#8: Handing on to the Next Generation with Accountant and Grazier Sarah Becker

The AgriCoach Podcast by The Financial Bloke · Feb 28, 2022 · 1h 3m

A family business is a great way to build intergenerational wealth but by nature they’re a bloody tricky beast. We have all heard the horror stories of families that had built successful intergenerational businesses only to deteriorate into squabbles and eventually total breakdown. Not only is all that wealth squandered, but opportunities for future generations are lost, and family relationships are permanently damaged. It is rarely due to a one-off event. More often it is owing to a series of cascading incidents over the very long term and through the generations.

I noticed throughout my…