Establishing the value in your business involves more than looking at money and profits. You need to be mindful of your competition. One tool we use when working with franchise owners is our Business Performance Checklist. In order to ensure you are focused on building value in your business and protecting that into the [...]
The Rawls Group is proud to welcome Jéan Venant as our newest associate. Prior to joining The Rawls Group, Jéan worked as a manufacturer representative to retail automobile dealers. During this time, Jéan developed extensive expertise in strategic planning and enhancing performance of business operations. “I am honored to be part of The Rawls [...]
In order to ensure you are moving your business in the right direction, with respect to your personal motivation and perspective, answer these five key questions: Do you feel a responsibility to take care of those who depend on your business? What impact do you want to have on your employees and your community? [...]
If you want to boost your business performance, separate yourself from the competition, and enrich your life in just about every way, how do you do it? Here are some steps that others have found useful in moving away from “good enough” to “exceptional experience.” Give people specific goals. Make your beliefs and values [...]
Franchise owners know what motivated them to get into business in the first place. But have you ever considered how your motivations or perspective on being in business have evolved over time? The motivation and perspective of the owner is a very important part of the value and growth puzzle of the business. New [...]
If you are in a position of leadership – lead. Your people are looking for someone to set the culture, drive a plan with purpose and lead them to the promise land. Are you being honest with yourself when you evaluate your people or making excuses because they are loyal or family? Take a [...]
The new year brings change, and with change comes uncertainties – often leading to fear, anxiety, and worry of the unknown. If there is one thing that is for sure, change is imminent. It is the one constant on which we can count. It can get so complex that dealers either don’t engage in [...]
All successful relationships are built on the foundation of strong communication – it is the glue that holds it all together. When communication starts to breakdown, or perhaps you are not sure if it already has, there are two key indicators: Avoiding Conflict Engaging in Conflict When family and business get to this point, [...]
Culture in organizations matters. There are only three resources in almost any business: people, time, and money. One of my partners at The Rawls Group likes to point out the difference between an average performing business and a world-class business most often comes down to the quality of your people and how they are [...]
When transferring ownership, three of the most important areas to think about are the franchise agreement, real estate and financials. Michael Einbinder, franchise lawyer and co-founder of franchise law firm Einbinder & Dunn LLP, and Loyd Rawls, Chairman of The Rawls Group, discuss what restaurant franchise owners should consider before transferring ownership of their franchise. This [...]
