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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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
- 2,480 Reads 9 Shares
Succession Planning Requires Synergy With The Management Team, Resources For Growth, And Confidence In Successors.
- Kendall Rawls
- 3,083 Reads 43 Shares
Preparing for a sale means aligning strategy, getting your financial house in order, and developing a plan for execution.
- Carty Davis
- 1,915 Reads 15 Shares
Successful Multi-Unit Franchisees Say The Leadership Mindset Can Be Easier When Leaders Cultivate Complementary Skill Sets.
- Multi-Unit Franchisee
- 1,592 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
- 1,447 Reads 3 Shares
Succession planning tips and advice from those who've already done it.
- Sara Wykes
- 2,971 Reads 38 Shares
Exposing misconceptions about succession planning and the elements of estate and exit planning.
- Kendall Rawls
- 2,505 Reads 32 Shares
How Multi-Unit Franchisees Transition From Multi-Unit Managers To Multi-Unit Leaders.
- Multi-Unit Franchisee
- 2,072 Reads 47 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
- 2,302 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
- 2,049 Reads 50 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
- 1,797 Reads 24 Shares
A succession planning criteria that goes well beyond operational efficiency.
- David Weaver
- 2,062 Reads 23 Shares
You Need To Be Planning With 'The End' In Mind. You Have A Responsibility To The Organization To Prepare For Your Eventual Exit.
- David Weaver
- 1,942 Reads 39 Shares
Employee Stock Ownership Plans (ESOPs) Are An Advantageous Succession-Planning Tool That Can Provide Benefits Over Traditional Techniques.
- Multi-Unit Franchisee
- 2,033 Reads 25 Shares
Now is the time to plan for, protect, and and empower your business for growth.
- Kendall Rawls
- 3,343 Reads 43 Shares
Multi-Unit Franchisees Talk About How They Measure Growth and Where They See Their Business in 5 to 10 Years.
- Multi-Unit Franchisee
- 2,788 Reads 86 Shares
Three Ways To Escape Succession Planning Limbo.
- Jeff Bannon, The Rawls Group
- 3,651 Reads 56 Shares
Structuring Your Franchise Company So That You Are Ready To Sell Or Grow.
- Kendall Rawls
- 2,610 Reads 28 Shares
New franchisor? 18 tips to get your franchise growing.
- Don Daszkowski
- 2,573 Reads 66 Shares
6 traits strong franchise brands have in common.
- Eddy Goldberg
- 2,197 Reads 25 Shares
Why It Is In Everyone's Best Interest To Develop A Plan For The Continuity Of Profitability At Your Franchise Organization.
- Jeff Bannon
- 2,176 Reads 30 Shares
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.
- Kendall Rawls
- 2,069 Reads 13 Shares
Effective succession planning can bring value to your business in the beginning as well as at the end.
- Kendall Rawls
- 3,388 Reads 33 Shares
Many business owners continue steadfastly as the only key leader in their company, failing to develop employees and managers who have leadership potential.
- Kendall Rawls
- 10,991 Reads 24 Shares
With the first quarter done, it's time to review your recruitment results
- Art Coley
- 9,049 Reads 5 Shares
Combining Your Dream with a Plan That That Will Help your Business Now and Going Forward.
- Jeff Bannon
- 9,265 Reads 2 Shares
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.
- Kerry Pipes
- 10,137 Reads 233 Shares
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
- 11,073 Reads 16 Shares
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.
- Kendall Rawls
- 27,790 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
- 5,373 Reads 10 Shares
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