Avoid these seven issues with the help of an exit planner so you can gracefully leave your business without outliving your money.

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.

Family business consultants and research estimates that 30 percent of businesses make it to a second generation, and only 12 percent to a third.

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.