Will you pass on your painting business to your son?

Please don’t find this subject-line offensive. I don’t write the mail, I just deliver it.

As best I can determine in auditing my subscriber lists name-by-name, ownership in independent painting businesses skews 97% male. I’m not giving an opinion on it, simply stating the observable reality.

Will you pass on your painting business to your son?

It’s no surprise that you find a lot of father-son teams in operation. Granted, there are also father-daughter, brother-brother, and obviously husband-wife teams.

However, when a painting business is finally “passed down,” most often it is father-to-son. It makes sense if you think about the 97% number repeating itself again and again as owners retire.

I’ve worked with a lot of father-son teams over the years. Working with family is tough. Damned tough.

Not only do you have the extraordinary challenge of running a painting business predictably and profitably, you also have the “strengths and weaknesses” that accompany working with family.

* Primary Strength, They Care About You: This means they will not leave you in the lurch and you can trust them not to rob you blind. They’ll do more and expect less when hard times or difficult situations present themselves.

* Primary Weakness, Business Becomes Emotional and Personal: When family isn’t involved, business problems can be impartially identified and fixed as they arise. When family is involved, often logic and reason take a back-seat to emotions driven by concerns about damaging the relationship.

For every yin, there is a yang.In father-son painting businesses, it is challenging to find the balance between the strengths and the weaknesses if the company and legacy is to be successfully passed down.

Mike and Zach Ausherman of Ausherman Painting are doing a great job of finding this balance.

They are also putting new and inventive systems in place to make sure their established, respected painting business is more predictable and its future is secure – while growing the number and type of clients they serve.

At the 2019 Painting Profits Summit, Mike will talk about what it felt like to bring Zach into the painting business. Zach will share how they have worked together to meld their perspectives, overcome challenges, and chart a new course using their unique skill sets to complement one another.

If you want to pass along your painting business successfully to your son or another family member, you owe it to yourself to join us and hear what this father-son team has to say!

Brandon Lewis
Founder, The Academy for Professional Painting Contractors
Publisher, Painter’s Weekly

Leave a Comment





Hear What Other Members are Saying:

Screen Shot 2020-01-31 at 4.06.20 PM
Jim and Lorraine

“Our first campaign reached $60,041.98! That's a huge percentage of our annual sales! You don't pick the peach orchard just one time. Different peaches ripen every day. Thanks for encouraging us to keep after it!”

Screen Shot 2020-01-31 at 4.09.01 PM
Eric

“15 requests for quotes and closed and/or completed $23,000 of work and I still have a few more to do. Conservatively this campaign will net $25,000 in found money in the first 45 days! Thanks Brandon!”

Screen Shot 2020-01-31 at 4.11.25 PM
Torlando

“This year has been the biggest year of growth for us. We're double where we were last year. I realized the real money in this business is in the marketing of the services - not the doing of the services.”

The 5 Keys for Success in ANY Economy

Discover the key to unlocking the hidden income potential in your painting business.