Whether a business grows stronger or larger, a business will always seek to build value. Much of a business’s value lies within management’s resourcefulness, commitment, enthusiasm, and teamwork. Business Value also lies within sustainable and flexible structures, strategies, and resources to address potential, probable, and possible contingencies impacting the future you envision.
Loyd Rawls, the founder of The Rawls Group: Business Succession Planners, will walk us through scenarios illustrating the benefits of implementing successions strategies. Using real-life case studies from more than 45 years of working with dealers of all business sizes, we will discuss the topics below and more:
- Ownership transition options to keep dealership as a family asset
- Structuring sale or gift to next-gen family or a key leader without overwhelming them with debt
- Benefits of preparing next-generation successor & leadership team
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
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.
Click the following link for more drill-down resources on The Succession Matrix, or check out our Facebook post.
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