For anyone who’s invested in their business, owning a future succession strategy is well worth the time. That topic will be examined in a special session on March 13 during RVX: The RV Experience, conducted by Brad Stanek of Morgan Stanley from 11-11:45 a.m.
Stanek will discuss the specific formula to get an estimate of what a dealership is worth, the eight drivers that buyers value the most in determining their offer and three actions to take to increase the value of a dealership. Whether you’re thinking about selling your dealership to a third party, passing the business along to the next generation, or stepping out and having key employees run it for you, the session will offer a prove guide.
Stanek has worked in the financial services industry since 1993, becoming an investment professional with Morgan Stanley in 2009 through a predecessor firm. Initially with Merrill Lynch, he came to Morgan Stanley to provide clients with a full range of financial services and investment advice from one of the largest firms on Wall Street.
In his role as senior vice president – wealth management, Stanek focuses on financial planning and exit planning for business owners in the appliance and electronics, RV, power sports, technology integrators and outdoor power equipment industries.