Succession Planning - Franchising.com Topics

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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Combining Your Dream with a Plan That That Will Help your Business Now and Going Forward.
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It's in the best interest of multi-unit franchisees and franchisors to work together to resolve any differences that emerge. Be a part of a session that addresses both sides of this issue at the Multi-Unit Franchising Conference in April.
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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.
  • Kendall Rawls
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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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Relationships With Franchisors, Customers, And The Community Are One Of The Most Important Aspects Of Success And Critical To Driving Long-Term Value.
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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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