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Succession Planning for the Equipment Distribution Industry

Feature article written by Keith Butcher

Owners of equipment dealerships need to create and implement an exit strategy to ensure their legacy and the continuation of their business, while taking into consideration the logistical obstacles that are specific to the equipment distribution industry.

Written by Keith Butcher, Managing Partner at ButcherJoseph & Co., this article explains why identifying realistic options for the next layer of leadership is an essential part of the process.

Highlights include:

  • An overview of buyers for equipment dealerships
  • Unique issues facing owners of smaller, mid-size, and larger dealers
  • Specific advantages and disadvantage of various exit strategies