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

Accounting, particularly profit and loss statements, is much easier to understand than many contractors realize.

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

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.

It's funny how some things have changed in the last 40 years regarding contractors but much hasn't.

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.

There are simple procedures and financial logic that can help roofing contractors avoid negative financial situations.

Last November marked the end of one of the most contentious presidential elections in quite some time.

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.

A buy/sell agreement is a document drafted between two or more business owners.