partnership

not_sure1

is anyone operating a farming parternship with their parents ? Just wondering what type of a deal you worked out no need for the specifics

my father is a young man for his age and is actively farming, however im approaching 35 quickly, hence the paper work needs to get processed quickly. I work off farm and have a v well paid but stressful job and haven't lived at home since the day I left college, I know v few locals.

Essentially my father wants to continue as he is milking his 40 cows and 40 bullocks, with me helping him at the weekend. He want to continue with this v poor reseeding policy, and dearest medications, no milk recording. I guess thats his old ways and he doens't possess the ability to digest that things could be different and there just might be wisdom to considering other methods.

His end date depends on this health which is A1 at the min, could go another 5years easy.

Im not interested in money from the farm as I only help out there, however I have so far spent 10days off this year at silage slurry busy calving periods etc, the times that all farmers need help.

If we go the partnership route do I have a right to demand a bigger say in how things are run even though Im only there one day a week at best, listening to 5min updates on whether the lawn needs to be cut can be frustrating hence I don't spend too much time in my parents house.

I have no interest in taking money from the partnership, as Im not there to earn it.

Im just wondering is there anyone else that is in a similar position to me and what way do you work things

Grueller

In my honest opinion, if you are not there day to day on the farm you don't have much of a right to force through changes that your father does not want.
What is your long term plan? Do you plan to leave your job and come home to farm? If not is one day a week sustainable to keep a farm running? Could you get employment close enough to home to make more time for the farm?
Lastly from the comments about not spending time with your parents it sounds like you don't get on too well with them. If this is the case partnership will be difficult at best and unworkable at worst. It sounds from your op that you are not sure what you want yourself.

Timmaay

If you have that little an opinion of your dad already it sounds like a recipe for disaster 2bh! Why do you want to go into partnership if you don't want any income from it? What does your dad think of a partnership? Are you qualified as a young farmer, and are you thinking about transfer of the farm in a tax friendly method? By the sound of things the only reason for you to go into partnership is for the 5grand a yr tax credits for 1st 5yrs, by the sound of your opinion of your dad, and the low weekly hours you will work on the farm you shouldn't expect to be much other than a sleeping partner.

Bullocks

If you have a very well paid job why do you need a partnership in 40 milkers and 40 bullocks ? Sounds like a waste of time to me if you can't spend much time on the farm

Keepgrowing

Have you discussed your idea with the business owner?

Base price

Do you have any other siblings?

ganmo

partnerships are a written working agreement with each person detailing responsibilities. if you don't want money out of it then theres not much point in gettin a formal agreement done up.

i reckon you need to talk to your dad about your ideas without mentioning forming a partnership yet