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Workshop Info: 

Air Date: Thursday October 5 2017 at 1pm Eastern/ Noon Central/ 11am Mountain/ 10am Pacific
Featuring: Don Hannahs of Planning Solutions Group
Program Length: 60 Minutes
SKU: DLJ1

As more and more “boomer” auto dealers start looking to the next chapter in their lives, the need for a well thought out succession plan becomes an immediate emergency. This session will examine your challenges and opportunities.

According to Strategic Advisors, Inc., “Baby Boomers” have a disproportionate amount of their wealth tied up in business. Also…

65% do not know what their business is worth
85% have NO exit strategy
Yet… 27% Hope to exit in the next five years

Don will focus on:
 
 
 
The unique challenges facing succession in a “family business”
 
 
The boundaries & expectations that need to be established
 
 
Why so many auto dealers fail in this endeavor
 
 
What to include in your “9-1-1” emergency plan
 
 
Your Exit/Succession Options
 
 
How to succeed at succession planning