Automotive Succession Planning: Century Automotive Group

Discover the Success Story of Century Automotive Group

Join us for an inspiring and in-depth look into the journey of Century Automotive Group, a third-generation business based in Huntsville, Alabama. In this captivating video series, Tracy Jones, the CEO of Century Automotive Group, opens up about their incredible succession planning journey and how they have successfully integrated the third generation into the business. Tracy shares her story of joining the family business, bringing her expertise as a CPA from PwC. She delves into the intricacies of working closely with not only her father but also her husband and children within the company. Tracy reflects on the unique challenges and rewards of being part of the “Sandwich Generation,” also known as Generation 2.

The Power of Strategic Succession Planning

Through this series, Tracy highlights the numerous benefits that have exceeded her expectations due to the carefully planned succession process. The business is thriving, experiencing growth, and making more money than ever before. Moreover, the strong family relationships have been further solidified, and everyone has been given a clear path and role within the company. The future looks incredibly promising!

How We Help You

Are you struggling with the intricacies of family business succession planning, unsure of where to start or how to navigate the process effectively? Imagine having access to real-life success stories like that of Tracy Jones, CEO of Century Automotive Group. Tracy’s journey exemplifies the transformative power of strategic succession planning, showcasing how careful planning and execution can lead to unparalleled success for your business.

Through our captivating video series featuring Tracy’s story, you’ll gain firsthand insights into the challenges she faced, the strategies she employed, and the remarkable outcomes she achieved. Tracy’s experience serves as a beacon of hope and inspiration, demonstrating the tangible benefits of integrating multiple generations into your family business while maintaining harmony and profitability.

Contact us today to tap into the expertise and resources that enabled Tracy and Century Automotive Group to thrive. Let us help you navigate the complexities of succession planning, define clear roles and responsibilities, and build a roadmap for a prosperous future. Schedule a consultation now and discover how we can empower your family business to reach new heights of success, just like Tracy’s.

How Succession Planning Transforms Businesses into Profit Powerhouses

2024-03-18T18:01:40-05:00By |Automotive, Automotive Succession Planning: Century Automotive Group, Succession Blog, Succession Palooza - Celebrating Succession, Succession Success Stories, Video|

Developing strategies for growth is essential to succession, especially in Century Automotive Group’s case, where four kids are interested in the business within the third generation.  As Tracy shares in our discussion, the succession process created a forum to determine: Strategic Plan for the next five years Organizational structure and [...]

How Succession Planning Fosters Trust & Empowers Next-Gen Leaders

2024-03-18T18:09:20-05:00By |Automotive, Automotive Succession Planning: Century Automotive Group, Succession Blog, Succession Palooza - Celebrating Succession, Succession Success Stories, Video|

A family business is such an excellent opportunity.  However, many 2nd and 3rd generation business owners screw it up.  And as Tracy shared, she and her husband did not want to be the generation to screw it up.  With the third generation entering the business, Tracy and her husband felt [...]

Building Strong Family Bonds & Growing a Business with Lasting Community Impact

2024-03-18T18:06:36-05:00By |Automotive, Automotive Succession Planning: Century Automotive Group, Succession Blog, Succession Palooza - Celebrating Succession, Succession Success Stories, Video|

Century Automotive Group has thrived for three generations. Love and commitment to nurturing family relationships have been vital to their success. From Tracy’s integration into the business as the second generation and now the third generation actively working in the business, they live by the idea that there is no [...]

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