Business transition: keeping me up at night!
Seeking ideas for LCO's that may have been this route: I'm 64 and have been a sole owner/operator since 1999. Age is gradually catching up to me having endured prostate cancer and recently diagnosed with degenerative disc disease in my back. I keep thinking I should just hire an experienced employee to take over (with the possibility of eventually buying the business). I could just micromanage and focus on some other less taxing areas for myself.
My questions are many in this regard. Where do you find such qualified help? Are they able to utilize your equipment? What does this do to your liability insurance premiums? Do I need to provide them with healthcare? Are such employees rough on your equipment?
Who might be best to talk to locally for advice on this transition? Any ideas would be most welcome!
Dan's Lawn Care
Ford F150 XL Truck 1998
6 x 10 Trailrite Trailer w/ramp
Husqvarna MZT 52 mower
Big Dog C142 mower
RedMax BCZ2401S Trimmer
Stihl FS-55-T Trimmer
Husqvarna 570BTS Backpack blower
Husqvarna 445 Chain Saw
Redmax HB280 hand held blower
Echo HC-150 gas hedge trimmer
Wright Grass Gobbler
Arien's dual stage 625E snowthrower
|age , employees , transition|