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Home » exit planning

Articles Tagged with ''exit planning''

business exit planning

Why You Need Both an Exit and Succession Plan

Exiting in the next 15 years? Both the owner and the business need an exit strategy.
Kevin Kennedy, Founder and CEO of Beacon Exit Planning
Kevin Kennedy
February 25, 2019
No Comments
A business owner cannot replace themselves (succession) until they can clearly envision their financial future (exit plan).
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Roofing business exit planning

If You Lost Everything You Owned: Using Asset Insulation in Your Roofing Company Exit

As a potential defendant in a civil case, it is important to understand the process of a plaintiff’s attorney.
November 19, 2018
No Comments
It’s no surprise that in today’s society civil litigation has become an ever-increasing threat to business owners and affluent individuals.
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Roofing Exit Planning Book

Q&A: A Look into "The Contractor's 60 Minute Exit Plan"

Joe Bazzano
Kevin Kennedy, Founder and CEO of Beacon Exit Planning
Kevin Kennedy
October 17, 2018
No Comments
Kevin Kennedy and Joe Bazzano's first book, The Contractor's 60 Minute Exit Plan, is a 82-page book offers a guide for roofing contractors to navigate the scary and sometimes treacherous process of exiting their business when the time is right.
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exiting your roofing business

Can You Afford to Exit Your Roofing Contractor Businesss?

The fear of outliving your money can easily be diminished with an investment in basic exit planning
Kevin Kennedy, Founder and CEO of Beacon Exit Planning
Kevin Kennedy
August 27, 2018
No Comments
Most owners, whether their business is worth $2 million or $30 million, continue to be stuck in their business until they can clearly see the path to replace their income and maintain their lifestyles.
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family roofing business

Non-Tax Related Rules for Business Succession

Blood may be thicker than water but blindly following blood lines can create a quagmire.
Monroe Porter
May 4, 2018
No Comments
Family business consultants and research estimates that 30 percent of businesses make it to a second generation, and only 12 percent to a third.
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exit planning

7 Key Risks in Your Roofing Business Exit

Kevin Kennedy, Founder and CEO of Beacon Exit Planning
Kevin Kennedy
April 11, 2018
No Comments
Most company owners have never exited a business and are unaware that the odds are against them.
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Tax Reform

How Tax Reform Could Mean a "BOOM" to Commercial Roofing

New tax laws will make it less expensive to operate your business this year compared to last.
Joe Bazzano
February 22, 2018
No Comments
This article will review some of the tax reform bill’s provisions as they relate to business owners in the roofing industry, and provide some guidance on changes that may be appropriate for the exiting owner.
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Exit Planning

Exit Planning: How to Retire by Replacing Your Income and Replacing Yourself

Art Aisner, Editor-in-Chief of Roofing Contractor and Roofing Supply Pro
Art Aisner
February 5, 2018
No Comments
Leaving any business that you've spent a career building can be a challenge.
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exit planning

Thank You Ladies: My Husband is Procrastinating His Roofing Company Exit Plan

What’s your plan to capture over 70 percent of your illiquid wealth trapped inside your roofing business?
Kevin Kennedy, Founder and CEO of Beacon Exit Planning
Kevin Kennedy
December 13, 2017
No Comments
To be perfectly fair to their partners, planning for the exit is complicated, especially when the owner is preoccupied with the day-to-day business.
Read More
Best of Success

Best of Success Seminars: Guess Who Could Take Over Your Business if Something Happens to You Today?

Laurie Spencer
Courtney Dobson
Courtney Dobson
December 11, 2017
No Comments
Following the sudden death of her husband, Dave Spencer, Laurie made the decision to leave behind a successful career as a salon owner, and take over Dave's roofing business.
Read More
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