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Joe Bazzano is a principal in Beacon Exit Planning, LLC (America’s Exit Planner™) and is a frequent speaker at local, regional and national events. He was recently recognized as a Top 10 accountant in Connecticut. Reach him at jbazzano@BeaconExitPlanning.com.
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.
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.
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.
After long hours and substantial risk-taking, the business owner has created an asset that, if transferred efficiently, could provide financial security for themselves and their families.