Transitioning For the Future, Cutting Red Tape Is Key to Success for General Contractors GoodFellow Bros. in New Video by Family Enterprise USA’s Pat Soldano
Training workers and cutting red tape are two key issues of focus for Chad Goodfellow, CEO, Goodfellow Bros., Wenatchee, Wash., in a new Family Enterprise USA video, hosted by Pat Soldano, President of Family Enterprise USA. Goodfellow, interviewed from the 100-year-old company’s Maui office, discusses how the general contracting company grew from its small agriculture roadwork roots to over 300 employees working on government and private sector projects across the Northwest, West, and islands of Hawaii. “Our biggest impediments to growth are permitting issues, especially environmental reviews, both locally and federally,” says Goodfellow in the video. “The other big challenge for us is transitioning ownership to the next generation,” he said. “We are planning for it, but I fear for what happens when transition time comes.”
We hope you’ve enjoyed this article. While you’re here, we have a small favor to ask…
As we prepare for what promises to be a pivotal year for America, we’re asking you to consider becoming a supporter.
The need for fact-based reporting of issues important to multi generational businesses and protecting a lifetime of savings has never been greater. Now more than ever, multi generational businesses and family businesses are under fire. That’s why Policy and Taxation Group is passionately working to increase the awareness of issues important to generationally-owned family businesses built on hard work, while continuing to strengthen our presence on Capitol Hill. Those issues include Step Up in Basis, gift tax, Valuation Discounts, Capital Gains Tax, Income Tax Rates, Wealth Tax, & Estate Tax (death tax).
Policy and Taxation Group is the leading information, education and advocacy organization working for the reduction and ultimate elimination of estate tax, gift tax, and generation skipping transfer taxes, and other taxes that punish hard work and success. Our Mission is to challenge hostile tax policies that meaningfully and measurably impact families and limit the ability of family businesses to remain family owned. We work with Congress in Washington DC against high Income Tax Rates, possible elimination of Valuation Discounts, increase in Capital Gains Tax, enactment of a Wealth Tax, and the continued burden of the Estate Tax (death tax), and the possible elimination of Step up in Basis.
@FamilyEnterpriseUSA @PolicyAndTaxationGroup @DitchTheEstateTax #FamilyBusiness #Business #SmallBiz #EstateTax #Deathtax #CapitalGainsTax #StepUpInBasis #Taxes #gifttax #Generationskippingtax #InheritanceTax #repealestatetax #promotefamilybusinesses #taxLegislation #AdvocatingForFamilyBusinesses #incometax #Generationallyowned #Multigenerationalbusiness #taxes #taxseason #federaltaxpolicy #FamilyEnterpriseUSA #PolicyAndTaxationGroup #DitchTheEstateTax