In this edition we explore the practice fundamentals in buying a dealership franchise to future proof profits.
In a market where goodwill multiples are at an all-time high and the quest for turnover can sometimes overtake the need for profit, we often hear the question "What dealership should I buy that future proofs my profits?". Franchise success comes and goes, but best practice fundamentals do not.
In the June 2017 edition we equate the price you pay with the value of the business you are buying.
This edition also incorporates what actions and activities will help you achieve the outcomes necessary to be a successful dealership.
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