Remodeling: Succession Planning

Buy and Boost: Buying a Kitchen and Bath Company

Thu, 28 Feb 2013 03:33:33 EST

To grow the company, remodeler purchases a kitchen and bath company, moves its showroom, and enhances product lines.

Main Attraction: A Remodeler Sets up a Branch Office in the Location He Eventually Wants to Retire To

Fri, 8 Feb 2013 02:22:44 EST

How one North Carolina remodeler is thinking ahead and expanding his business to Maine, where he wants to retire.

Career Move: Jobs for Remodelers Moving Into the Next Phase of Their Career

Fri, 8 Feb 2013 01:49:49 EST

RICK PROVOST points out that since remodeling and construction experience migrate well to safety work, a new career as a safety professional might fit your post-remodeling plans.

New Legacy: Handling the Transition in Company Leadership From Father to Son

Fri, 8 Feb 2013 12:54:04 EST

Legacy Remodeling, a family business, is making its transition in leadership gradually.

Decision Time: Survival or Exit?

Fri, 8 Feb 2013 12:53:31 EST

Evaluate your company's long-term survival and then decide whether it might be better to come up with an exit strategy.

Cross-Training: Young Remodelers Gain Experience at Other Remodeling Companies

Fri, 8 Feb 2013 12:45:49 EST

Time spent at other remodeling companies helps next-generation remodelers gain insight and learn more about running a remodeling business.

Purchase Plan: A Former Owner Stays Involved After the Sale

Fri, 8 Feb 2013 12:45:11 EST

A unique arrangement provides a former company owner with an active role in the business after its sale.

Moving On? ESOP Ownership Transition

Fri, 8 Feb 2013 12:45:09 EST

IRIS HARRELL: For Harrell Remodeling, an Employee Stock Ownership Plan made sense for ensuring that the company could continue after owner Iris Harrell began to ease out of the business.

Set Up a Guaranteed Pension Plan

Fri, 8 Feb 2013 12:01:02 EST

Many successful business owners are looking for ways to secure their retirement future. One way is to purchase a pension solution. Whether it involves pretax or post-tax dollars, all growth is tax deferred until withdrawal, a significant long-term advantage for otherwise-taxable accounts.

Most Workers Expect to Keep Working After Retirement Age

Thu, 7 Feb 2013 11:53:18 EST

A combined 8 in 10 American workers think they will continue working full or part time after they reach retirement age. Proportionately more of these workers, 44% to 36%, say they will do so because they "want to" rather than because they "will have to."

Close to Immortal: Passing on a Family-Owned Remodeling Company

Thu, 7 Feb 2013 11:35:53 EST

LINDA CASE: Tips for making a change in generational ownership a success.

Career Move: Pennsylvania Remodeler Closes Shop to Go Work for a Larger Company

Fri, 8 Feb 2013 10:12:13 EST

How one remodeler closed his company to head up a new-construction company's remodeling division.

Rehiring and Retirement

Fri, 8 Feb 2013 01:36:53 EST

Considerations for reinstating the retirement plans and benefits of returning employees.

Succession During a Recession

Thu, 7 Feb 2013 10:56:36 EST

Don't let the economic downturn stop succession plans for your business.

Iris Harrell: The 2009 Fred Case Remodeling Entrepreneur of the Year

Thu, 7 Feb 2013 10:48:37 EST

Self-taught, self-made, and a leader in the green remodeling and universal design communities, Iris Harrell has built a remodeling company whose innovation will outlast her tenure at its helm.

Big50 SecondLook: Delbert Adams

Thu, 7 Feb 2013 10:47:47 EST

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

Thu, 7 Feb 2013 10:44:55 EST

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

Thu, 7 Feb 2013 10:41:04 EST

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.

Established Florida Remodeling Company Gears Up for Change

Thu, 7 Feb 2013 10:26:24 EST

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

Question on Sharing Company Stock

Thu, 7 Feb 2013 10:14:53 EST

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?