NEWARK, Ohio - Anyone who owns a family business or is interested in starting one will have the opportunity to learn business tips from an internationally known economist at an Ohio State University Extension-sponsored seminar.
The Licking County office of Ohio State University Extension and Farm Credit Services will be hosting David M. Kohl, a professor of agricultural finance and small business management and entrepreneurship at Virginia Tech, on Dec. 12 at the OSU/Central Ohio Technical College Newark Campus.
Registration cost before Dec. 7 is $20 for the first family member and $10 for each additional member. Cost of registration after Dec. 7 is $25 for the first family member and $15 for each additional member. Meals are included in the registration fee.
"Anybody who has a family business - this seminar is appropriate for them," said Howard Siegrist, an Ohio State Extension agent. "We hosted David Kohl a couple of years ago and had a strong showing. Over 200 people attended."
The program, called "Family/Business Transition Seminar: Financial planning in agriculture," will focus on a variety of topics including the 10 rules of transition management; how to reduce deferred taxes; land values; the cost of family living; and how much money is needed to retire. The seminar runs from 9 a.m. to 3 p.m.
Kohl, who earned his master's and doctorate degrees in agricultural economics from Cornell University, has conducted over 2,400 workshops and seminars for agribusinesses. He has published four books and over 300 articles on financial and business-related topics and regularly contributes to Farm Journal, Top Producer, AgriFinance and the Journal of Agricultural Lending. Kohl has been recognized as one of the leaders in establishing guidelines for the standardized reporting and analysis of agricultural producers' financial information on a national and international level.
For more information, contact the Licking County office of Ohio State Extension at (740) 349-6900, or e-mail Howard Siegrist at siegrist.1@osu.edu.