How Can Franchisees and Dealers Retain or Increase Their Sales?

2021-05-17T16:13:31-05:00By |Advisor Collaboration, Burning Questions, Multi-Unit Franchising, Video|

Unknowns and uncertainty can have a direct negative impact on culture. Emotions stir internally, therefore a store manager has to reset the thermostat to a “we will thrive” setting. How you react matters when coming out of a pandemic, crisis, or any other situation in which your employees may be [...]

How Can I Protect Our Multiples & Value During Difficult Times?

2021-05-10T10:05:13-05:00By |Advisor Collaboration, Burning Questions, Multi-Unit Franchising, Video|

Protecting the value of your business is what succession planning is all about. When going through, as well as, once on the other side of difficult times, take another look at your business with a fresh set of eyes.  Consider looking at your business from a buyer's perspective.  It is [...]

How Do I Safeguard Business Continuity if I, as the Operator or Key Leader, Gets Sick?

2021-05-24T08:31:33-05:00By |Advisor Collaboration, Burning Questions, Multi-Unit Franchising, Video|

It should not take a pandemic to showcase the importance of planning. Prior to the pandemic, many business owners had not considered the creation of a contingency plan, however, it is top of mind for many now. One way to ensure you have protected the operational and financial continuity of [...]

Bench Strength: How to Develop Your Bench and Make Changes to Your Roster

2021-04-23T16:05:36-05:00By |Multi-Unit Franchising, Succession Blog|

When we think about our organization and what keeps it strong and, if done right, provides plenty of bragging rights, it points right to our people. People are our biggest asset, and developing them, so they are loyal, dedicated, engaged, and all the other adjectives we use to describe the best of the best [...]

Develop a Succession Plan to Protect Your Business and Assets

2021-04-15T15:38:20-05:00By |Multi-Unit Franchising, Succession Blog, Video|

Without a succession plan, multi-unit franchisee owners are giving up their control over to the fate of the environment.  Every business owner should at least think through succession strategies.  Listen to Jeff Bannon’s insight which provides some next steps to get started and key issues to think through. There is [...]

4 Key Areas Every Business Owner Should Take Control Of

2021-04-05T11:59:36-05:00By |Multi-Unit Franchising, Succession Blog|

As the world shut down in 2020, entrepreneurs lost control. No one can tell us when the next disaster will occur or whether it will happen in our lifetime. However, there is 100% certainty every business is confronted with some transition, also known as "Succession," whether through a sale, gift, or death. In the [...]

Bench Strength and Succession Planning

2021-04-05T09:32:05-05:00By |Agriculture, Automotive, Construction, Distribution & Logistics, Leading Your Business Through Transition, Manufacturing, Multi-Unit Franchising, Newsletter Archive, Professional Services, Succession Blog, Succession Matrix-10 Point Perspective|

The term bench strength may appear abstract and very indirectly placed in your business as most would consider the term (bench-strength) to define one person laying on a bench-press while on the brink of lifting a weighted bar. However, if we conceptualize the components of skills, capabilities, experience, and who contributes those components daily [...]

Selling or Transferring: Building and Protecting Business Value

2021-04-05T09:28:00-05:00By |Agriculture, Automotive, Construction, Distribution & Logistics, Leading Your Business Through Transition, Manufacturing, Multi-Unit Franchising, Newsletter Archive, Professional Services, Succession Blog, Succession Matrix-10 Point Perspective|

Your business's value depends on the strength and quality of operations, culture, people, and reputation. These areas can be where they need to be to take your business into the future IF you commit to succession planning. Your business is more valuable to you than anyone if you can create an effective union of [...]

How Partners Balance The Great Family Business Oxymoron

2021-03-26T10:22:08-05:00By |Multi-Unit Franchising, Succession Blog|

Keeping results and relationships balanced among business partners and family members requires understanding that each member of the family walks around with several identities that shift from one priority environment to another. There are 6 main priority environments: Work,  Family, Social,  Financial Health, Physical Health, and Your Personal Operating System  Here are some of [...]

What is Changing In the Areas of Estate Tax?

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Planning Opportunities To Take Advantage of Now

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Leadership in Uncertain Times

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