Successful Succession Planning

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A sudden loss of leadership can create a catastrophic ripple throughout any dealership that is not prepared. With a variety of factors at play, it is not a question of whether you will lose talent it is only a question of when.

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:
 
Topics

• 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

Presenter 
Lloyd H. Rawls
Founder & Chairman
The Rawls Group
 
Moderator
Susan J. Bieber, Esq.
Vice President- Dealer Services
GNYADA