NEXT-GEN NAVIGATION: Dealer Tim Smith sketches a road map as succession planning becomes more complex

摘要

CALABASAS, Calif. - Tim Smith loves working with his daughters, helping them prepare to take over the family business. He knows not everyone is so lucky. The third-generation dealer had a friend whose son who was struggling in auto retailing. "The happiest day of his life was when his son decided to go play in a rock 'n' roll band," Smith said with a chuckle.