Tuesday, 06 May 2025 13:58

BFA and Craigs to host event on practical and emotional aspects of succession planning

Written by  Staff Reporters
uccession planning is important for a business’ and family’s future. uccession planning is important for a business’ and family’s future.

Business Advisors and Accountants (BFA) and Craigs Investment Partners will be hosting an event later this month where they will take a deeper look at the practical and emotional side of succession planning.

Succession planning is important for a business’ and family’s future but nine out of 10 farming businesses don’t have a succession plan in place, and it isn’t often thought about until retirement.

With this knowledge front of mind, farmers and rural professionals are invited to attend what will be a powerful and practical seminar headlined by rural and mental health advocate Doug Avery – The Resilient Farmer.

Avery will share his deeply personal journey through farm succession, offering a blend of emotional honesty, resilience, and practical wisdom drawn from lived experience.

Taking place on Wednesday 21 May at the Millennium Hotel in Taupō, event attendees will hear from a diverse group of expert advisors as they share their approach to successful succession planning — including key strategies, case studies, and common pitfalls to avoid.

Nick Hume, client advisor at BFA says that farm succession is one of the most important - and often highly emotional - decisions a farming family will face.

"This event is about creating space for honest conversation, sharing practical tools, and learning from people who have walked the path," he says.

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