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.

Three Elephants in the Roofing Contractor’s Office Before the Exit

Once you have financial clarity for your retirement you can focus on becoming less of a manager and more of a coach mentor.

Kevin Kennedy

August 21, 2019

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Many baby boomer roofing contractors intuitively understand they need to plan for the exit but are consumed with the day-to-day grind and procrastinate.

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

February 25, 2019

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A business owner cannot replace themselves (succession) until they can clearly envision their financial future (exit plan).

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

Joe Bazzano Kevin Kennedy

October 17, 2018

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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.

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

August 27, 2018

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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.

It's important to get greater clarity in your ﬁnancial future and retirement planning now.

Kevin Kennedy

April 6, 2017

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The entire process of exit planning can get bogged down with the technical jargon of accounting, law, tax codes, estate planning, insurance and financial planning.

Challenges and Solutions on the Current Labor Shortage in Roofing

Join us for an in-depth conversation about the labor shortage with a panel of low and steep-slope contracting and manufacturing professionals. We will discuss why businesses are finding it difficult to scale up to meet the rising work demand, and leave with solutions you could implement to potentially overcome staffing woes.

This course examines how researching and incorporating these rebate opportunities into the design and bid process can help solidify an end user’s decision to invest in an energy-efficient system like membrane roofs.

Roofing Contractor Magazine

2019 November

The November issue features our Residential and Commercial Contractors of the Year for 2019! Check out our interviews with these outstanding contractors, including video from Best of Success.

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