Issue link: https://read.dmtmag.com/i/245905
28 • FEBRUARY 2014 • WORLD FENCE NEWS New FASA video instructs subcontractors on how to create succession plan for their family businesses ALEXANDRIA, Va. — Construction subcontractors are learning how to create a succession plan for their family businesses with a new video-on-demand from the Foundation of the American Subcontractors Association. In the new video-on-demand, "Business Succession and Transfer Planning," presenter Gregory Caruso, Harvest Business Advisors, Baltimore, Md., discusses why succession planning is particularly important for family businesses. He explains how to create a valuable business and capture and collect on that value. Caruso also provides tips on how to minimize taxes and risks, and how to maximize price through the preparation and sales process. "Business Succession and Transfer Planning" (Item #8066) is $65 for ASA members and $95 for nonmembers. For more information, visit www.asaonline.com or call 703-684-3450. Equipment financing provides flexible solutions for unique business needs COURTESY EQUIPMENT LEASING AND FINANCE ASSOCIATION Economic times are challenging many businesses today, and the current economic environment poses even greater difficulties for entrepreneurial startups and small businesses that are struggling to get established, grow or just stay in business. The characteristic innovation, agility and hard work of these businesses are precisely what the U.S. economy needs to get moving again; however, their nature of being newer, less capitalized or less established creates a Catch-22 that impedes their ability to secure the credit they need. That is why it has never been more important for startups and small businesses to understand their options for financing the equipment needed to operate and grow their businesses. Acquiring equipment through leasing and other financing methods is more flexible and customizable to meet unique business needs than most funding options. This makes equipment finance a perfect fit for startups and small businesses, both of which may have trouble getting traditional bank loans. With equipment finance, there's no jumping through the same hoops as with commercial and industrial loans. For example, typically most lenders want to see two years of financial, which startups, by definition, don't have. Acquiring equipment through leasing and other financing methods is more flexible and customizable to meet unique business needs than most funding options. This makes equipment finance a perfect fit for startups and small businesses, both of which may have trouble getting traditional bank loans. Equipment finance is a $827 billion industry in the United States, and it is easy to find industry participants who customize their service offerings by end user industry, equipment type, ticket size or end user business size. Isn't It Time to Put the Strength of the Gorilla to Work for Your Business? Fast Installation, Water-Shedding Designand Now ICC Compliant... From its patented interlocking design to its incredible water-shedding technology, nothing beats the durability and strength of a Gorilla Deck® by Homeland Vinyl Products™. Now, both our Gorilla Decks and six railing styles are ICC compliant making them one of the most attractive decking systems in the industry today to sell and install. Call now and add the strength of a Gorilla to your business now featuring ICC compliance (ESR-1657, 2003 IBC and IRC). Gorilla Decks feature: • UV stabilized vinyl • Strong interlocking design • Unique water-shedding surface • Concealed fasteners • Easy and fast installation See Us At FENCETECH Booth No. 865 MEMBER Patent No. 6,324,796 Phone: 205-854-4330 Toll Free: 800-999-6813 Fax: 205-854-3677 www.homelandvinyl.com