Succession Planning Toolkit

The MRAA team, along with its highly valued, experienced and trusted partners, have begun developing an array of education, tools and benefits to help you understand and navigate succession planning through MRAA’s newly launched Succession Planning Toolkit.

Education

Guide to Dealership Valuation

Normalized Cash Flow Spreadsheet

The single most important controllable factor that affects the price you get for your dealership when you exit, no matter how you exit, is the Net Cash Flow. It is essential to start managing your business to reach your target cash flow now. Your target should be 10 to 14 percent of revenue as Pre–Tax Normalized Cash Flow. Download this spreadsheet from Carrie Stacey of Carrie Stacey International to test your Normalized Cash Flow and monitor it as you work to reach that target bottom line.

MRAA Mini-Guide: 7 Things Every Dealer Needs to Know About Succession Planning


Win Your Game: Plan Now for Succession


MEMBERS ONLY: MRAA Guide: 11 Steps to Success and Succession

Tools

MEMBERS ONLY: MRAA Succession Planning Scorecard and Custom Report

Partners

  • The Rawls Group: Business Succession Planners
  • Spader Business Management
  • Bellavia Blatt, PC
  • Stacey International
  • And more …


MRAA Members: Click here for a full list of our partners and benefit providers, and what they bring to your succession planning team of advisors.