Exit Plan that Lets You Keep Working

By Karen L. Edwards, RCS Editor.

If you’re tired of owning your own business but love roofing, this plan might be right for you.

When you think of exit planning for your roofing company, do you envision retirement? Maybe you haven’t even thought of exit planning for your business. Often, owners don’t start even thinking about it until they are ready to leave or retire.

Owning a business can be tiring. The first years are particularly challenging, and many owners struggle to succeed. You don’t have the luxury to not worry about the challenges that come with being a business owner. Healthcare, for instance, is a costly part of owning a business – especially with costs on the rise every year.  Adhering to government regulations, tax compliance, cash flow, hiring and firing are all things that keep you from focusing on the reason that you started your business in the first place – your passion for roofing!

Traditionally, exit planning and succession planning focus on allowing you to step out of the business. They include either being bought out, passing the business to a family member or closing the doors for good. Maybe you are not ready for retirement, but you are ready to give up the hassles of being an owner.

What if you could eliminate the worries that come with being a business owner, but continue to run your business operation? There may be a way for you to do just that – continue running your current operation by working for a larger company that provides all the benefits you need, including competitive salaries, benefits and retirement.

There are many benefits to a Contractor Employment Program including:

• Office staff and field personnel job security
• Career advancement and opportunities for current employees
• Client satisfaction and retention
• Retirement planning (401K)
• Life insurance
• Additional income (leases, equipment, commissions)
• The opportunity for low risk/high benefits - annual revenue/profitability
• Exit planning vs. succession planning

If this sounds like a fit for you, download this informational sheet on this unique exit plan opportunity.