Succession Blog

Unmasking Entitlement: Protecting Your Dealership’s Success

2024-03-14T17:27:38-05:00By |Automotive, Succession Blog|

In the bustling world of the car business, success hinges on the quality of the customer's experience and the strength of the team behind the dealership. However, there exists a silent threat that can undermine even the most promising businesses: entitlement. Here, we'll explore how entitlement can creep into your dealership, how to identify [...]

Succession Secrets: How to Cultivate High-Performing Franchisee Leaders

2024-03-15T12:59:49-05:00By |Multi-Unit Franchising, Succession Blog|

Leaders often appear as fearless visionaries in the multi-unit franchise business, marching boldly toward the seemingly impossible. Robert Jarvik, the mastermind behind the first thriving artificial heart, famously remarked that leaders possess a rare trait: a poorly developed sense of fear. But what if I told you that the essence of leadership isn't about [...]

Competing with the Big Players: Professionalizing Family-Owned Auto Dealerships

2024-01-12T11:55:55-06:00By |Automotive, Succession Blog|

The Importance of Professionalism in Family-Owned Auto Dealerships In the current corporate landscape, family-owned enterprises are facing challenges as they vie for success against bigger conglomerates and nationally recognized brands. In the automotive industry, where consolidation is prevalent, family-owned dealerships are under significant strain to keep pace with their larger counterparts and stay relevant. [...]

On the Fast Track: Automotive Valuations and Succession Strategies

2024-03-18T16:04:21-05:00By |Automotive, Succession Blog|

In the fast-paced automotive industry, strategic succession planning plays a pivotal role in the long-term success of family-owned car dealerships. The following outlines five key aspects of valuations and provides practical tips for effective automotive succession planning. 1. Maximizing Business Value Through Succession Planning Family-owned car dealerships must prioritize succession planning to enhance business [...]

From Hub to Hero: 10 Strategies for Dominant Multi-Unit Franchise Leadership

2024-03-15T13:18:44-05:00By |Multi-Unit Franchising, Succession Blog|

In the dynamic world of multi-unit franchise ownership, effective leadership is the key to seamless business operations, even in the owner's absence. This is particularly crucial for those navigating growth and succession strategies. However, the conventional "hub and spoke" management approach, often seen in entrepreneurial-owned businesses and multi-unit franchises, can present challenges to smooth [...]

Sacrifice & Succession: A Navy SEAL’s Guide to Legacy Building

2024-03-21T10:41:44-05:00By |Commanding Success in Leadership & Legacy, Succession Blog, Video|

Family business sacrifice Did you know that the principles of legacy and sacrifice in the Navy SEALs have a surprising parallel in family business succession? In this insightful video, Greg Sisa, a former Navy SEAL turned Succession Advisor with The Rawls Group, delves into the depths of commitment and dedication [...]

Unmasking the Silent Threat: Defend Your Family Business from the Entitlement Virus!

2024-03-15T13:14:09-05:00By |Agriculture, Succession Blog|

In the intricate world of family business succession planning, a stealthy and dangerous virus could quietly sabotage your success: entitlement. This pervasive issue often lurks unnoticed, impacting your business in ways you might not even realize. Understanding Entitlement Let's demystify entitlement. It's when individuals believe they deserve special treatment, setting them [...]

Next-Gen Strategies for Family Business Success

2024-04-02T17:37:30-05:00By |Energy, Succession Blog|

Rising Stars: Crafting Your Path in Propane & Renewable Energy As the proud next-generation family member of a successful business owner, you've likely encountered the age-old struggle of finding your identity and creating your path amidst your parents' towering achievements. Consider the sentiment shared by the daughter of a propane business owner: "My father [...]

6 Tips For Unwrapping Conflict Resolution in Family Businesses

2023-12-14T10:13:26-06:00By |Multi-Unit Franchising, Succession Blog|

As winter's chill sets in and festive lights twinkle, the holiday season adds warmth and cheer to families worldwide. Yet, family-run multi-unit franchisee businesses also bring professional stress into personal relationships. Imagine a scene straight out of a Hallmark movie—a classic family gathering with laughter, the scent of holiday cooking, and nostalgic memories. But [...]

Uncover Proven Family Business Strategies for Long-Term Success

2024-03-15T14:12:45-05:00By |Energy, Succession Blog|

Acquisitions, Culture, & Cash Flow: Effective succession planning is a must in the ever-changing landscape of the propane, oil, and energy industries, especially for companies eyeing growth through acquisitions. Often linked to exits or retirements, succession planning goes beyond departure—it's the key to unlocking sustainable growth, seamlessly integrating acquisitions, maximizing ROI, and fostering prosperity. [...]

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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