The right approach can help you reach your objectives and ensure a smooth and prosperous transaction. Let’s explore six key negotiation strategies to employ when selling your dealership. These tactics will help you make the most informed decisions and maximize value.
Read MoreToday, we would like to shed light on an essential tool that can significantly impact the success of selling your dealership: the Confidential Information Memorandum (CIM). This document, when prepared by a skilled broker, offers a range of benefits to you. Let’s explore some of these advantages in detail:
Read MoreIn this ever-evolving industry, dealerships face unique challenges and opportunities. As market conditions change, business owners often contemplate their long-term strategies. While some may consider a complete exit from the industry, others prefer to maintain a foothold and explore alternative options.
Read MorePreviously, I talked about the “Silver Tsunami” and what this meant for eager business owners that were ready and willing to grow (if you need a refresher, visit the blog here.) While the opportunity is promising, exciting, and so close, you can taste it; there are essential steps that[…]
Read MoreThe first question is always, why use an intermediary when I know what I want?
Read MoreThe Washington Post has recently dubbed a cultural phenomenon as the “Silver Tsunami.”
Read MoreNormalizing your financial statements is a crucial step involved with selling your dealership.
Read MoreThere’s no doubt about it, with the economy being turned on its head, price points and consumer behavior is shifting, and purchases of dealerships are seeing changes as well. But what’s happening?
Read MoreThe truth is that there are specific periods in the year that are better to sell in than others.
Read MoreSomething else I like to spend these last few weeks doing is planning for the following year, by reflecting on the previous year’s accomplishments.
Read More