Presenter: Michael H. Smith, The Institute for Automotive Business Excellence
Successfully Navigating the Changing Future and Your Exit from the Independent Automotive Service
Our industry is changing permanently, and the pace of change is accelerating. Our historic business-as-usual approaches are sure to fail in the years to come. Owner-operators need to understand what's happening, what's coming next, and how to prepare now to thrive into your future. Owners who resist these trends, or those who just hold still, will fall quickly behind.
From participation in this class you will:• Understand the expanding range of exit & succession options available to owners today• Learn how to increase the value of your company for future sale, from an investor's perspective• Discover how PE firms and REITs operate, make money, and make project decisions• Discuss how to prepare your company, leaders and team to become the top 1% & lead our industry in the future • Consider your own professional & company legacy, exit parameters and transition considerations
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