Succession
Continue building value in your business, yourself and your key team members with a good succession strategy.
Valuation Math - Growth Pays
D. Brown Management
December 16, 2018
All other factors being equal, a contractor that can accelerate growth after the purchase will -- in most cases -- be able to pay for the business quicker.
Ownership Transition and Capital Basic Model
D. Brown Management
December 20, 2018
When a contractor goes through an ownership transition, the business itself is the proverbial goose laying the golden egg. Remember the basic math formula for ownership transitions and use this simple calculator as a starting point.
Operational Clarity Over Optimum Tax Efficiency
D. Brown Management
December 18, 2018
The tax code is complex and that can make deal structures overly complex. The legal system is just as complex. Trying to get every possible issue contingency covered can also make the deal structure extremely complex.
Alignment and Ownership and Creating Value
D. Brown Management
January 4, 2019
As a construction company grows, it becomes increasingly important to align everyone on the team. Alignment comes from being transparent with your guiding principles or values and living them every day, starting with ownership.
Ownership Transition - Key Buyer Risks
D. Brown Management
December 24, 2018
While different, buyers of a construction business have just as many risks as sellers. Deeply understanding the risks for both parties is a great start to creating the foundation of a deal.
Ownership Transition - Key Seller Risks
D. Brown Management
December 23, 2018
Whether you are buying or selling a construction business, it is important to understand the perspectives of the other party. Each will tend to discount the risks of the other, impacting the ability to create the best deal.
Teams and Readiness for Growth and/or Succession
D. Brown Management
December 25, 2018
Whether you are focused on growing profitably or preparing for an ownership transition, the strength of your team and organizational structure is a major factor.
Organizational Development OrgDev Succession Talent Value Stream (TVS)
Organizational Structures and Leadership Development
D. Brown Management
December 26, 2018
As contractors look at their organizational structures with an eye toward both sustainable growth and succession, they must balance the efficiency a functional area structure provides with the leadership development of a business unit structure.
Governance Structures Enabling Ownership Transitions
D. Brown Management
May 21, 2023
Governance structures including the board of directors, policies, information flow, operating rhythm, and decision rights must continually evolve through each stage of growth and ownership transition. The first board is typically driven by a transition.
governance ownership transition succession
Succession Planning at All Levels
D. Brown Management
February 28, 2019
If a construction company is growing at 15% per year, then it will double in size about every five years. Therefore, in general, every position must be training at least two people that will be capable of succeeding them within five years.
Organizational Development OrgDev Recruiting Succession Talent Talent Value Stream (TVS)