National Association of Minority Auto Dealers

Succession planning is essential for dealers looking to build generational wealth. Not only does succession strategies ensure the long-term success of their business, but it also provides the unique opportunity to positively impact countless lives, from employees to vendors and customers. By investing in succession planning, dealers can set their businesses up for future prosperity and shape countless people’s lives for years to come.

Developing Talent & Making a Lasting Impact: Strategies for Minority Car Dealers

2023-10-04T11:39:24-05:00By |Automotive, National Association of Minority Auto Dealers, Succession Blog, Video|

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 [...]

Succession Planning and Family Generational Wealth Transfer

2023-08-11T13:29:43-05:00By |Automotive, National Association of Minority Auto Dealers, Succession Blog, Video|

Succession planning is a critical consideration for anyone looking to transfer their wealth to future generations. However, it is also important to consider the broader implications of asset transfers, especially when it comes to creating equitable opportunities for your minority key managers. In a recent video, Jean Venant, Succession Planner [...]

Accelerating Growth: Developing Leadership Bench Strength to Drive Success

2023-08-11T13:31:09-05:00By |Automotive, National Association of Minority Auto Dealers, Succession Blog, Video|

In the fast-paced world of the automotive industry, growth and expansion are crucial to success. However, the growth process can be internally daunting, especially when it involves bridging the gap between your managers and leaders' knowledge and experience. Evaluating and creating a management and leadership depth chart is the first [...]


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