Strategic Considerations in Automotive Retail

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.

Navigating Turbulent Times: Why Succession Planning is Crucial for Car Dealerships

2024-03-18T14:31:05-05:00By |Advisor Collaboration, Automotive, Strategic Considerations in Automotive Retail, Succession Blog, Video|

Setting the Stage for Sustainable Success: The Role of Communication As the car business continues to evolve, it's crucial to ensure sustainability and effective succession planning. Champ Rawls, a seasoned Succession Planner with The Rawls Group, highlights a critical aspect that is often overlooked: communication. While having a well-crafted succession [...]

The Power of Diversification: Navigating the Evolving Landscape of the Car Business

2024-03-18T14:34:18-05:00By |Advisor Collaboration, Automotive, Strategic Considerations in Automotive Retail, Succession Blog, Video|

The automotive industry has always been a dynamic and constantly evolving sector. Industry experts Jason Stein, George Karolis, and Champ Rawls recently shed light on the growing importance of strategic business diversification in the ever-changing car business. As dealers explore new directions to safeguard against potential downsides, they emphasize the [...]

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