How to build a succession plan?

RCS Influencer Heidi Ellsworth says look within for a succession plan. I come from a contracting family. My Dad was a general contractor and I grew up pouring concrete, painting and living within “in progress” renovations in many of my childhood homes.  As kids we were always working with our parents on projects. My dad was… Read More

business succession plan

Creating a Business Succession Plan Involves More Than Just Determining a Successor

RCS Influencer Trent Cotney says there are four key factors to developing a solid business succession plan. The most important step in business succession planning, regardless of industry, is to start planning early. There are four key factors applicable to roofing company owners when developing a succession plan: Choosing a successor Determining which succession vehicle… Read More

succession plan

Developing a successful succession plan takes time but it’s important

RCS Influencer Alison LaValley says a succession plan must account for the unique needs of your business and family because it empowers you to leave a lasting legacy. Succession planning can be a complex undertaking that’s filled with questions. For example: When do you want to transition out of your ownership role? How can you… Read More

Succession Planning

Succession Planning Should Be an Open Discussion

RCS Influencer Jennifer Stone says that contractors should take advantage of the resources that exist to help with succession planning. Succession planning is such an important topic, yet many family owned business seem to just avoid the subject. I’ve never been in a family business and only have experience in the corporate world, where if… Read More