Dive deep into the art of strategic business structuring in this enlightening video! Join industry experts Nate Riordan, founder of West Coast Franchise Law, and succession planning veterans Jeff Bannon and Greg Sisa from The Rawls Group as they unravel the complexities of franchise agreements, right of first refusal, and business structuring.
Understanding Right of First Refusal:
Delve into the nuances of the right of first refusal clause commonly found in franchise agreements. Explore real-life scenarios where this clause impacts both operations and real estate and learn expert strategies to strategically separate these entities for negotiation leverage.
Collaborative Long-Term Planning:
Explore the vital importance of aligning goals between franchisees and franchisors for sustained profitability. Discover how transparent discussions about the future can foster collaboration and understanding, laying the foundation for a prosperous long-term partnership.
Strategic Business Structuring:
Gain valuable insights into the art of structuring your business for maximum flexibility and value. Learn about diverse exit strategies, including selling operations or real estate separately, and understand how meticulous structuring can optimize your financial outcomes.
Empowering Difficult Conversations:
Understand the immense value of preparation in challenging discussions. Discover how a well-structured business, especially with the separation of operations and real estate, can provide you with leverage and control during negotiations and ownership transitions.
For more insight:
Visit the “Multi-Unit & Multi-Brand Franchise Ownership Strategies” discussion page or select one of the additional episodes of the series below:
- Strategies for Successful Multi-Brand Franchise Ownership
- Mastering Multi-Brand Franchise Success: Strategies & Succession Planning
- Navigating Franchisee Succession Challenges: Expert Insights & Strategies
- Lease Management: Expert Insights for Multi-Unit Franchisees
- Navigating Franchise Agreements: Expert Strategies for Ownership Transitions
- What Multi-Unit Franchisees Need to Know About Estate Planning
- From Control to Continuity: Expert Strategies for Franchise Owners
- Navigating Trust Approval in Multi-Brand Franchisee Succession
Resources
- West Coast Franchise Law: Serving multi-unit, quick-serve restaurant franchisees nationwide and their franchise, leasing, and business law needs. For more information on West Coast Franchise Law services, contact Nate Riordan.
- Succession Readiness Survey: A 7-minute investment in time will put you in an informed position of opportunities many business owners overlook, impacting business value, growth, and lifestyle and ultimately achieving your vision.
- Contact a Succession Planner: The Rawls Group can help you with insights and other resources and see if it makes sense to work together. At the very least, in 30 minutes, you may get some ideas to apply to your business immediately.
Business Structuring
Business structures and agreements have a direct impact on areas such as, but not limited to, taxation, ownership control, shareholder access to cash flow, and family governance. Agreements preclude disagreements. Click the following links for more drill-down resources on Business Structuring.
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We can help you with insights, other resources, and see if it makes sense to work together. At the very least, in 30 minutes, you may get some ideas you can apply to your business right away.