Dealers we talk to across the country are often aware of the M&A activity in the industry as well as the reported earnings multiples that independent dealers have sold for over the past few years. This leads them to ask why they need to pay for an in-depth valuation if they can just multiply their earnings by an earnings multiple reported in the press.
In this webinar, Stratus Wealth Advisors owner Sam Brownell discusses this important question in detail by providing examples from their work with Â鶹´«Ã½ dealers across the country of how a detailed business valuation can help prepare a business for a successful ownership transition by asking tough questions, determining strategies to maximize business value, and forming the foundation of a solid succession plan. They want their dealer clients to view a detailed valuation as an investment in the sustainability and growth of their company that recognizes the history of the business and how that connects to the return on investment future generations will realize through better understanding how to create and maximize business value.
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