Herd about the Professionals Equity partnership/Joint venture program? It’s designed to minimise the risk of a misfire or ……… a partnership breakdown during a farming joint venture and build on the combined strengths of both parties,
Do you have a succession Plan?
Want to get out of Farming at some stage but not yet?
Want to keep living in the country?
Have you considered all options?
Then Call us today to get more information or for a confidential no obligations chat ………
Morrinsville Real Estate Ltd
07 889 7069
You will already know that transferring part ownership of your farming operation to a prospective buyer is going to be a huge investment of time, effort and dollars for both parties.
Many of these joint ventures don’t end well and a major reason for them misfiring is due to differences between the two parties that lead to deteriorating relationships and eventually the total collapse of the whole venture, which is a bitterly disappointing outcome for all concerned.
Whilst it’s easy to dismiss differences as being down to expectations between generations, there is usually much more to it than that, and PMRE have been working on providing a remedy to this risk for sellers:
What if you knew the likely answers to questions about working with prospective buyers before you entered into an agreement? Questions like:
How does this prospective buyer like to be managed and motivated?
What is it about working with this buyer that is likely to irritate and annoy me?
What can this buyer add to the operations of my farm?
What am I likely to do to irritate and annoy this buyer?
What could both of us do to adjust the way we work together so that we’re stronger through our differences rather than divided by them?
Out of the prospective buyers, which one is likely to provide the most enjoyable and rewarding experience to work with, until I hand over all of the reins?
Gaining insights into these questions is often a painful drawn-out process of trial and error, but it doesn’t have to be that way.
PMRE can give you these insights into yourself and prospective buyers, when you complete a 20 minute personality profile questionnaire and review the personality profiles of prospective buyers with our business partners People Central Ltd, with the aim of both parties entering into agreements with their eyes wide open and understanding how best to work effectively together.
To start the process under no obligations, contact
Morrinsville Real Estate Ltd, phone 07 889 7069 email firstname.lastname@example.org