott Family Farms in Clay Center, Kansas shares the challenge of transitioning his farm to his son Kyle. He acknowledges that passing on a farm isn't as simple as flipping a switch; it requires careful planning over a long period. Richard found UnCommon Farms to be a valuable resource in this process. His testimony highlights the difficulty he's faced in balancing his love for farming with the need for sound business practices to ensure the farm's future success. Richard sees particular value in collaborating with other farmers through Uncommon Farms, believing their experiences and insights can benefit his own generational handover. Overall, he emphasizes the importance of long-term planning and seeking help for a smooth transition of family farms from one generation to the next.