IN THIS VIDEO:
00:00 Experts in car and succession planning Introduction
00:11 How to guarantee the sustainability of your car dealership
00:33 The key to building employee engagement

RESUME:
Champ Rawls, a seasoned succession planner at The Rawls Group, highlights the critical role of effective communication in creating sustainable growth and succession strategies for auto dealers. Rawls emphasizes the importance of a well-designed plan and establishing a culture that promotes shared responsibility and unity among employees.

During periods of exceptional profitability, Rawls underlines the need for transparent communication with employees about the possibility of an economic downturn and the importance of preparing them for it. He also warns against car dealers who prioritize personal gain, such as acquiring multiple properties, over the well-being of their employees, as this approach could expose them to challenges and risks in difficult times.

Learn how prioritizing a supportive workplace culture that values employees can pave the way for growth opportunities and long-term success. Rawls' valuable insights underscore that it's not just about having a solid succession plan; Effective communication and fostering a supportive culture are equally important.

If you're looking for practical insights and actionable advice on succession planning tailored to your car dealer(s), this video is a must-watch. Rawls' expert guidance and emphasis on communication will enable you to create a sustainable plan that positions you for continued success.

For more information and resources, visit https://seekingsuccession.com/category/advancing-your-business-your-people-and-your-legacy-conversation-series/strategic-considerations-in-automotive-retail/

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About Rawls Succession Planners:

Succession planning gives you strategies and structure, putting you firmly in control. In today's ever-changing world, the value, growth and sustainability of your business depend on the options you create through forethought and preparation, giving you the freedom of choice. To achieve this, it is critical that you position yourself and your company with the right amount of capital, the most capable leaders, capable carrying capacity and the most effective business strategies to take decisive action.

Choice and flexibility are luxuries that can only be achieved by deliberately planning toward your vision. As dedicated succession advisors, we are prepared to embark on this transformative journey with you.

Call us and within 30 minutes we will help you gain clarity about your next steps. 407.578.4455. https://seekingsuccession.com/

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Want some more resources? Check out our succession planning resources page: https://bit.ly/2R0Iq3c

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