Work

Surveyed Factors Influencing Ranch Transition Planning

Year: 2026

Type: article

Abstract: A ranch transition plan describes the actions undertaken to transfer an operation to the next generation. Transition planning comes with many challenges; however, the presence of a transition plan is essential for ranch survival into the next generation. We surveyed ranchers across the United States to identify attributes of effective ranch transition plans and factors resulting in successful transition planning. The results indicate males and respondents over 50 years old are more likely to have a transition plan. Results also show net worth and operational structure each have a relationship with the presence of a transition plan.

Source: AgEcon Search (University of Minnesota, USA)

DOI: 10.22004/ag.econ.410245

Authors: Graff, Natalie A., Outlaw, Joe L., Fischer, Bart L., Bryant, Henry L., Wickersham, Tryon A.

Language: English

Topic: Family Business Performance and Succession

Subfield: Organizational Behavior and Human Resource Management

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W7208746349

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