Retiring / Selling / Exit Strategy
What do you do when it’s time to retire or move on to your next great business adventure? Find out more about why business owners leave their cleaning businesses as well as how they sell (or find) the assets and/or book of business.
Molly Maid Franchise Bought by Dwyer Group
Franchise and service specialists Dwyer Group adds Molly Maid®, Mr. Handyman® and ProTect Painters® to the portfolio.WACO, Texas – Dwyer Group, Inc., one of the world’s largest franchising companies of trade service brands, has acquired Service Brands International, a multi-concept franchise […]
The Family Business: They Have to Really Want It for the Dream to Become Reality
Father and son navigate the life-long process of succession planning. When Dave Povlitz filed his business corporation paperwork in 1989, he was already thinking about who would take over the company when he was ready to retire. Though that day […]
Getting Your Business – and Yourself – Ready for a New Leader
Every business owner leaves the helm, passes the baton, or just plain retires. So how do you plan for that event?At least once a month on one of the major cleaning industry discussion groups, there's a post about how to […]
Cleaning Business with Unique Business Model Up for Grabs
A dire situation leads an owner to implement a new business model. Desperate times call for innovative solutions. When faced with escalating workers’ compensation insurance rates, over 50% of payroll in 2002, this Southern California house cleaning company needed a […]
What's your owner exit strategy?
Buying or selling a business is a huge decision, often requiring a lot of work by both parties in order to make a deal work. There are several terms that you will need to be familiar with if you want to sell your cleaning business or would like to buy someone else’s.
