Jeff Faulkner

About Jeff Faulkner

This author has not yet filled in any details.
So far Jeff Faulkner has created 76 blog entries.

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 |Leading Your Business Through Transition, 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 [...]

As Seen in Digital Dealer Magazine – Protecting Your Profits From The Unknown

2020-03-24T13:09:41-05:00By |Leading Your Business Through Transition, Succession Blog|

Great article by Jeff Faulkner in Dealer Magazine. How to protect your business, and even see it thrive, during the inevitable next economic downturn. Spoiler: succession planning is key! Read the complete article on the Dealer Magazine website

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, [...]

Sibling Rivalry to Sibling Synergy

2015-08-11T04:10:00-05:00By |Succession Blog|

Siblings in business who are experiencing rivalry issues have simply not recognized that they are now adults. They have carried the petty issues of their childhood with them into the business. When you become an adult you have to put away childish things. Sibling rivalries in family business are often rooted in a competition to [...]