ASA WEBINAR with Michael Smith on Exit with Purpose: Designing a Succession Plan That Builds a Lasting Legacy

ASA Webinar Wednesday - Exit with Purpose: Designing a Succession Plan That Builds a Lasting Legacy

June 17, 2026 12:00 PM - 1:00 PM (CDT)

Presenter: Michael H. Smith, The Institute.

The automotive service industry is undergoing radical transformation. As an owner, your exit is not just a transaction—it’s the culmination of your life's work and the launchpad for your company’s next era. In this powerful, thought-provoking session, veteran strategist Michael Herzberg Smith reveals the evolving landscape of succession options, what truly drives company value from an investor’s lens, and how to turn your transition into a legacy that lasts. Whether you’re 10 years away or already on the edge of exit, this webinar will help you define your succession on your terms—so you don’t just leave your company, you launch its next level. 

Key Takeaways:

• Understand the succession spectrum—from family transition to employee buyouts to PE-backed exits—and how to select the right path for your goals.

• Increase your company's value by thinking like an investor and building a “sellable” business, even if you’re not selling yet.

• Prepare your team and leadership to carry forward your mission and maintain excellence post-transition.

• Avoid the most common mistakes owners make when preparing to exit—especially in the final three years.

• Clarify your personal legacy goals and create a plan for both personal and financial freedom after succession.