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TAG: exit strategy

Profit Power: The who, what, when and how of exit planning

August 26, 2020By

Columnist Jefrrey Scott lays out the steps of a sound exit strategy for landscape company owners looking to make the change. read more

Will you be ready for your transition?

April 13, 2015By
Photo: iStock.com/8729152

I’m in my early 50s but am diligently preparing for my eventual transition out of my leadership role. I know my organization will not flourish in the future unless I’m willing to step aside at some point. I want to transition when the time is right. The company I founded was never intended to be about me, and, over time,... read more

April 2014 Web Extra: An excerpt from ‘The ESOP Coach’

April 7, 2014By

Kelly Finnell, president of Executive Financial Services, an employee stock ownership plan (ESOP) consulting firm, has centered his entire career on ESOPs and succession strategies. With more than 25 years of experience, Finnell has implemented the plan in small- to mid-size businesses nationwide, including setting up one for Michael Hatcher, president of Michael Hatcher & Associates, who is featured in... read more

Throwback Thursday: November 2005

March 13, 2014By

My brain has been wrapped around exit strategies this week, specifically the aspect of leaving a legacy and choosing your successors, thanks to some reporting I’ve been doing for the April issue of Landscape Management. I side with the notion that the most reliable successor is family. Then again I’m a little biased. My stepdad is the owner operator of... read more