Contractor Succession LLC
Helping small to mid-sized contractors map out their successful exit strategy through business coaching and business process improvement.
I always appreciate hearing from business owners that acknowledge they need help. Most of us are too proud to take the step to ask for help but that is often the only way to get to the next level of success.
Most of us don't do certain things in our business because we're lazy, it's usually because we don't know what we don't know. I learned very early in my career as a business owner that having coaches and mentors are critical to growing our business. I was fortunate enough to run into Marty Wolff before I could screw things up too bad. He was a trusted advisor and helped me achieve far more than I could have done myself.
I like to think I can be that for contractors looking to take the next steps in their professional journey.
Don't let your pride get in the way of your ultimate success. Ask for help.
I'm excited to be able to present our State-of-the-Union Assessment report to a new contractor client tomorrow. After interviewing about 10 of their employees and doing a deep dive on financials, compensation, benefits, culture, etc., I provide a detailed analysis of the business. In addition to identifying strengths and weaknesses, I put together a cursory valuation of the business and income and value projections for upcoming years.
Finally, the report includes an implementation plan, designed to improve performance, develop leadership and get all hands on deck for growth and improved organizational health.
If this is something your organization needs, please reach out to me to discuss. Whether you're looking to transition out in the next few years or just looking to improve your overall operations and profits, I can help. If it's results you're looking for, I have the experience and patience to help you move forward.
Contact me at [email protected]
It's amazing the number of folks who own businesses, but have zero idea what their exit strategy should look like. If you own a business, especially a contracting or home services business and haven't given any consideration to transition and/or retirement, it's worth a chat to see if I can help you.
Only about 30% of business owners are able to sell their companies. Most often, it's because they have no plan and are not structured to sell. Let me help you develop a structured plan to make your business more saleable.
After listening to John Warrilow's interview with Bill Hudenko on the Built to Sell podcast, I wanted to summarize his "5 Factors of Well-being".
https://www.goodcoinc.com/an-attitude-of-gratitude/
09/13/2023
https://contractorsuccession.com/we-know-what-we-should-be-doing/
I'm reposting a blog post from a few years ago. It's a great reminder.
We Know What We Should Be Doing - Contractor Succession LLC We Know What We Should Be Doing by Scott Good | Aug 5, 2019 It’s Not Rocket Science Our process at Contractor Succession usually launches with an on-site client visit that we affectionately term our “State-of-the-Union Assessment”. This involves an in-depth analysis of the business from soup t...
04/20/2023
https://contractorsuccession.com/we-know-what-we-should-be-doing/
Here's a blog I wrote about 5 years ago that has stood the test of time.
We Know What We Should Be Doing - Contractor Succession LLC We Know What We Should Be Doing by Scott Good | Aug 5, 2019 It’s Not Rocket Science Our process at Contractor Succession usually launches with an on-site client visit that we affectionately term our “State-of-the-Union Assessment”. This involves an in-depth analysis of the business from soup t...
09/08/2022
https://www.contractormag.com/management/article/21249432/the-succession-plan
Here's an excellent article on franchising. When considering a transition from your business, this could be another viable option.
The Succession Plan Franchising could pave the way for a seamless transition—with other helpful benefits—for a smoother business plan.
08/09/2022
Give us a call to discuss
Home - Contractor Succession LLC Finish Strong. Finish Well. Let’s face it. As contractors, we’re a down-to-earth group of people. No pretense. Truth be told, we don’t really even know what that means, nor do we care! What we do is get stuff done. And we’ve built a business, and a life, doing it. But there comes a time when...
02/22/2022
This is an excellent article that asks very relevant question for owners of family businesses.
The Key Questions About Your Family Business The pandemic has prompted a lot of fifty- and sixty-something owners to consider selling. Here's what you need to ask yourself before you make that decision.
02/21/2022
Here's a great article from Adam Coffee about growing your business. He makes some fantastic points.
Council Post: How To Take Your Small Business To The Next Level If you decide you want to grow your business, you need to openly and honestly admit to yourself that you will need to make some big changes.
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210 Treetops Drive
State College, PA
16801