I’m just getting started, I passed the NACHI certification test, and I’m finishing up the twelve required first year courses. A local inspector nearing retirement has agreed to discuss mentoring me. It would be great if I could help him transition out of the business as I transition in.
Are there any thoughts or guidelines for an equitable process? Should I pay him for shadowing him? How much?
Should I consider working with him to “take over” the business? How can I estimate the value of his business, and should I do that, or just set myself up with my own identity?
Bradley, you can have the payment and how much talk with him. Usually, it is done. How much is between you two. Just be straight.
He is his business so, if it were me, I would build a name for myself that I could sell later if I wanted…not your name…but a name that makes people think of the area that you would be inspecting in…like “Detroit” home inspections, or such.