By Erin K. Tenner, Partner, Gray Duffy LLP This is Part IV in a five part series on buy/sell basics. Part I examined the three different types of buy/sell agreements. Part II discussed the b... Read more
As the daughter of H. Carter Myers III, Liza Borches has been in or around auto dealerships her entire life. Her father, a former chairman of the National Automotive Dealers Association, was... Read more
By Stuart McCallum and Steven A. Schumacher, CPA, ASA, Crowe Horwath LLP Maintaining dealership value is an important goal for all owners. Business practices that enhance dealership value sh... Read more
Red McCombs has always been a business visionary. The founder of the Red McCombs Automotive Group in Texas and co-founder of Clear Channel Communications was also an early adopter of using t... Read more
By Kenneth R. Rosenfield, CPA Is analyzing the back end of a dealership an important aspect of determining whether or not you will acquire a dealership? It could very well be the make or bre... Read more
By Jaimi Blakely, Chris Collins Inc. It’s no secret that when you buy a dealership, you want to buy low. What can be mysterious is how to scale all of your “businesses” (aka department... Read more
A couple of years ago, Jeff Spreen was talking to brokers about acquiring another dealership in the Inland Empire region in Southern California. One of them asked him what Spreen thought abo... Read more
By Ira Silver CPA, CGMA, Principal, MBAF LLC The buyer’s offer has been made, the seller’s response has been given, negotiations have ensued back and forth, and an agreement has been reached... Read more
