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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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David Energy
David Energy is a software-enabled retail energy provider bringing the power of visibility, savings and peace of mind to mid-market brands.
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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.
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Succession planning is the secret sauce to building long-term sustainable businesses.
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It’s important to put together a plan for when and how you bring any of your children into the family business.
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Considering the possible, probable, and potential issues impacting your business when the economy changes.
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Chris Carpenter went looking for the perfect partner for his first franchise. He found his dad.
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How multi-unit franchisees can take steps to create more control over the future of their business
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Ongoing dialogue helps the next generation understand the complexities of the business, expectations as an employee, and the potential of becoming leaders.
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Transitioning your business to the next generation will take plenty of planning, preparation, training, and time
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JJ Ramsey grew up working in the family’s Schlotzsky’s franchise business. Today he has 18 Schlotzsky’s of his own.
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The perfect strategic plan combines the elements of research, strategic thinking, and execution.
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Don’t leave your business up to fate, take control and put strategies in place to ensure the future you envision.
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Change is a part of every presidential administration and should also be factored into succession planning.
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Avoiding 8 common mistakes owners make when selling their business.
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You need a minimum of 5 years to prepare a successor to take over the business.
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