Planning for the future

摘要

It's never too early to start thinking about an exit strategy. At some point in time, you will find your business in a state of transition. For some dealers, that time is right now. For others, it may still be down the road. But as they say, it's never too early to start planning for the future. Whether your plan is to hand the business down to a family member, or to sell the business to an outside party, it's a much better alternative than simply closing your doors. It's the dream of many a business owner to hand the company's reins to the next generation. However, that's not as simple as it sounds. All family businesses have problems from time to time. The key is learning how to work through those problems and minimize the impact they have on your business.