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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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The Human Bean
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The Human Bean
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The Human Bean
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To preserve his business and help his family, Gary Avants hired a family succession consultant.
  • M. Scott Morris
  • 2,089 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
  • 2,766 Reads 14 Shares
Guarantee financial safety, wealth, freedom, and a lasting legacy for your family through estate planning and succession planning
  • Kendall Rawls
  • 4,049 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
  • 2,722 Reads 2 Shares
Looking to sell? Finding the right PE partner can help you to maximize your return
  • Carty Davis
  • 2,940 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
  • 2,228 Reads 6 Shares
Succession planning is the secret sauce to building long-term sustainable businesses.
  • Kendall Rawls
  • 2,850 Reads 15 Shares
Establish a Successor Development Program to help you pick the right successor leader for your company.
  • Loyd Rawls
  • 3,449 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
  • 2,832 Reads 18 Shares
Considering the possible, probable, and potential issues impacting your business when the economy changes.
  • Kendall Rawls
  • 3,922 Reads 11 Shares
Chris Carpenter went looking for the perfect partner for his first franchise. He found his dad.
  • Chris Carpenter
  • 6,790 Reads 29 Shares
Red Roof Inn
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Red Roof Inn
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Red Roof Inn
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How multi-unit franchisees can take steps to create more control over the future of their business
  • Kendall Rawls
  • 5,499 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
  • 2,389 Reads 4 Shares
Transitioning your business to the next generation will take plenty of planning, preparation, training, and time
  • Emma Pearson
  • 4,819 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
  • 6,828 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
  • 3,970 Reads 11 Shares
The perfect strategic plan combines the elements of research, strategic thinking, and execution.
  • Jeff Faulkner
  • 5,679 Reads 7 Shares
Understanding the realities of keeping results and relationships balanced among business partners and family members.
  • Dan Schneider
  • 4,600 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
  • 4,681 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
  • 4,784 Reads 17 Shares
Change is a part of every presidential administration and should also be factored into succession planning.
  • Champ Rawls
  • 3,093 Reads 1 Shares
American Family Care
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American Family Care
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American Family Care
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Avoiding 8 common mistakes owners make when selling their business.
  • Terry Monroe
  • 3,496 Reads 8 Shares
How to know when it’s time to sell the family business to someone else.
  • Terry Monroe
  • 5,703 Reads 27 Shares
Developing policies and procedures for working together keeps family harmony in the workplace and at family gatherings outside work.
  • Kendall Rawls
  • 4,892 Reads 34 Shares
The third generation of this family auto repair business prepares to take the reins
  • Kerry Pipes
  • 5,283 Reads 14 Shares
Looking At What's Involved In Making A Private Equity Partnership Successful.
  • Jeff Bannon
  • 4,109 Reads 12 Shares
Will you be prepared for the questions and concerns about the future and how it will affect your business?
  • Kendall Rawls
  • 8,011 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
  • 3,755 Reads 21 Shares
You need a minimum of 5 years to prepare a successor to take over the business.
  • Kendall Rawls
  • 3,683 Reads 20 Shares
When hiring your children into the family business, beware of how it might adversely affecting your partners
  • Jeff Bannon
  • 2,450 Reads 1 Shares
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