Resource Highlight: MCAA’s Business Transition Options for the Mechanical Contractor

June 23, 2023

One of the classic mistakes that owners of mechanical contracting firms often make when transferring ownership of their company is not fully exploring all their options. MCAA’s Business Transition Options for the Mechanical Contractor reviews the various options for transferring ownership of a company and showcases the advance planning and analysis needed for a successful transfer. It’s just one of MCAA’s educational resources that are free to MCAA members as a benefit of membership.

The bulletin covers:

  • How owner motives drive decisions
  • Understanding the tradeoffs necessary to meet the owner’s objectives
  • Transfer channels available
  • The valuation and liquidity issues associated with external vs. internal transfers

In the related podcast, host Bob Lindbloom and co-host Rob Armistead discuss Exit Strategy Planning with Mario Vicari, business advisor to privately-held companies at Kreisher Miller. Play the podcast directly from the WebBook, or listen and subscribe to the podcast on iTunes or Google Play.

For a full list of available Management Methods Bulletins, visit the Management Methods Bulletins page.

Have Questions or Need Personal Assistance?

Contact MCAA’s Frank Wall.

Related Articles
ServiceTitan is the latest addition to the growing list of software platforms partnering with MCAA. The company joins Tyfoom and MCAI Training Vault in offering MCAA members an additional way to access the association’s safety and health resources.…
Get ready for an exhilarating journey into the forefront of welding technology! Join us at the NCPWB Technical Conference/Committee Meeting to learn from a case study highlighting recent advancements in adaptive welding. You will experience cutting-edge presentations that delve into the latest innovations and challenges in the welding industry. Don’t miss out…register today!…
To protect themselves from risk, contractors need to be keenly aware of how their contracts define ownership of property at every stage of construction. MCAA’s Builder’s Risk and Installation Floater Insurance explains what this insurance covers and provides steps to help contractors ensure that their company’s best interests are protected. It’s just one of MCAA’s educational resources that are free to MCAA members as a benefit of membership.…
MCAA’s National Education Initiative (NEI) Seminars bring our best programs to your local association or your company thanks to instructors like Terry and Lee Resnick, partners in Resnick Succession Group. Terry and Lee teach business owners how to enhance, preserve, and ultimately transition their companies as well as non-business assets in the most tax and cost-efficient manner.…
Load More...