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#046 - The First 5 Financial Moves to Make When You Inherit a Farm
Description
Grow your agribusiness with expert finance strategies, book a free consultation 👉 https://use.seasonedfinance.com.au/pod-ep46
Inheriting a farm doesn’t guarantee financial security. In this episode, Brecken breaks down the first five financial steps every new owner must take to protect their inheritance, avoid hidden pitfalls and set the business up for long‑term success. From uncovering the true debt position to separating family emotion from business decisions, this episode gives you the practical framework to take control early.
◼️ Assessing the real debt tied to the farm
◼️ Separating family emotion from business structure
◼️ Building working capital and the right advisory team
Timestamps:
00:00:00 - Introduction
00:00:10 - Understanding Financial Obligations
00:01:24 - Assessing Debt Position
00:02:59 - Separating Family Emotion from Business
00:04:54 - Reviewing Banking Relationships
00:05:04 - Building a Working Capital Buffer
00:08:16 - Establishing an Advisory Team
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