One of the most common ways to transition a family business is by selling to a family member. This option is often attractive to business owners due to the ease of transition and the option to keep the business in the family. How does one go about selling a business...
Within the car dealership industry, there are used car dealerships and new car dealerships. Across the United States, there are nearly 22,000 new car dealerships and over 129,000 used car dealerships. Together the new and used car industry generates over $1 trillion...
Car dealerships are experiencing a shortage of cars on their lots. This is primarily due to supply chain shortages in the new car market. The lack of new cars is causing more individuals to hold onto used cars rather than buy a new car. Hence, used car dealerships are...
The automotive industry is experiencing shortages of cars. Due to COVID-19, many supply chains are seeing an impact. The lack of new cars is causing fewer individuals to sell their used cars. Hence, many used car dealerships are experiencing a shortage of cars on...
The automotive industry is experiencing a drastic lack of cars. This is primarily due to shortages in the supply chain due to the COVID-19 pandemic. As such, many car dealers are looking to enter or exit the market. Whether you plan on selling a new car dealership or...
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