Never-ending bush journey
Carrick Aland Managing Partner and rural Succession Specialist, Wayne Turner, will be speaking at a free Rural Financial Counselling Service event in March.
Following up on enquiries from growers and graziers in the Toowoomba region, the Rural Financial Counselling Service Southern Queensland has invited Wayne to be part of an impressive lineup presenting a two-hour free succession planning workshop on 3 March 3 2021 in Clifton with MC Lloyd Russell, Toowoomba lawyer Sheelagh Gray, Kate Dunk (QRIDA) and Craig Turner (RIC).
PASSING on the family primary production business is not just the transfer of assets and ownership when people think the time is right. It’s a never-ending journey.
And Wayne said that there’s more to succession planning than just the financials.
“For those who think they’re going to have trouble extracting themselves from the farm, but conscious of providing more responsibility and autonomy to the next generation and wondering ‘what’s left for me’, the secret is about thinking smarter and finding a new role for yourself.”
“Advising and facilitating succession conversations has evolved as part of my own succession plan. The topics I cover in Clifton will draw upon all the different facets of financial experience I’ve gained during a career lifetime. No doubt older generation farmers will be able to draw upon such broad experience as well.”
“It’s thinking laterally about how you can apply it in a different way.”
Viewed as a critical component of family business continuity, succession planning is the process of passing the finances, assets and operations of a business over to the future generation.
With over 35 years’ experience consulting to and advising rural families in the areas of accounting, taxation and financial services, Wayne proactively assists in achieving the successful intergenerational transition of rural family businesses and their related assets.
“With a sharp focus on gaining a true understanding of each family’s objectives, together with a strong appreciation of the individual and financial dynamics that impact their realisation, Carrick Aland is well-equipped to facilitate and formulate no-nonsense strategic succession solutions,” Wayne added.
The Rural Financial Counselling Service Southern Queensland offers free, confidential, impartial financial counselling for primary producers and associated small businesses that are facing financial challenges. To register for the Clifton event, visit www.rfcssq.org.au or call 07 46 22 5500.
- Read more about Carrick Aland’s succession planning process here »
- Read more about Wayne Turner here »
10AM Wednesday, 3 March 2021
Clifton Senior Citizens Centre
Register for free at www.rfcssq.org.au