Kevin Kennedy

Kevin Kennedy is the founder of Beacon Exit Planning LLC and Beacon Merger & Acquisitions Advisors LLC. He is a nationally recognized speaker, author and thought leader for business owners for exit planning and succession. He personally walked the exit path and understands firsthand the challenges an owner faces from buying and selling a 200-employee company and implementing succession planning to the fourth-generation owners. Opinions expressed are the author's own and do not necessarily reflect the position of the National Glass Association or Glass Magazine.

THREE ELEPHANTS IN THE ROOM DURING AN OWNER’S EXIT

This article presents three key considerations for owners as they plan for their exit from a business. They are the Three Elephants in the Room: taxes, succession and planning for what’s next.

Exit Planning and Succession VI - Seven Pitfalls of a Business Exit

Editor's Note: This article and the feature of Salem Flat Glass & Mirror mark the sixth and final installment of Glass Magazine’s Exit Planning and Succession series. Search this website for "exit planning", to see all articles from this series. Business owners intuitively understand and…

Exit Planning and Succession V - Nine Key Considerations For Successful Succession Planning

Editor's Note: This article and A New Chapter mark the fifth installment of Glass Magazine’s Exit Planning and Succession series. Search this site for "exit planning" for more from this series. Succession is a critical component of a successful business exit. The process involves replacing the…

Exit Planning and Succession IV - The Internal Sale

Editor's Note: This article is an installment of Glass Magazine’s Exit Planning and Succession series. Use the Search bar in the right column to search "exit planning succession", to find related articles. The most probable opportunity for glass company owners looking to sell their business is a…

Exit Planning and Succession III - The External Sale

Editor's Note: This article and the feature A Continuing Story mark the third part of Glass Magazine’s "Exit Planning and Succession" series. See earlier articles from this series: A Successful Exit, Eight Disciplines of a Successful Exit, and An Employee Partnership. If you have…

What Exactly Is Exit Planning?

I was interviewing an owner recently, and I had to pause and take a deep breath after he spoke those famous words, “but my accountant said they provide exit planning.” After my discussion he discovered their adviser really is not an exit planner—just a great accountant. Beacon, America’s Exit…

Exit Planning and Succession II - Eight Disciplines of a Successful Exit

Editor's Note: This article and the feature An Employee Partnership mark part two of Glass Magazine’s multi-part Exit Planning and Succession series. The first in the series is, “A Successful Exit: Capture Business Wealth and Pass the Baton to the Next Generation;” the next article in the series…

Exit Planning and Succession I - A Successful Exit

Editor's Note: This article is the first in a multi-part Exit Planning and Succession series. The next installment will run in the April issue. If you have an exit or succession planning story to share, contact Editor Katy Devlin, kdevlin@glass.org. In running your glass business there is only…

Ten Things Every CEO Should Know about Succession Planning

An exit plan is a customized, written plan that monetizes a business; meets the owner’s business, personal and financial goals; protects his or her wealth; and moves the owner into his or her next stage of life. A succession plan, on the other hand, focuses on the human side of the business. In…

The Seven Myths of Exit Planning

As a business owner, a good exit plan is crucial to profitably transferring ownership of your company. Yet, during conversations with hundreds of successful business owners, I have discovered some common misconceptions surround the exit process. Myth #1: “I will just sell my business and retire…