By Gary Pittsford Partner & Chief Valuation Officer (ret.) and Consultant Creative Planning Business Services In August, the North American Hardware and Paint Association (NHPA) recognized its 2024 Young Retailer of the Year honorees at the Independent Home Improvement Conference. …
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Gary Pittsford Retires With Parting Advice for Retailers
After over five decades advising independent and small business owners, Gary Pittsford is hanging up his financial planning hat and tenure as partner and chief valuation officer of Creative Planning Business Services. Well, almost. “It’s time for me to slow down …
Read More »NHPA Adds SBA Loans to Its Marketplace Services
Are you looking to buy an independent home improvement store? North American Hardware and Paint Association (NHPA) members can now take advantage of small business loans through the association’s partnership with Live Oak Bank. Whether you’re looking to build, buy …
Read More »The Next Chapter: 3 Business Transition Strategies to Explore
Whether planned or unexpected, every business changes hands at some point, and most make a transition several times in the life of the operation. According to the PwC 2021 Family Business Survey, 50% of family businesses expect to increase the …
Read More »Are You Looking to Sell? Valuation Is the First Step
Are you looking to sell your business, but you don’t know where to start? The North American Hardware and Paint Association (NHPA) has launched a new service to help home improvement owners looking to sell their businesses. Gary Pittsford, CFP®, …
Read More »Navigating CARES Act Loans for Small Businesses
Signed into law March 27, the Coronavirus Aid, Relief and Economic Security (CARES) Act includes nearly $350 billion in federal assistance through a small business loan program. Offered by the Small Business Administration (SBA), the Paycheck Protection Program (PPP) aims …
Read More »Preparing Your Succession Planning Documents
While you may not like to think about it, you need to plan for what will happen if you are abruptly unable to continue in leadership. To do this kind of succession planning, there are a variety of legal and …
Read More »Plan Your Future With This Succession Planning Series
Whether you are building your employee schedule for next month or investing in a new category without knowing how it will perform, you are often asked to make decisions that would be simpler if you had a crystal ball. However, …
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