succession planning Archives - BodyShop Business
Succession Planning with Matt Di Francesco

Jason Stahl interviews Matt Di Francesco on steps collision repair facility owners need to take now to plan for their eventual exit.

Exit Strategies: Personal Vision & Financial Planning

The most critical first step in an exit or transition plan is to develop a financial plan and personal vision of what your life will look like post-business.

How to Determine the Value of Your Auto Body Shop

Whether you’re looking to sell, expand or transition your shop, understanding the value of your business is essential.

Tales from the Crypt: Can Your Business Thrive Without You?

We all think that we’re going to live forever and never consider how, if we die, the shop will continue.

The Importance of Planning Your Exit Strategy Now

Even if you have no intention of leaving your business soon, starting the planning process early will prepare you for the time that you want — and need — to exit.

Don’t Eat the Bear in One Bite: Planning Your Future in Steps

Just like you don’t need to eat the bear in one bite, you don’t need to have a fully fleshed-out plan in order to have a successful future as a retired body shop owner.

Creating a Succession Plan

How do I transition my business? Do my kids take it over? Do I sell it? What is my business worth?

Finding Success in Succession

Succession planning is one of the most overlooked aspects of a business strategy. Steve Leal argues its significance for the aftermarket industry, where most body shops are family owned.  You’ve worked hard for many years to build a flourishing business, earned the goodwill of your customers and are now wondering what happens to your legacy