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Exit Strategies

Feature Story:

Family Matters: Franchising Families Face Unique Succession Dilemmas »

By Dean Zuccarello

Family and entrepreneur-run businesses face many unique and complex challenges, including succession planning. Generally, family businesses are more than just a place of work; there is emotional as well as financial capital tied up in the business, and passing on the family legacy can be stressful and fraught with difficulty.

It is common for small-business owners to be so consumed by running the day-to-day activities of their businesses that they forget to take a step back and contemplate transition planning for the future. Founders work hard to build a solid company, but it is important they take their own needs into account and plan for their eventual retirement and/or the transition of their company. This process becomes even more complicated when families have adult children who are active in the family business and are possible successors to the ownership and management of the company...

Feature Story:

Looking For Mr. Goodbuyer?: Exit Strategy Dynamics Are Changing »

By Dean Zuccarello

Over the past 25 years, franchising has continued to develop and become more sophisticated. The reins of the franchisor have passed from the pioneering founders to established management teams with significant industry experience. Today, many of these companies are publicly traded or majority-owned by institutional equity investors.

Franchisees, too, have grown in size and scope. Many now have a national or super-regional reach, having transitioned from small-scale, mom-and-pop operations to larger, professional, institutionalized operations. As the nature of today's larger franchise companies requires more complex capital structures, various forms of capital alternatives continue to evolve for franchised companies seeking to change ownership or fund growth initiatives...

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2015 MVPs! And the winners are...    

Multi-Unit Franchisee Magazine »

Issue III, 2015

Multi-Unit Buyers Guide    

2015 Multi-Unit Buyers Guide »

Special Edition

Top Opportunities »

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