Construction Genius

Exit Strategy Experts: How to Structure and Execute a Transition to the Next Generation

Informações:

Sinopse

Transitioning a company you have founded on blood, sweat, tears, and cash to the next generation is not easy. It requires a combination of clear planning, and bloody minded persistence to structure your company correctly, and identify and develop the next group of leadership. Many construction companies start too late, and don't give enough thought to the process. Success depends on crafting a strategy now, and having the right people to guide and help you along the way.  In this week's podcast episode, I talk to exit strategy experts Craig Boyce and Noli Snobar of BFBA. They give us a detailed explanation of proven exit strategies. Craig and Noli also talk about how to improve your company structure and the importance of providing mentorship to the younger generation in your company. You'll go away from the interview with specific action items to jumpstart your succession planning process.  Don't miss out on today's episode!  Discussion Points: 0:00 Introduction 4:46 Why construction company owners struggle