NADA 2023

Growth Strategies for the Family Business (Room C141)

Dealers are experiencing some of the most profitable yet challenging times. Many second- and third-generation dealers, who had never considered selling, have sold. With valuations high, family dysfunction or simply not knowing how to navigate the future, dealers may feel the need to sell. However, for dealers who want to stay in the game, there are plenty of options. Whether it's generational wealth, the thrill of the car business or opportunities for others, make the most of your business. Learn five strategies to facilitate your vision in the age of consolidation.