Experts estimate that only one-third of family-run dealerships
pass on successfully to the second generation, and only
7 to 8 percent of those then transition to the third
generation.
It’s
heartbreaking to think that the hard work and effort you’ve
put into building your business could be lost when overwhelming
estate taxes, unprepared heirs and/or burdensome debts
cause your family to lose its stake in your business after
you retire or pass away.
To help
you maintain your business legacy and keep your dealership
in the family, MADA is offering an educational event that
will let you evaluate your own personal succession issues
and determine the best possible plan for your family and
business.
We’re
having national experts on succession planning so that you
can benefit from their personal knowledge and experience
in helping dealers like you. You’ll find out the most
effective strategies that make the transition go well and
get advice on overcoming obstacles that threaten your dealership’s
succession plan.
Space
for this helpful event is very limited, so check out our
printable registration brochure
and return it to us with your information today!
