Succession planning has never been more important for dealers. Profits are high, demand for stores is high, and the cost to compete is getting higher. Having the proper plan in place ensures you are able to navigate times like these
Automotive News recently featured David Ciambella, in “Buy-Sell Q&A: Dealership Succession Planning” alongside Alan Haig, President of Haig Partners, and Mike Maroone, CEO of Maroone USA
Contact us and we can help you with insights, other resources, and see if it makes sense to work together. At the very least, in 30 minutes, you may get some ideas you can apply to your business right away.
The Succession Planning Matrix
Many people put off succession planning because they think it means retirement, exit, and the end. However; succession planning is just the beginning. It gives the owner options in terms of what “their next” looks like, whether that be growth, philanthropy, or a new business venture. Our process focuses are addressing 10 key areas of what we call the Succession Matrix.