This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.
This Website Uses Cookies
By closing this message or continuing to use our site, you agree to our cookie policy. Learn More
This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.
Roofing Contractor logo
search
cart
facebook twitter linkedin youtube
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Roofing Contractor logo
  • EMAGAZINE
    • eMagazine
    • Archive Issues
    • Contact
    • Advertise
    • Subscribe
  • NEWS
  • TOPICS
    • Cool Roofing
    • Low Slope
    • Metal
    • Products
      • Featured Products
    • Product of the Month
    • Project Profiles
    • Safety
    • Steep Slope
    • Sustainability
    • Trade Shows
    • Technology
  • EXCLUSIVES
    • Best of Success
    • Contractor Profile
    • IRE Show Daily
    • Made in the USA
    • Roofing Contractor of the Year
      • Enter Roofing Contractor of the Year
    • Top 100
      • Enter the Top 100
    • Young Guns
    • Web Exclusives
    • Editor's Choice
    • State of the Industry
    • Century Club
  • COLUMNS
    • Editor's Note
    • Measuring Up
    • Legally Speaking
    • Safety Advice
    • Technical Details
    • Guest Column
    • High-Tech Roofing
    • Sustainable Roofing
    • Marketing Makeover
    • Leadership Selling
  • BLOG
    • Damato of the Day
  • MULTIMEDIA
    • Roofing Quiz
    • Videos
    • IRE 2020 Videos
    • Podcasts
    • Webinars
    • Photo Galleries
    • Interactive Spotlights
  • MORE
    • Classified Ads
    • Roofing Contractor eNews
    • RC Store
    • Directory: Roofing Resource
    • Market Research
    • Custom Content & Marketing Services
  • EVENTS
    • International Roofing Expo
    • Industry Events
    • Webinars
    • Best of Success Conference
  • DIRECTORY
    • Associations
    • Distributors
    • Manufacturer/Supplier
    • Business Services
    • Get Listed
Home » Keywords » succession planning

Items Tagged with 'succession planning'

ARTICLES

EP_Img1_1170.jpg

Baby Boomers Are Selling Roofing Companies

Kevin Kennedy
August 27, 2021
No Comments
These 10 keys are sound business practices in preparing your company for a sale or merger and acquisition, adding value to your company whether you sell to a competitor or investors.
Read More
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.


Read More
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.
Read More
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.
Read More
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.
Read More
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.
Read More
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).
Read More
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.
Read More
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.
Read More
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.
Read More
More Articles Tagged with 'succession planning'
Subscribe For Free!
  • eMagazine Subscription
  • Sign Up for the eNewsletter
  • Online Registration
  • Subscription Customer Service

More Videos

Popular Stories

pexels-mikhail-nilov-7731332

New Florida Insurance Law’s Impact on the Roofing Industry

Elevate_logo_stacked_gradient

Firestone Building Products Rebranding as Elevate

courtroom

Former Employee Admits to Stealing $394K from Roofing Company

roofing quiz

Events

September 20, 2021

Family Dynamics Tearing You Apart? When Unexpected Change Works Well Unexpectedly

Hear how the 2018 Commercial Roofing Contractor of the Year and his sons navigated that challenge and others encountered when running a successful family business.
View All Submit An Event

Submit a Request for Proposal (RFP) to suppliers of your choice with details on what you need with a click of a button

Start your RFP

Browse our Buyers Guide and Sourcebook for equipment, distribution, ingredients, quality control, and much more!

Find Suppliers

Roofing Resource

Get our new eMagazine delivered to your inbox every month.

Stay in the know on the latest roofing industry trends.

SUBSCRIBE TODAY!
  • Resources
    • Construction Group
    • Partners
    • List Rental
    • Subscribe
    • Survey And Sample
  • Videos
  • Want More
    • Connect
  • Advertise
  • Privacy
    • PRIVACY POLICY
    • TERMS & CONDITIONS
    • DO NOT SELL MY PERSONAL INFORMATION
    • PRIVACY REQUEST
    • ACCESSIBILITY

Copyright ©2022. All Rights Reserved BNP Media.

Design, CMS, Hosting & Web Development :: ePublishing