Why Business Succession Planning is Critical for the 45 Year Old Dealer: A Non-Technical, Non-Legal Perspective
A discussion of practical considerations in business succession planning: getting started, timing, dealing with the unexpected, communicating, preserving family relationships, difference in treating children equally vs equitably, importance of good legal and accounting advice and more.
Bob McCollum owns and operates three Culligan franchises located in Blountville, TN and Greenville, SC. Bob purchased his first dealership in 1982, following a career with a large chemical company during which he was responsible for sales management in the water treating chemicals division. Bob is a longtime member of CDANA. He holds a BS in Chemistry and Molecular Biology, a Masters in Environmental Health, and an MBA. Bob currently serves as the President of the CDANA Board of Directors.