Insights

What dealership owners need to know about successful business transition

 

What dealership owners need to know about successful business transition

Oct 08, 2019

Only 20% of businesses have strategically planned a seamless, well-orchestrated succession planning model and had it work out as well as they had planned.

Succession planning will not be successful unless we challenge and change the way we do it.

This 30-minute webinar summarizes the do’s and don’ts of a successful dealership transition plan and provides valuable tips for maximizing your dealership’s value.

Highlights include:

  • Key elements of a successful plan
  • Timing considerations
  • Pitfalls to avoid when transferring ownership to a family member or employee
  • Discussion of the sale process, including common mistakes
  • Current dealership market trends that relate to valuation
  • A look at multiples

This webinar is designed for dealership owners, shareholders and executives looking to gain valuable insights to ensure that you have a solid transition strategy in place.

Author(s)

Lally_Paul
Paul T. Lally
Partner
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Kevin Janke
Kevin Janke, CPA, ABV, ASA
Valuation, Forensic, Litigation Support Services Partner
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Steve Hewitt
Steve Hewitt, CPA
Dealerships Practice Leader
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