This 12-episode video conversation series features Jason Stein from Flat Six Media, George Karolis from The Presidio Group, and Champ Rawls from The Rawls Group as they discuss strategic planning and diversification in the automotive industry.
They discuss the importance of considering factors beyond the intangible value of a business (blue sky) and focusing on return on investment (ROI). They emphasize the need for dealerships to adapt to changing market forces, invest in new technologies, and retain talented employees. The conversation highlights the significance of community involvement, culture, and effective communication in sustaining success. The speakers also discuss the benefits of diversifying business portfolios and investing in non-dealership ventures within the automotive industry.
This is one of many topics discussed in our Advancing Your Business, People and Legacy Podcast. For additional topics visit our Succession Podcast page.