Episode Details

Shay Foulk, lead consultant at Ag View Solutions, discusses his role in helping farm operations with succession planning, cost of production, and business growth. He uses the Farm Profit Manager tool to optimize cost of production and offer an annual executive business conference and peer group sessions. Faulk emphasizes the importance of clear communication, family and business governance, and accountability in transition planning. He highlights the need for detailed financial planning and the risks of undivided interest in estate plans, which can threaten farm sustainability across generations