Succession Planning - Franchising.com
Company Added
Company Removed
Apply to Request List

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.

RECENT HEADLINES

AnswerConnect
Boost your brand with AnswerConnect, the IFA's preferred vendor. Our 24/7 service ensures growth through professional call answering, lead capture, and appointment setting. Let us save you time and help your brand seize every opportunity.
Request Info
Learn More
Wienerschnitzel
SPONSORED CONTENT
Wienerschnitzel
SPONSORED CONTENT
Wienerschnitzel
SPONSORED CONTENT
To preserve his business and help his family, Gary Avants hired a family succession consultant.
  • M. Scott Morris
  • 2,074 Reads 3 Shares
How you can strike a balance between the mindset of preparing your business for sale and staying connected to your purpose.
  • Kendall Rawls
  • 2,753 Reads 14 Shares
Guarantee financial safety, wealth, freedom, and a lasting legacy for your family through estate planning and succession planning
  • Kendall Rawls
  • 4,040 Reads 16 Shares
Preparing a succession strategy can construct a strong base for your venture and lay the groundwork for long-term success.
  • Kendall Rawls
  • 2,714 Reads 2 Shares
Looking to sell? Finding the right PE partner can help you to maximize your return
  • Carty Davis
  • 2,927 Reads 37 Shares
An advisor team can provide valuable insights and expertise to help you make informed decisions and set your business up for success in the future.
  • Kendall Rawls
  • 2,220 Reads 6 Shares
Succession planning is the secret sauce to building long-term sustainable businesses.
  • Kendall Rawls
  • 2,840 Reads 15 Shares
Establish a Successor Development Program to help you pick the right successor leader for your company.
  • Loyd Rawls
  • 3,434 Reads 2 Shares
It’s important to put together a plan for when and how you bring any of your children into the family business.
  • Loyd Rawls
  • 2,825 Reads 18 Shares
Considering the possible, probable, and potential issues impacting your business when the economy changes.
  • Kendall Rawls
  • 3,910 Reads 11 Shares
Chris Carpenter went looking for the perfect partner for his first franchise. He found his dad.
  • Chris Carpenter
  • 6,769 Reads 29 Shares
Dogtopia
SPONSORED CONTENT
Dogtopia
SPONSORED CONTENT
Dogtopia
SPONSORED CONTENT
How multi-unit franchisees can take steps to create more control over the future of their business
  • Kendall Rawls
  • 5,488 Reads 8 Shares
Ongoing dialogue helps the next generation understand the complexities of the business, expectations as an employee, and the potential of becoming leaders.
  • Kendall Rawls
  • 2,378 Reads 4 Shares
Transitioning your business to the next generation will take plenty of planning, preparation, training, and time
  • Emma Pearson
  • 4,810 Reads 12 Shares
JJ Ramsey grew up working in the family’s Schlotzsky’s franchise business. Today he has 18 Schlotzsky’s of his own.
  • Kerry Pipes
  • 6,803 Reads 511 Shares
Now is the time to decide if dealing with the family “petty crap” is worth pursuing a succession plan for your business.
  • Loyd Rawls
  • 3,962 Reads 11 Shares
The perfect strategic plan combines the elements of research, strategic thinking, and execution.
  • Jeff Faulkner
  • 5,664 Reads 7 Shares
Understanding the realities of keeping results and relationships balanced among business partners and family members.
  • Dan Schneider
  • 4,591 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
  • 4,674 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
  • 4,772 Reads 17 Shares
Change is a part of every presidential administration and should also be factored into succession planning.
  • Champ Rawls
  • 3,083 Reads 1 Shares
Red Roof Inn
SPONSORED CONTENT
Red Roof Inn
SPONSORED CONTENT
Red Roof Inn
SPONSORED CONTENT
Avoiding 8 common mistakes owners make when selling their business.
  • Terry Monroe
  • 3,486 Reads 8 Shares
How to know when it’s time to sell the family business to someone else.
  • Terry Monroe
  • 5,680 Reads 27 Shares
Developing policies and procedures for working together keeps family harmony in the workplace and at family gatherings outside work.
  • Kendall Rawls
  • 4,885 Reads 34 Shares
The third generation of this family auto repair business prepares to take the reins
  • Kerry Pipes
  • 5,270 Reads 14 Shares
Looking At What's Involved In Making A Private Equity Partnership Successful.
  • Jeff Bannon
  • 4,105 Reads 12 Shares
Will you be prepared for the questions and concerns about the future and how it will affect your business?
  • Kendall Rawls
  • 8,002 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
  • 3,748 Reads 21 Shares
You need a minimum of 5 years to prepare a successor to take over the business.
  • Kendall Rawls
  • 3,670 Reads 20 Shares
When hiring your children into the family business, beware of how it might adversely affecting your partners
  • Jeff Bannon
  • 2,446 Reads 1 Shares
Share This Page

Subscribe to our Newsletters