Tag: construction retirement

Business

Smooth operator: How to seamlessly transition your construction company from one generation to the next

For the December issue of Equipment World, architect and construction attorney James K. Zahn, FAIA, FALA, Esq., of Chicago-based Sabo & Zahn, provided us with advice on steps a contractor must take when planning to sell or gift a construction business to the next generation. Equally important, however, is ensuring the transition goes off without […]

December 17, 2013

Business

6 steps for passing down your construction business to your children

You’ve grown your construction firm into a thriving business, and now you’re ready to retire. Your children are waiting in the wings to take over the company they’ve been groomed to run since they were old enough to climb onto a piece of equipment. However, you know you can’t just hand over the reins and […]

December 11, 2013