Jeff Faulkner

About Jeff Faulkner

This author has not yet filled in any details.
So far Jeff Faulkner has created 77 blog entries.

Automotive News: Dealers need a succession strategy to avoid trouble

2020-09-21T10:01:39-05:00By |Succession Blog|

Contemplating our own exit from the business is not an easy thing to do.  However, we argue that being a responsible and forward-thinking business owner, it is something you MUST do.  To put your life’s work into the business and then not consider the impact of your departure on your family, employees, community, and [...]

As Seen in Multi-Unit Franchisee Report – Conflict Is Inevitable, Here’s How To Navigate It

2020-06-02T09:03:17-05:00By |Succession Blog|

Conflict is a given in life. No two people agree on every angle of every subject. In emotionally bonded relationships like family and or business partnerships, differences of opinion carry more weight and often leads to conflict. There are some underlying reasons for these responses to our differences, which is probably subject matter for [...]

As Seen in Multi-Unit Franchisee Report – Effective Communication In The Family Business During A Crisis Like Covid-19

2020-05-19T09:48:51-05:00By |Succession Blog|

Combining family and business is challenging and can be frustrating when things are going well, but when a crisis like Covid-19 hits...pressure builds and emotions can blow sky high. You can't run a business like a family, and you can't run a family like a business. During difficult times family members need each others' [...]

Under Pressure – Strategies to Navigate Emotional Eruptions in the Family Business

2020-05-04T13:21:09-05:00By |COVID 19: The Path Forward, Succession Blog|

Family and business are challenging and can be frustrating when things are going well and “normal,” but when a crisis hits…pressure builds, and emotions can blow sky high. On the daily, it takes work from all parties involved to manage emotions. With the current pandemic we have greater uncertainty and anxiety about our physical [...]

As Seen in Digital Dealer – Entitlement- The Kiss of Death in a Family Business

2017-01-07T00:05:53-06:00By |Succession Blog|

Entitlement issues are rampant in family owned dealerships. It is a stealthy and dangerous disease that can have a widespread and prolific impact on our business culture, as well as at home. How do we keep it from becoming an epidemic in our business and family lives? First, you must understand exactly what entitlement means. [...]

Pass the Baton So Your Successor Can Fill Your Shoes

2016-07-01T13:00:00-05:00By |Newsletter Archive|

Developing a successor is paramount to sustainable business success. It requires empowering your successor to step up to the challenge, while holding them accountable to strategic goals. For a period of time there are multiple hands on the baton. If this delicate transition is not done properly there can be a demotivating tug of war [...]

How to Build Teamwork Amongst Key Managers and Family

2016-03-21T13:00:00-05:00By |Succession Blog|

Your management team and family member employees should form the backbone of your business. Ideally, they know and live your values; they are in alignment with your goals; and they are your boots on the ground interacting with customers, employees, and vendors. At their best they optimize resources to achieve a high level of performance, [...]

Go to Top