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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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Urban Air Adventure Park
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Urban Air Adventure Park
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Urban Air Adventure Park
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Will you be prepared for the questions and concerns about the future and how it will affect your business?
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There Is A Positive Side To A Pandemic That Can Offer Lessons In How To Plan, Prepare, And Progress Into The Future.
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You need a minimum of 5 years to prepare a successor to take over the business.
  • Kendall Rawls
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When hiring your children into the family business, beware of how it might adversely affecting your partners
  • Jeff Bannon
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Creating A Lasting Business Structure With The Flexibility To Evolve Requires A Discussion Of "What Ifs" Specific To Your Business.
  • Jeff Bannon
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The 5 Key Areas Of The Business Structure Checklist That Are Essential For Multi-Unit Operators.
  • Dan Iosue
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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
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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.
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Succession Planning Requires Synergy With The Management Team, Resources For Growth, And Confidence In Successors.
  • Kendall Rawls
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Preparing for a sale means aligning strategy, getting your financial house in order, and developing a plan for execution.
  • Carty Davis
  • 2,176 Reads 15 Shares
Successful Multi-Unit Franchisees Say The Leadership Mindset Can Be Easier When Leaders Cultivate Complementary Skill Sets.
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Blink Fitness
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Blink Fitness
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Blink Fitness
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Why Multi-Unit Franchisees Sometimes Need To Step Back And Pause For Perspective When Leading And Growing Their Company.
  • Multi-Unit Franchisee
  • 1,705 Reads 3 Shares
Succession planning tips and advice from those who've already done it.
  • Sara Wykes
  • 3,411 Reads 38 Shares
Exposing misconceptions about succession planning and the elements of estate and exit planning.
  • Kendall Rawls
  • 2,877 Reads 32 Shares
How Multi-Unit Franchisees Transition From Multi-Unit Managers To Multi-Unit Leaders.
  • Multi-Unit Franchisee
  • 2,431 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
  • 2,641 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
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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.
  • Kendall Rawls
  • 2,137 Reads 26 Shares
A succession planning criteria that goes well beyond operational efficiency.
  • David Weaver
  • 2,297 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
  • 2,152 Reads 39 Shares
Employee Stock Ownership Plans (ESOPs) Are An Advantageous Succession-Planning Tool That Can Provide Benefits Over Traditional Techniques.
  • Multi-Unit Franchisee
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Arby's
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Arby's
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Arby's
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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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New franchisor? 18 tips to get your franchise growing.
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6 traits strong franchise brands have in common.
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Why It Is In Everyone's Best Interest To Develop A Plan For The Continuity Of Profitability At Your Franchise Organization.
  • Jeff Bannon
  • 2,578 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
  • 2,310 Reads 13 Shares
Effective succession planning can bring value to your business in the beginning as well as at the end.
  • Kendall Rawls
  • 3,686 Reads 33 Shares

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