Franchisee Succession - The Rawls Group

This 8-episode series of conversations between Jeff Bannon, Succession Planner at The Rawls Group, and Aicha Bascaro, President of the American Franchise Academy, covers various aspects of franchise business growth and succession planning.

The topics discussed include challenges and strategies for franchise growth, building resilience in businesses, understanding franchise goals, attracting and retaining talent, multi-unit franchisee preparation, managing inflation, and estate planning versus succession planning. Throughout the series, emphasis is placed on the importance of clear goals, effective leadership, efficient processes, and succession planning for long-term success and profitability in franchise businesses.

This is one of many topics discussed in our Advancing Your Business, People and Legacy Podcast. For additional topics visit our Succession Podcast page.

Franchise Success: Understanding Your Goals and Planning for the Future

Franchise Success: Understanding Your Goals and Planning for the Future

2023-04-19T09:30:51-05:00By Jeff Bannon|Advisor Collaboration, Franchisee Succession: How to Grow & Build Value, Multi-Unit Franchising, Succession Blog, Video|

Multi-unit franchising is a popular business model that allows entrepreneurs to start a business with an established brand, products, and services. While franchising can offer many benefits, such as lower startup costs and support from the franchisor, success is not guaranteed. In fact, according to the International Franchise Association, about [...]

Understanding the Difference Between Estate Planning and Succession Planning

Understanding the Difference Between Estate Planning and Succession Planning

2023-04-19T09:31:36-05:00By Jeff Bannon|Advisor Collaboration, Franchisee Succession: How to Grow & Build Value, Multi-Unit Franchising, Succession Blog, Video|

Success in the world of business requires not only careful planning for the present but also for the future. To this end, it is essential to engage in both estate planning and succession planning. In a recent video conversation, Jeff Bannon, a Succession Planner at The Rawls Group, and Aicha [...]

Franchise Growth: Overcoming Challenges and Implementing Winning Strategies

Franchise Growth: Overcoming Challenges and Implementing Winning Strategies

2023-05-30T16:01:07-05:00By Jeff Bannon|Advisor Collaboration, Franchisee Succession: How to Grow & Build Value, Multi-Unit Franchising, Succession Blog, Video|

Franchising is a popular business model that offers entrepreneurs the opportunity to own and operate their own business under an established brand name. While it can be a lucrative and rewarding experience, franchising comes with its own set of unique challenges that must be addressed to achieve sustainable growth. In [...]

Building Resilience in Your Business

Building Resilience in Your Business

2023-04-19T09:33:08-05:00By Jeff Bannon|Advisor Collaboration, Franchisee Succession: How to Grow & Build Value, Multi-Unit Franchising, Succession Blog, Video|

In today's volatile and ever-changing business landscape, resilience is essential to the success of any organization. Jeff Bannon, Succession Planner at The Rawls Group, and Aicha Bascaro, President of the American Franchise Association, recently had a video conversation that emphasized the importance of building resilience in your business through key [...]

Key Strategies for Retaining and Attracting Talent in Today’s Business World

Key Strategies for Retaining and Attracting Talent in Today’s Business World

2023-04-19T09:33:46-05:00By Jeff Bannon|Advisor Collaboration, Franchisee Succession: How to Grow & Build Value, Multi-Unit Franchising, Succession Blog, Video|

In today's competitive business world, attracting and retaining top talent is essential for companies to stay ahead of the curve. While competitive salaries and benefits are important, they are not the only factors that contribute to employee satisfaction and loyalty. In this article, we'll explore some key strategies that companies [...]

Expert Advice for Franchise Business Growth and Management

Expert Advice for Franchise Business Growth and Management

2023-04-19T09:34:27-05:00By Jeff Bannon|Advisor Collaboration, Franchisee Succession: How to Grow & Build Value, Multi-Unit Franchising, Succession Blog, Video|

Franchising can be an excellent way for entrepreneurs to start their own business while enjoying the benefits of an established brand. However, as with any business venture, there are pros and cons to consider before making a decision. In a recent video conversation with Jeff Bannon, Succession Planner with The [...]

Preparing for the Future as a Multi-Unit Franchisee

Preparing for the Future as a Multi-Unit Franchisee

2023-04-19T09:35:18-05:00By Jeff Bannon|Advisor Collaboration, Franchisee Succession: How to Grow & Build Value, Multi-Unit Franchising, Succession Blog, Video|

As a multi-unit franchisee, you've invested a significant amount of time and money into your business, and naturally, you want to maintain control over it. However, as an entrepreneur or business owner, you must consider the future of your company and determine if you want to sell it, keep it, [...]

Managing Inflation: Key Considerations for Franchise Owners and Business Leaders

Managing Inflation: Key Considerations for Franchise Owners and Business Leaders

2023-04-19T09:36:11-05:00By Jeff Bannon|Advisor Collaboration, Franchisee Succession: How to Grow & Build Value, Multi-Unit Franchising, Succession Blog, Video|

Inflation is a reality that businesses must deal with, and franchise businesses are no exception. The impact of inflation on franchise businesses can be significant, affecting the profitability and sustainability of franchise units. This article will explore the rising costs of goods, equipment, and services, and the recommendations for franchise [...]