Welcome to our podcast focused on all things impacting growth, value and the sustainability of privately held businesses. Contact kendall@rawlsgroup.com if you would like to submit a topic for discussion, questions about the podcast or have question about your succession planning environment.
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 [...]
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 [...]
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, [...]
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 [...]
Welcome to the enlightening Part Three of our "What People Want From Their Leaders" series, dedicated to Women in Leadership. In this episode, we venture deep into the vital behaviors that individuals in positions of authority must embody. We explore the fundamental qualities that people seek and desire in leaders, [...]
Even though Wall Street predicts 2022 and 2023 will have 10% growth in earnings and isn't currently anticipating any slowdown, many multi-unit franchisees have expressed concern over economic uncertainties. Talks of inflation, change in tax law, ongoing supply chain issues, and labor shortages have multi-unit franchisees wondering how or if [...]
Welcome to Part Two of our enlightening series, "What People Want from Their Leaders," with a special focus on Women in Leadership. In this episode, we dive deeper into the qualities that spark inspiration and nurture meaningful connections. Building upon the fundamental elements of trust, flexibility, consistency, and patience explored [...]
Tired of untrustworthy, fickle, and insecure individuals masquerading as "leaders"? A recent meme from “somecards” sums it up perfectly: "You're not a Leader if nobody wants to follow you... You're just a control freak, power-tripping jerk who wants to be in charge." For years, employers have grappled with finding loyal [...]
Seasonality, inflation, politics, people, and technology are a few headwinds impacting fuel dealers, wholesalers, and service contractors in the energy space. We are often asked, "How can we create predictable revenues in an industry influenced by so many outside "threats?" In this episode, Doug Woosnam, a Consultant with Cetane Associates, [...]
Successfully integrating family into the business, whether as an employee, manager, or one-day successor, requires having a plan. Next-Gen business owners may need to invest their entire net-worth back into the business to compete with the larger consolidators. This means being less a caretaker of the business as generations past, [...]
