Articles by Kevin Kennedy

No matter the reason for an exit, planning for the inevitable is essential. The stakes are too high to ignore.

An owner's exit from a business will probably be the largest financial event of their life.

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.

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

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.

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.

Most company owners have never exited a business and are unaware that the odds are against them.

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.

Each of my customers has a story that everyone can learn from.

A benchmark company will have a written strategic succession plan.