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Succession Planning

Are you prepared for the next stage in the evolution of your franchise business? Exit strategies and retirement planning can include building a legacy organization to pass on to your children; taking on a partner and phasing out of the business; selling to the highest bidder and walking away; or selling to managers or a buyer most likely to retain the culture and team you’ve so painstakingly built over the years.

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6 traits strong franchise brands have in common.
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The end of the year is the time to get your mission, vision, and values identified and documented and get ready to move into the future.
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Effective succession planning can bring value to your business in the beginning as well as at the end.
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Many business owners continue steadfastly as the only key leader in their company, failing to develop employees and managers who have leadership potential.
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Combining Your Dream with a Plan That That Will Help your Business Now and Going Forward.
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Why it's important to consider current trends and map out what your own future will look like, for the sake of your organization and your people.
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SPONSORED
Open a Sbarro, LLC Franchise
An award-winning franchise company, Sbarro is known for selling XL NY pizza by the slice with dough made in-house daily & 100% Whole Milk Mozzarella.
Start the New Year off by ensuring that you focus on all areas of the business including your leadership style and the example you are setting with your people.
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  • 27,195 Reads 7 Shares
Relationships With Franchisors, Customers, And The Community Are One Of The Most Important Aspects Of Success And Critical To Driving Long-Term Value.
  • Kendall Rawls
  • 4,750 Reads 10 Shares
Change is inevitable and there are always unknowns and the unpredictable to navigate. This should not be a hindrance to developing and executing a strategic plan for your business.
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