Leading Through Transition
There is light at the end of the tunnel. You are resilient and events in our history like COVID-19 make us stronger and innovative to solve the issues unique to times of turbulence. We have shepherded our clients through many environments like we have today.
Resources
Family Business Valuation and Succession Planning: Understanding Key Triggers and Timing
Family businesses are not just about the present; they are about securing a legacy for the future. To achieve this, family business owners must navigate the intricate process of succession planning while also assessing the strategic growth and overall value of their businesses. In this article, we will explore the critical aspects of family [...]
The Roadmap to Success in the Fuel Industry: Strategies Beyond Hope
Succession Planning in the Fuel Sector In the dynamic realm of the fuel sector, aspiring for a stable retirement and a secure financial future demands more than mere optimism. Many dealers harbor dreams of liquidating their enterprises to fund their retirement, while others scout for resilient investment avenues amid economic flux. The allure of [...]
Navigating Valuations and Succession Planning for Car Dealers
In the dynamic world of automotive dealerships, one constant remains, which is change. Whether you're a seasoned dealership owner or a key player in the automotive industry, understanding the pivotal events that trigger valuations is essential for informed decision-making and the continued success of your family business. In this video, [...]
Developing Talent & Making a Lasting Impact: Strategies for Minority Car Dealers
Minority auto dealers face unique challenges when building wealth and planning for the future. With a rapidly changing industry, it's crucial to have a solid growth and succession strategy to ensure financial sustainability. From identifying talented individuals within the organization to expanding investment portfolios, there is an array of strategies [...]
As Featured in Floor Covering Weekly: Succession to Succeed
Succession planning is pivotal in ensuring the longevity and continued success of businesses, especially within the flooring industry. This complex process requires foresight, strategic decision-making, and careful consideration of both business and family dynamics. Kendall Rawls, Director of Development at The Rawls Group, shared her invaluable insights on this intricate subject with Floor Covering [...]
Strategies for Effective Partner Negotiations in Family-Owned Car Dealerships
In the complex world of the car business, successful partner negotiations are crucial for ensuring the smooth retention and motivation of key leaders. Car dealers face unique challenges when aligning expectations, especially in developing and retaining top talent to support growth strategies, enhance business value, secure longevity, and achieve family and business succession goals. [...]
