Succession Planning

  • Big50 SecondLook: Delbert Adams

    After 22 years of building Ilex Construction into a remodeling and custom-home powerhouse, Delbert Adams starts anew. Year one was a winner.

     
  • SecondLook: John DeCiantis

    This class of 2001 Big50 returns to what he loves doing: working with his hands on unique projects.

     
  • Second Look: An Update on Big50 Remodelers Candi and Troy Hilton

    A few years ago, Candi and Troy Hilton moved from Kansas to Florida. They're now opening a new remodeling company, New Leaf Construction, in Naples, Fla.

     
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    Established Florida Remodeling Company Gears Up for Change

    A name change, succession plan, and staff restructuring prepare John Kiernan's remodeling company to weather future economic storms.

     
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    Question on Sharing Company Stock

    What happens to the shares of stock allocated to an employee in a company with an ESOP (employee stock option plan) when the employee leaves the company?

     
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    3 to Watch: Young Remodelers on the Rise

    Glen Knight spent almost a decade working in corporate jobs in California and Tennessee before reaching a crossroads in his career that had him contemplating his long-term goals.

     
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    Preparing a Remodeling Company for Sale

    Since selling my remodeling business in 2004, I’ve been asked by many remodelers for insights into how they might sell their own companies. There’s no one-size-fits-all answer. Each business is unique and each prospective buyer is looking for unique characteristics.

     
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    Sharing Company Ownership

    What is shared ownership, and how do you structure it?

     
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    Big50 SecondLook: Bill Medina

    After Bill Medina was named Big50 in 1994, his company experienced record growth, nearly tripling in size after acquiring roofing, framing, hardwood flooring, and distribution companies.

     
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    Preparing for the future of your business

    Succession planning, a rarity in the industry just a decade or two ago, has become a serious priority for many remodelers big and small.