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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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Dunkin'
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Understanding the realities of keeping results and relationships balanced among business partners and family members.
  • Dan Schneider
  • 2,533 Reads 13 Shares
Don’t leave your business up to fate, take control and put strategies in place to ensure the future you envision.
  • Jeff Bannon
  • 2,334 Reads 21 Shares
The importance of succession planning for the family business; preparing to keep it in the family or sell to the right buyer.
  • Jean Venant
  • 2,520 Reads 17 Shares
Change is a part of every presidential administration and should also be factored into succession planning.
  • Champ Rawls
  • 1,444 Reads 1 Shares
Avoiding 8 common mistakes owners make when selling their business.
  • Terry Monroe
  • 1,924 Reads 8 Shares
How to know when it’s time to sell the family business to someone else.
  • Terry Monroe
  • 3,025 Reads 24 Shares
Developing policies and procedures for working together keeps family harmony in the workplace and at family gatherings outside work.
  • Kendall Rawls
  • 3,027 Reads 34 Shares
The third generation of this family auto repair business prepares to take the reins
  • Kerry Pipes
  • 3,170 Reads 12 Shares
Looking At What's Involved In Making A Private Equity Partnership Successful.
  • Jeff Bannon
  • 2,474 Reads 12 Shares
Will you be prepared for the questions and concerns about the future and how it will affect your business?
  • Kendall Rawls
  • 3,005 Reads 22 Shares
There Is A Positive Side To A Pandemic That Can Offer Lessons In How To Plan, Prepare, And Progress Into The Future.
  • Kendall Rawls
  • 2,152 Reads 21 Shares
Fazoli's Restaurants
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Fazoli's Restaurants
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Fazoli's Restaurants
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You need a minimum of 5 years to prepare a successor to take over the business.
  • Kendall Rawls
  • 1,762 Reads 20 Shares
When hiring your children into the family business, beware of how it might adversely affecting your partners
  • Jeff Bannon
  • 988 Reads 1 Shares
Creating A Lasting Business Structure With The Flexibility To Evolve Requires A Discussion Of "What Ifs" Specific To Your Business.
  • Jeff Bannon
  • 2,380 Reads 4 Shares
The 5 Key Areas Of The Business Structure Checklist That Are Essential For Multi-Unit Operators.
  • Dan Iosue
  • 2,623 Reads 21 Shares
When Tony Lutfi decided to pass his more than 200 units to his sons and nephew, it was more complicated than he expected.
  • Eddy Goldberg
  • 4,589 Reads 47 Shares
The Beginning Of The New Year Is A Great Time To Take A Step Back And Look At How You Can Protect Your Family And Your Business With Succession Planning.
  • Kendall Rawls
  • 3,414 Reads 9 Shares
Succession Planning Requires Synergy With The Management Team, Resources For Growth, And Confidence In Successors.
  • Kendall Rawls
  • 4,730 Reads 70 Shares
Successful Multi-Unit Franchisees Say The Leadership Mindset Can Be Easier When Leaders Cultivate Complementary Skill Sets.
  • Multi-Unit Franchisee
  • 2,312 Reads 3 Shares
Why Multi-Unit Franchisees Sometimes Need To Step Back And Pause For Perspective When Leading And Growing Their Company.
  • Multi-Unit Franchisee
  • 2,176 Reads 3 Shares
Succession planning tips and advice from those who've already done it.
  • Sara Wykes
  • 4,047 Reads 39 Shares
Modern Market Eatery
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Modern Market Eatery
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Modern Market Eatery
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Exposing misconceptions about succession planning and the elements of estate and exit planning.
  • Kendall Rawls
  • 3,610 Reads 32 Shares
How Multi-Unit Franchisees Transition From Multi-Unit Managers To Multi-Unit Leaders.
  • Multi-Unit Franchisee
  • 3,210 Reads 49 Shares
There's Much More To Succession Planning Than Simply Addressing Your Estate And Exit Plans. There Are Numerous Other Issues That Impact The Current And Future Success Of Your Business.
  • Kendall Rawls
  • 3,172 Reads 12 Shares
How Multi-Unit Franchisees Can Face Unexpected Economic Distress, Maintain Control, And Use Options For Financial Renewal And Restoration.
  • Walter Popiel and Matthew Mason
  • 3,310 Reads 53 Shares
No One Wants To Consider What The End Looks Like. But It’s Important For Your People And Your Business To Ensure You Have The Proper Protections In Place.
  • Kendall Rawls
  • 2,526 Reads 28 Shares
A succession planning criteria that goes well beyond operational efficiency.
  • David Weaver
  • 2,857 Reads 23 Shares
Employee Stock Ownership Plans (ESOPs) Are An Advantageous Succession-Planning Tool That Can Provide Benefits Over Traditional Techniques.
  • Multi-Unit Franchisee
  • 3,252 Reads 25 Shares
Now is the time to plan for, protect, and and empower your business for growth.
  • Kendall Rawls
  • 7,049 Reads 47 Shares
Multi-Unit Franchisees Talk About How They Measure Growth and Where They See Their Business in 5 to 10 Years.
  • Multi-Unit Franchisee
  • 3,630 Reads 87 Shares
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