Automotive repair software company AutoLeap released the State of the Auto Repair Industry Benchmarking Report for 2022. According to the report, AutoLeap obtained data through a comprehensive survey of nearly 300 owners and managers of auto repair shops across North America. The company says it also spoke to various industry experts to collect insights on
Succession planning isn’t typically at the front of a business owner’s mind if they aren’t planning on going anywhere soon, but that doesn’t mean it’s smart to ignore the issue. Having a plan in place can give tire dealers the peace of mind to run their business in a way they might not if they
Private equity investors can be a positive force and helpful to the overall industry.
If you don’t have a succession plan or just want to be ready when it’s time to enjoy the fruits of your labor, follow these tips to kickstart planning for your business’ future.
Selecting your business successor is a fundamental objective of planning an exit strategy, but it requires a careful assessment of what you want from the sale of your business and who can give it to you.
According to a 2015 survey by CNBC and the Financial Planning Association, 78% of small business owners intend to sell their businesses to fund their retirement, yet fewer than 30% have a written succession plan. Whether you are nearing retirement or have decades left, there’s no time like the present to begin forming your exit