OFFICIAL PUBLICATION OF THE MISSISSIPPI AUTOMOBILE DEALERS ASSOCIATION

March 6, 2023

Succession Planning For Dealers in an Evolving Business Environment

While there are many considerations in running a thriving dealership, one of the most important — and often overlooked — is developing and maintaining a succession plan. A strategy that allows for the transfer of ownership to the next round of leaders — whether family members, a trusted partner or an outside buyer — will position you and your business for future success.

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Over-Sharing in the Workplace?

By now, many of us have seen a TikTok video filmed at someone’s workplace — a “day in the life” video, someone complaining about their coworkers, supervisors, or customers, or someone talking about an unrelated subject while at the office. And a relatively new platform, BeReal, goes a step further by encouraging users to provide an unfiltered view into their “real” everyday life at random moments throughout the day. Of course, such organic social media clips can be a valuable tool that helps market your brand and build stronger employee relationships — but where do you draw the line?

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NADA Auto PAC Contributors

President’s Club $5,000 First Year and $2,500 Renewal Jonathan AllenJ. Allen ToyotaRoger Bacon Mossy of Picayune Ryan BrinkmeierMac Haik Ford JacksonMichael Joe CannonCannon Motors of MSTyler CannonCannon Ford of ClevelandGary DodsonCadillac of Jackson Cannon KirkKirk AutoTrudy MoodyMercedes-Benz of JacksonOwen MossyGulfport NissanButch OustaletButch Oustalet Ford LincolnTony PetroPetro NissanBrad YarbroughNatchez Ford Gold Club $1,000 – $2,500 Michael

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