What Will You Do With Your Painting Business When You Retire? - Paint Talk - Professional Painting Contractors Forum
CLICK HERE AND JOIN OUR COMMUNITY TODAY, IT'S FREE!
Go Back   Paint Talk - Professional Painting Contractors Forum > Professional Painters > Featured Articles

Like Tree14Likes
  • 1 Post By Cricket
  • 2 Post By RH
  • 2 Post By chrisn
  • 1 Post By chrisn
  • 2 Post By MikeCalifornia
  • 2 Post By Gymschu
  • 3 Post By chrisn
  • 1 Post By illusionsgame
Reply
 
Thread Tools Display Modes
Old 04-11-2018, 02:12 PM   #1
Administrator
 
Cricket's Avatar
 
Join Date: Jan 2014
Location: Texas
Posts: 2,746
Rewards Points: 3,011
Thanks: 1,597
Thanked 2,595 Times in 1,085 Posts
View Cricket's Photo Album My Photos
Default What Will You Do With Your Painting Business When You Retire?

What Will You Do With Your Painting Business When You Retire?-retirement-lge.jpg

Quote:
If you think retirement is in your near future, then you should start preparing for it now. Make sure your retirement income is in place or make plans to start that new career if that’s what you want to do. A little planning now will make the transition that much easier when you decide to put down the roller for the final time. Know When to Fold: When Painting is No Longer Working for You
What will you do with your painting business when you retire?
illusionsgame likes this.
__________________
“Show respect to people who don't even deserve it; not as a reflection of their character, but as a reflection of yours.” (Dave Willis)
Cricket is offline   Reply With Quote

Warning: The topics covered on this site include activities in which there exists the potential for serious injury or death. PaintTalk.com DOES NOT guarantee the accuracy or completeness of any information contained on this site. Always use proper safety precaution and reference reliable outside sources before attempting any construction or remodeling task!

Sponsored Links
Advertisement
 
Old 04-11-2018, 04:15 PM   #2
RH
Moderator
 
RH's Avatar
 
Join Date: Sep 2010
Location: Oregon
Posts: 19,213
Rewards Points: 6,844
Thanks: 11,846
Thanked 15,531 Times in 8,181 Posts
View RH's Photo Album My Photos
Default

Retirement income is in good shape. As far as selling the business - probably not since most of what I have to offer would be considered “blue sky”; a great reputation but not much in hard assets.
Gymschu and Cricket like this.
__________________
“Getting an inch of snow is like winning ten cents in the lottery.”

Bill Watterson
RH is online now   Reply With Quote
Old 04-11-2018, 04:40 PM   #3
Senior Member
 
Join Date: Aug 2016
Location: WV
Posts: 547
Rewards Points: 202
Thanks: 24
Thanked 148 Times in 106 Posts
View ParamountPaint's Photo Album My Photos
Default

Yard sale.
ParamountPaint is offline   Reply With Quote
Sponsored Links
Advertisement
 
Old 04-11-2018, 06:17 PM   #4
very senior member
 
chrisn's Avatar
 
Join Date: Jul 2007
Location: Hagerstown md
Posts: 9,848
Rewards Points: 4
Thanks: 3,623
Thanked 5,523 Times in 3,391 Posts
View chrisn's Photo Album My Photos
Default

Retire? LOL
Gymschu and Wildbill7145 like this.
__________________
It's PASTE, not glue
chrisn is offline   Reply With Quote
Old 04-19-2018, 07:37 AM   #5
FasterBetterCheaper
 
Join Date: Jul 2010
Location: Ether
Posts: 51
Rewards Points: 102
Thanks: 33
Thanked 6 Times in 2 Posts
View illusionsgame's Photo Album My Photos
Default Don't laugh!

Quote:
Originally Posted by chrisn View Post
Retire? LOL
Yes, don't laugh. It will happen. You cannot keep going at the young man's pace: you have to stop. Maybe you can just hire guys to do the work and you do the prices...only work a few hours a day...great, but still.... the clock on the wall never stops ticking. Think about it.

I just retired by the way...
illusionsgame is offline   Reply With Quote
Old 04-19-2018, 07:40 AM   #6
FasterBetterCheaper
 
Join Date: Jul 2010
Location: Ether
Posts: 51
Rewards Points: 102
Thanks: 33
Thanked 6 Times in 2 Posts
View illusionsgame's Photo Album My Photos
Default I'm doing it

Quote:
Originally Posted by Cricket View Post
Attachment 100313



What will you do with your painting business when you retire?
I still have all tools, but I might sell some soon... I prepared for this day and I enjoy the simple things, not expensive travel etc.

I have a website where I give people advice on painting and handyman stuff...keeps me more than busy with practicing guitar and keeping my house in shape.... like my new roof... it goes on and on.
Thanks for this space to write.
Brad
illusionsgame is offline   Reply With Quote
Old 04-19-2018, 06:27 PM   #7
very senior member
 
chrisn's Avatar
 
Join Date: Jul 2007
Location: Hagerstown md
Posts: 9,848
Rewards Points: 4
Thanks: 3,623
Thanked 5,523 Times in 3,391 Posts
View chrisn's Photo Album My Photos
Default

Quote:
Originally Posted by illusionsgame View Post
Yes, don't laugh. It will happen. You cannot keep going at the young man's pace: you have to stop. Maybe you can just hire guys to do the work and you do the prices...only work a few hours a day...great, but still.... the clock on the wall never stops ticking. Think about it.

I just retired by the way...

The day I retire, My business will go with it.
Gymschu likes this.
__________________
It's PASTE, not glue
chrisn is offline   Reply With Quote
Old 04-19-2018, 11:56 PM   #8
Senior Member
 
Join Date: Aug 2012
Posts: 1,953
Rewards Points: 1,292
Thanks: 340
Thanked 1,035 Times in 667 Posts
View MikeCalifornia's Photo Album My Photos
Default

stop answering the phone
Gymschu and slinger58 like this.
MikeCalifornia is online now   Reply With Quote
Old 04-20-2018, 05:16 PM   #9
Senior Member
 
Gymschu's Avatar
 
Join Date: Mar 2011
Location: Eastern Ohio (Appalachia)
Posts: 1,373
Rewards Points: 110
Thanks: 1,638
Thanked 823 Times in 452 Posts
View Gymschu's Photo Album My Photos
Default

I'm with @chrisn on this one. IF, and that's a big IF, I get to retire, I will sell off all my equipment and tools (I do have some nice stuff) and call it a career. Right now I'm working on moving south (I know, everyone's dream) because I don't want to wait til I'm 70 when I'll be too old to really enjoy the sun, the beach, and the slower pace. Two years and I hope to be where the palm trees are.
Gymschu is offline   Reply With Quote
Old 04-21-2018, 05:24 PM   #10
very senior member
 
chrisn's Avatar
 
Join Date: Jul 2007
Location: Hagerstown md
Posts: 9,848
Rewards Points: 4
Thanks: 3,623
Thanked 5,523 Times in 3,391 Posts
View chrisn's Photo Album My Photos
Default

I don't have all that much good stuff besides ladders( I don't spray), so I might make a couple hundred bucks when the time comes
__________________
It's PASTE, not glue
chrisn is offline   Reply With Quote
Old 04-23-2018, 10:57 AM   #11
FasterBetterCheaper
 
Join Date: Jul 2010
Location: Ether
Posts: 51
Rewards Points: 102
Thanks: 33
Thanked 6 Times in 2 Posts
View illusionsgame's Photo Album My Photos
Default

Quote:
Originally Posted by chrisn View Post
I don't have all that much good stuff besides ladders( I don't spray), so I might make a couple hundred bucks when the time comes
make some young guy happy and give your stuff..or some of it. I plan to do that at some point...too busy now and I don't know anybody...ha ha, but it's a tradition and it will help the children
chrisn likes this.
illusionsgame is offline   Reply With Quote
Reply

Tags
None

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Starting painting business JoeBrown New Member Introductions 23 08-28-2016 09:12 AM
can you sell a painting business? Painters Academy Business, Marketing, and Sales 87 06-18-2016 04:30 PM
Marketing Tip For New Painting Business? Cricket Business, Marketing, and Sales 6 04-18-2016 06:49 PM
New Painting Business in Western Washington RocheProPainting New Member Introductions 4 03-08-2016 10:42 AM


All times are GMT -4. The time now is 04:15 AM.


Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
Content Relevant URLs by vBSEO 3.6.1
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2020 DragonByte Technologies Ltd.
User Alert System provided by Advanced User Tagging (Pro) - vBulletin Mods & Addons Copyright © 2020 DragonByte Technologies Ltd.
Our Pro Sites Network
ContractorTalk.com | DrywallTalk.com | ElectricianTalk.com | HVACSite.com | PlumbingZone.com | RoofingTalk.com