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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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Preparing for a sale means aligning strategy, getting your financial house in order, and developing a plan for execution.
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Succession planning tips and advice from those who've already done it.
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Exposing misconceptions about succession planning and the elements of estate and exit planning.
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How Multi-Unit Franchisees Transition From Multi-Unit Managers To Multi-Unit Leaders.
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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.
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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.
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A succession planning criteria that goes well beyond operational efficiency.
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You Need To Be Planning With 'The End' In Mind. You Have A Responsibility To The Organization To Prepare For Your Eventual Exit.
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Arby's
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Employee Stock Ownership Plans (ESOPs) Are An Advantageous Succession-Planning Tool That Can Provide Benefits Over Traditional Techniques.
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Now is the time to plan for, protect, and and empower your business for growth.
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Multi-Unit Franchisees Talk About How They Measure Growth and Where They See Their Business in 5 to 10 Years.
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Three Ways To Escape Succession Planning Limbo.
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Structuring Your Franchise Company So That You Are Ready To Sell Or Grow.
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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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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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