TRANSITION PLANNING

‘Who’s Coming With’

A custom service to ensure a smooth transition

With our transition planning services, we utilize several tools and resources to help your family’s legacy continue to the next generation. Together, we will determine goals of the individuals and the business and make a plan to reach them.

Transition planning will help you:

  • Interpret your financial situation to ensure a transition is possible

  • Plan for the future to ensure your business will last for the next generation

  • Learn to work along side family in a way that is harmonious

  • Develop operating agreements, transition plans, wills and other agreements

Family Business Transition Planning

Starting at $5000

This is a completely custom service and will vary based on the client. We will provide you with a proposal of the intended services and investment.

Example Transition Planning Services:

  • Business Goal Planning Workbook & Session

  • Personal Goal Planning Workbook & Session

  • Individual Meetings with all Parties

  • Mentoring & Leadership Meeting

  • In-Depth Financial Review

  • Business Entity Advising

  • Operating Agreement Creation

  • Transition Plan Creation

  • Advising for Wills & Life Insurance

  • On-Site or Virtual Wrap Up Meeting

    • Document Review & Signing of Agreements/ Plans

    • Q&A Session

    • ‘Next Steps’ Review

Choose this consulting package if you’re ready to:

  • Ensure your family business stays in the family

  • Incorporate a neutral third-party to help ensure success

OUR CONSULTING ACHIEVES RESULTS!

“Michelle is awesome to work with. She is very knowledgeable and a numbers “freak”!! She has been extremely flexible in helping us get our bookkeeping updated to make sure that our farm legacy continues for generations. She works behind the scenes while we are keeping the front lines moving. She has taken on our 4 business lines and is doing an excellent job defining each one.”
— Matt Raasch {Raash Farm, Elk Creek Ag, MJ Pork, R7 Trucking} IA

MEET YOUR CONSULTANT

Michelle Patten

CEO & Founder: Patten Bookkeeping & Consulting and Patten Cattle Company

Michelle Patten is a lover of agriculture and business. She combines her passions through Patten Bookkeeping & Consulting. As a six-figure earner, Michelle knows how to grow a business in a way that ensures profitability. Michelle is a certified “Ranch Kid” with all the childhood memories of hard work and fun to go along with it. She raises farm-to-table grass fed beef at Patten Cattle Company with her husband, Matthew. Together, they are always looking for new opportunities to utilize their shared entrepreneurial spirit.

Michelle has created a proven system to generate profitability and growth for agribusinesses. Together, Michelle and her clients collaborate to build a legacy for future generations. She has worked with farmers, ranchers and agribusiness owners throughout the United States and Canada. Michelle has been featured in several podcasts and newspapers, including Working Cows Podcast. Ag State of Mind Podcast and the Tri-State Livestock News.

Michelle has a Bachelor’s Degree in Business Administration & Accounting from Montana State University-Billings, where she graduated Cum Laude. She is a Certified QuickBooks Online Advanced ProAdvisor. She also proudly serves on the Montana Farm Bureau Young Farmers & Ranchers board. Serving her community is very important to Michelle and she is actively involved in the Powder River Chamber of Commerce & Agriculture as well as Southeastern Montana MOMS Club. Michelle lives on the family ranch in Montana with her husband, Matthew and two daughters, Lillian (5), Abigail (3) and son, Henry (1).