Let’s imagine two dealers talking about selling their businesses. What does that chat sound like? The world has changed over these past few years and it’s unclear whether it will revert to pre-pandemic norms. Many of us are positioning …
The pandemic has opened eyes and disrupted the buy/sell game. Certainly 2020 and 2021 were very interesting times. The pandemic created an environment for significant consumer and business pressure. Some of this materialized in many industries as numerous small businesses …
With so much going on, from supply chain disruptions to decision-making from beyond our border, employee priority shifts and more, 2022 will be an important year to keep a watchful eye on global developments. With the end of the year …
What pandemic-learned experience tells us about our customers and future business. The past 18 months have been a true learning experience. As the world pivoted towards digital transformation, auto retailing had no option but to follow. Up until then, traditional …
Doing things the good old way might not work anymore. By the time you read this article, some 18 months will have passed since the dominance of the pandemic took over our personal and business lives in March 2020. Rolling …
For auto dealers, that may not necessarily be a bad thing. The past 16 months have been filled with stops, starts, restarts, more stops and more restarts. By the time this article comes to print, in the next few months …
Succession planning can be complicated and it involves many moving parts, but whatever you can do in advance, do it now. All throughout history, ownership and management succession have continued to play an integral role in ground-level operations at automobile …
The automotive retail buy-sell market is ripe for the picking and selling of dealerships. In normal times, “hot, hot, hot” would refer to trips to the sun-bleached islands, walking barefoot along the sandy surf and sipping your favourite cocktail. The …
We are no longer selling. Instead, the consumer is buying and digitization is the engine we need to boost auto retail to the next level. 2020 turned out to be a year of accelerated digitization, created by the need to …
Looking ahead, it’s going to be a year of shifting sand and changing tides. But dealers are used to that. After a dreadful 2020, Canadian automobile dealers are looking for better days ahead. Our business, as we knew it, shifted …
How you manage your team can make a difference in how your dealership progresses amid the pandemic. During these pandemic times, there is one question I have been asked over and over again. Is this the right time to ____? …
COVID-19 is a crisis like we have never seen, but there are ways to pull through this unprecedented period of uncertainty. Many of us have, at one time or another, successfully worked through a crisis. Although always significant, the cause …
