In this informative video, Joe Jankowski, the Managing Member of Armatus Dealer Uplift, shares his journey into family business succession planning. Joe previously worked with a large auto group in Maryland before joining a century-old business without a clear successor. As a member of the leadership team, he took on the role of CFO and eventually became the CEO, acting as the “Succession Bridge” within the dealer group. Through this experience, Joe gained valuable insights into the importance of family dynamics and financial/technical aspects in succession planning.

Joe’s Journey:

Discover how Joe’s career trajectory led him to this pivotal moment, where he assumed a critical role in preserving a family business legacy. Hear firsthand how he navigated the intricate web of family dynamics and financial/technical considerations, offering a unique perspective on succession planning.

Succession Planning Key Insights:

Joe delves into the complexities of succession planning, shedding light on the critical factors that drive success in family businesses. From the nuances of family dynamics to the essential financial and technical aspects, his insights offer a wealth of knowledge for business owners, entrepreneurs, and anyone intrigued by the inner workings of family businesses.

How We Help You:

Are you struggling with navigating the complexities of succession planning in your family business?

Contact us today, and let us help you gain insights and access resources to navigate your succession planning journey. Even if it’s just for a 30-minute conversation, you may walk away with actionable ideas to apply to your business immediately. Don’t hesitate to reach out—we’re here to support you every step of the way.

For more insight:

Visit the “Armatus Dealer Uplift Succession Journey” discussion page or select one of the additional episodes of the series below:

Resources

  • Joe Jankowski – Armatus Dealer Uplift: The Retail Warranty Reimbursement for parts and labor offered by Armatus provides car dealers with a unique opportunity to generate revenue without the need for investment, risk, or significant time commitment. As the largest provider of Retail Warranty Reimbursement in the country, Armatus also offers the Fixed Ops Performance Center software, a best-in-class reporting and performance management tool designed to optimize operations. This combination of services provides car dealers with a comprehensive solution for maximizing revenue and enhancing operational efficiency.
  • Client Success Stories: Family business owners from various industries share their first-hand succession planning experience.
  • Succession Readiness Survey:  A 7-minute investment in time will put you in an informed position of opportunities many business owners overlook, impacting business value, growth, and lifestyle and ultimately achieving your vision.
  • Contact a Succession Planner: The Rawls Group can help you with insights and other resources and see if it makes sense to work together. At the very least, in 30 minutes, you may get some ideas to apply to your business immediately.


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.family-business-succession-planning

Click the following link for more drill-down resources on The Succession Matrix, or check out our Facebook post.

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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.