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Home » Keywords » succession planning

Items Tagged with 'succession planning'

ARTICLES

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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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 – How to Cash Out, Eliminate Taxes and Retire Comfortably

CHAPTER 1: There’s Only One Guarantee – Part 1
Joe Bazzano Kevin Kennedy
December 27, 2019
No Comments
No matter the reason for an exit, planning for the inevitable is essential. The stakes are too high to ignore.
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exit planning

8 Key Disciplines of a Successful Exit from Your Roofing Business

Ideally, succession planning should be an ongoing process so that when you’re ready, the final transition can take place in three years.
Kevin Kennedy
November 22, 2019
No Comments
An owner's exit from a business will probably be the largest financial event of their life.
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roofing exit planning

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
No Comments
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.
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business exit planning

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
No Comments
A business owner cannot replace themselves (succession) until they can clearly envision their financial future (exit plan).
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Roofing Exit Planning Book

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

Joe Bazzano Kevin Kennedy
October 17, 2018
No Comments
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.
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family roofing business

Non-Tax Related Rules for Business Succession

Blood may be thicker than water but blindly following blood lines can create a quagmire.
Monroeporter
Monroe Porter
May 4, 2018
No Comments
Family business consultants and research estimates that 30 percent of businesses make it to a second generation, and only 12 percent to a third.
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exit planning

7 Key Risks in Your Roofing Business Exit

Kevin Kennedy
April 11, 2018
No Comments
Most company owners have never exited a business and are unaware that the odds are against them.
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Tax Reform

How Tax Reform Could Mean a "BOOM" to Commercial Roofing

New tax laws will make it less expensive to operate your business this year compared to last.
Joe Bazzano
February 22, 2018
No Comments
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.
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More Articles Tagged with 'succession planning'
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