Succession Planning for Marine Retailers2021-03-29T11:43:59-05:00

Cruising Towards Your Vision

Endorsed by the Marine Retailers Association of the Americas, we work with boat dealers building value and sustainability in dealerships nationwide. We are experts in the complex and understand the unique challenges facing boat dealers.  The future success of the business is tied directly to the volatility and/or strength of the macro environment. Work with us to help you navigate unchartered waters and set the course for success, no matter what storm might hit.

Whether you are looking to grow your business, transition to family or sell to a third party, our meticulous attention to the probable, possible, potential details allow you to prepare and avoid any looming marine retails succession planning issues impacting your goals.

What happens when you decide to take the next step towards the future you imagine…now? Business ownership by nature is risky; succession planning however creates strategies and structure to put you in control.

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Resources

How do I protect my business if I, as the owner gets the virus or one or more of my key people?

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Business contingency planning is essential for ongoing business success. For business continuity, the key leadership must put processes and structure in place that if they are not around, or if something unexpected happens, the business still survives. Unfortunately, if this is not in place, the business value can be dramatically [...]

How do you best support employees at different stages of stress and potentially grief?

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As we continue to navigate the pandemic, it is important to recognize that your employees have been on a roller coaster of emotions for a long period of time. You may already be doing it, but providing support to your people is critical to help them navigate stress and even [...]

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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.

What is Changing In the Areas of Estate Tax?

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Planning Opportunities To Take Advantage of Now

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Leadership in Uncertain Times

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