The past 18-24 months will go down in the history books of auto retailing. For most dealers, business has been terrific, in some of the most upside-down times ever seen.
Before thinking you have to either Get Big or Sell Out, invest time into getting informed. Lean on your advisors to evaluate your current environment, personal, family, and business goals to understand what’s best for you and your business, whether that’s growth, a sale, or staying the course through to steadier times.
Read the entire article in the Truist Dealer Insider Newsletter: Get Big or Get Out Are Not the Only Options
Contact Us and we can help you with insights, other resources, and see if it makes sense to work together. At the very least, in 30 minutes, you may get some ideas you can apply to your business right away.
Growth Strategies for the Family-Owned Dealership
If you’re ready to get serious about succession and planning to ensure your business’s future success, then we can’t wait to see you at the 2023 NADA Show in Dallas.
The Succession Planning Matrix
The Succession Planning Matrix
Many people put off succession planning because they think it means retirement, exit, and the end. However; succession planning is just the beginning. It gives the owner options in terms of what “their next” looks like, whether that be growth, philanthropy, or a new business venture. Our process focuses are addressing 10 key areas of what we call the Succession Matrix.
Click the following link for more drill-down resources on The Succession Matrix, or check out our Facebook post.
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