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Home » Authors » Kevin Kennedy

Kevin Kennedy

Kevin Kennedy is the President of Beacon Exit, LLC. The content of this article is based on his personal experience of successfully exiting his 63-year-old roofing company, the transfer to the company’s third succession team, and his training. The information is not intended to be legal, accounting, insurance or tax advice. Please contact your business advisors for this advice. Beacon is a process consultant that provides written plans and support programs to private owners for succession and exiting their business. For more information, visit www.beaconexitplanning.com. Reach Kevin at kjkennedy@BeaconExitPlanning.com.

Articles

ARTICLES

Does your exit strategy make financial sense?

How Much Will It Cost to Sell My Roofing Company?

Joe Bazzano Kevin Kennedy
March 22, 2023
No Comments
Shaking hands

Management Buyout: The Most Popular Roofing Contractor Exit

Kevin Kennedy
December 9, 2022
No Comments
Learn the risks and rewards of planning for a management buyout to exit your contracting business
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Learn how to navigate one of the largest financial events in your lifetime

Major Risks in Your Roofing Exit

Kevin Kennedy
November 11, 2022
No Comments
These six exit strategy pitfalls could create financial risks before and during your exit and retirement. Learn how to navigate one of the largest financial events in your lifetime
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EP_Img1_900 (1).jpg

Would You Prefer Paying 15% or 57% in Exit Taxes?

Kevin Kennedy
February 25, 2022
No Comments

With more roofing companies looking to sell, now is the time to know some important facts and statistics to inform your exit planning strategies.


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EP_Img01.jpg

Selling Your Business is Not Like Selling Your House

Kevin Kennedy
December 24, 2021
One Comment

Selling a roofing business might seem comparable to selling one’s home, but making such an assumption could be costly to business owners.


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EP_Img1_1170.jpg

Baby Boomers Are Selling Roofing Companies

Kevin Kennedy
August 27, 2021
No Comments
These 10 keys are sound business practices in preparing your company for a sale or merger and acquisition, adding value to your company whether you sell to a competitor or investors.
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Photo credit: FG Trade/E+ via Getty Images.

Warning! This Could Cost You Everything

Kevin Kennedy
February 26, 2021
No Comments

There are massive mistakes roofing contractors can make when planning for a successful exit, which could account to as much as 70% of their wealth.


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Bar chart

How to Increase the Value of Your Roofing Company by 50 to 70%

Find out your Sellability Score to see whether you need to take the steps that could increase your roofing company’s value by 50% or more.
Kevin Kennedy
December 21, 2020
No Comments

For many roofing contractors, a successful final chapter of their business is to transition or sell it to a new owner so they can retire comfortably. This is a critical phase, as most contractors fail to sell, and most end in liquidation for around 10% of their book value.


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Roofing Business Exit Planning

7 Landmines to Avoid in Your Roofing Business Exit, Part One

Kevin Kennedy
March 27, 2020
No Comments
Avoid these seven issues with the help of an exit planner so you can gracefully leave your business without outliving your money.
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exit planning

The Contractor’s 60 Minute Exit Plan, Part 2 – How to Cash Out, Eliminate Taxes and Retire Comfortably - Part 2

There's Only One Guarantee – Part 2
Joe Bazzano Kevin Kennedy
January 17, 2020
No Comments
To ensure that your inevitable exit is a successful one - an exit that will deliver on your future financial, personal and business goals - you need an exit plan.
Read More
View All Articles by Kevin Kennedy
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