Mike Kapics, CPA, CCIFP, is a principal in the Youngstown, Ohio, office of HBK CPAs & Consultants and has been with the firm since 2001. He is the national director of the firm's Construction Solutions Group. In addition to his CCIFP distinction, Kapics is a member of the Builders Association, serves as treasurer of the Construction Accounting Network and is a member of the Ohio Contractor’s Association.
Whether you’re considering selling your construction company internally or to an outside buyer, the best strategies involve planning your eventual transition several years in advance. Somewhere between three and seven years in advance is good timing, time enough to identify issues and implement solutions.
