flexiblefullpage
interstitial1
Currently Reading

10 Tips for Transitioning Out of Your Business

Advertisement
billboard
Business

10 Tips for Transitioning Out of Your Business

On this episode of Remodeling Mastery, host and industry advisor Mark Richardson dives into what to consider as remodelers plan their exit


July 12, 2022
remodeling mastery mark richardson
remodeling mastery mark richardson

 

Whether it's an aging out or taking a step back, transitions are inevitable. Remodeling Mastery host and industry advisor Mark Richardson says that it's best to guide the transition rather than allowing it to guide you.

In order to do so, it's important to start early and create a clear vision. In this episode, Richardson offers up 10 considerations to help define what type of transition will work best for you and your business.

Richardson says to start by asking how you want to feel in five to 10 years?

"How you want to feel might be free," says Richardson. "How you want to feel might be related to your health. How you want to feel might be related to a financial freedom. How you want to feel may be devoting your time and energy to causes other than your clients and projects."

 


written by

Mark Richardson

Contributor

Mark Richardson, CR, is an author, columnist, and business growth strategist. He authored the best-selling book, How Fit Is Your Business? as well as his latest book, Fit to Grow. He can be reached at mrichardson@mgrichardson.com or 301.275.0208.


Add new comment

Plain text

  • No HTML tags allowed.
  • Web page addresses and email addresses turn into links automatically.
  • Lines and paragraphs break automatically.
leaderboard2

Related Stories

Brian Gottlieb Receives Remodeling Mastery Award

Presented by industry icon, Mark Richardson, the award celebrated Gottlieb’s extraordinary impact on remodeling

What's Beyond the Hammer?

Working with Brian Gottlieb on the book Beyond the Hammer provided a masterclass on how to build an aligned team 

Real AI Applications For Remodelers

Tech-forward remodeler Michael Anschel shares how he uses artificial intelligence in his business.

How to Eliminate Boring, Languishing Meetings

Leff Design Build ensures maximum productivity and efficiency through these straightforward methods

5 Counterintuitive Strategies to Improve Your Business

Follow these strategies to inspire employees, instill trust, and beat the competition

Couple Act As Much More Than General Contractors

How LBR Partners uplifts and educates their Spanish-speaking trade partners

Artificial Intelligence Meets Design

An architect looks at the pitfalls of using technology to take over human design tasks 

How to Correctly Hire for Business Growth

Refloor CEO Brian Elias shares exactly how his company hires the correct people for the correct seats

Managing Business Risk to Embrace Risk

As remodelers, our product is risk. Yet within our businesses, we fear risk. Just like with your projects, if you plan accordingly, your risk comes with reward

What the Most Successful Remodelers are Doing Right Now

Industry advisor Mark Richardson shares the answers to his three most asked questions: What's the remodeling market like? What are other remodelers doing? How do I measure up?

Advertisement
boombox2
Advertisement
halfpage2
Advertisement
native1

More in Category




Advertisement
native2
Advertisement
halfpage1
Advertisement
leaderboard1