By Branson Smith, COO, Audientis LLC The age-old sinister question that no successful business owner wants to face is: What happens to my business after I am gone? Let’s flip that ques... Read more
By Erin K. Tenner, Partner, Gray Duffy LLP This article, the second in a series, discusses the basics of asset purchase agreements. (Read part 1 here.) An asset transfer is the most common m... Read more
In January, Pritchard Family Auto Stores sold its Ford dealership in Clear Lake, Iowa to the Billion Automotive Group. It will also cease selling new cars at its Clarion Auto Center in the I... Read more
By Erin K. Tenner, partner, Gray Duffy LLP If you are thinking of buying or selling a dealership and reading through the myriad of articles on the subject you may be wondering “where do I be... Read more
Ben Keating is an Aggie, that is, he graduated from Texas A&M University. Anyone who knows an Aggie will know that they harbor a life-long fondness for College Station, the small Texas t... Read more
By Alysha Webb, Editor and Publisher Cheap natural gas may be good for the U.S. economy as a whole, but it has made life more difficult for Stephens Auto Center, located in the heart of West... Read more
By Loyd H. Rawls, The Rawls Group Seventy-five percent of family businesses — especially highly demanding automobile dealerships — do not have the 4Cs of Successorship. Capable,... Read more
By Alysha Webb, Editor and Publisher Dealership facility upgrades are an ongoing point of contention between manufacturers and dealers. The investment can be big, the return uncertain. The p... Read more
