At age 35 the son should be ready for the role of manager unless he has willfully ignored such opportunities or has been excluded from them. Lets pump the brakes on buying dad out. That may or may not be a possibility depending on the family and its financial structure. Only Bruce and his son know if this is possible based on each's expectations. Your opinion most likely is well intentioned but many out there would throw out such advice as they are jealous of others that have what they do not. One of the most successful younger farmers in my community had his father gift nearly all of the farm over to spare the son a ruinous debt situation. Don't let speculative coffee shop talk take the place of hard mathematics in trying to sort that out. All that aside dad should be communicating his intentions of wanting a buyout very early on in a father son business so the son can figure out what needs to be done versus being blind sided as a middle aged man.
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Today's Featured Article - Oliver 550 Purchaser Checklist - by Greg Sheppard. Pound for pound the 550 is better than anything I've seen. It has great power for its size and can really hunker down and lug. Classified as a 3-bottom plow depending on soil conditions. I personally don't think it can be beat for a utility tractor in the 40 HP range. They are extremely thrifty on fuel, at least my DSL is. Most drive train parts are fairly easy to get. Sheet metal is probably the hardest thing to
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