How will you ever retire? When should you start planning for it? What are the options for selling or transitioning your business?

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What you'll learn about in this construction podcast episode:

• One thing every construction business owner should do immediately for the sake of their family and employees.
• Most common mistakes contractors make when it comes to succession planning.
• Misconceptions construction business owners have about succession planning, exit planning and selling their business.
• The worst case scenario you need to plan for...that's worse than you dying.
• The five most common exit strategies for construction businesses.
• The key ingredients for each exit strategy.
• You might be surprised how far in advance you should start planning for an exit or succession.

Other resources mentioned in this construction podcast episode:

Get your free 10 day trial of The Construction Business Accelerator

Free video series: Secrets of Successful Contractors

Free Strategy Call – Own a construction business? Click here to schedule your free strategy session with Todd Dawalt.

How you can connect with Ken Hedlund of Somerset CPAs:

Company website: www.somersetcpas.com

Connect with Ken Hedlund on LinkedIn

Ken's email address: khedlund(at)somersetcpas.com