RVDA Expo to Address Succession Planning
Dealers at the RV Dealers International Convention/Expo can attend a valuable education session on effective succession planning. According to a press release, such planning is essential for those who want to preserve their businesses, their assets and their families’ relationships.
The hour-long, interactive session will allow participants to gauge their level of preparedness for a transition and understand the steps necessary to avoid being among the 70% of businesses that fail somewhere along the way.
“Beating the Odds – Crafting a Successful Lifetime Business Transition Strategy” will be presented by Don Bielen on Nov. 13 from 9-10 a.m. Bielen, a principal with The Ranier Group, has consulted on more than 100 business transitions across the U.S. for RV, farm equipment, boat and auto dealerships. This session will provide dealers with the ability to quantify their level of “readiness” and identify areas that require additional preparation to pass the business and preserve family wealth. See a video preview of Bielen’s presentation style on YouTube.
Themed “Passport to Excellence: Education & Training,” the convention takes place Nov. 10-14 at Bally’s in Las Vegas. The convention program has been expanded to include training and education for all dealership staff, with programs for young executives and a special emphasis on digital marketing and social media. Back for a second year, Vendor Training +Plus on Monday and Tuesday offers product or program specific training opportunities, followed by educational track workshops for Dealer/GMs and managers in sales, service, parts, and rental operations.
The 2014 convention will feature an exhibit hall filled with the RV industry’s top companies offering products and services to help dealers improve profitability. In addition, RVDA’s Partners in Progress committees will meet to work on important dealer-manufacturer issues.
The expanded training and exhibits increase the convention’s value for all dealership management. To encourage dealers to bring more staff, the registration rate has been kept low, with discounts for additional staff members. RVDA also continues to offer helpful registration payment plans, including an easy pay plan of three payments and the ability to lock in early rates for additional employees with one paid convention registration.