Franchise Succession Planning Puts You in Control
The face paced and complex world of multi-unit franchising by nature is risky. You have to managing the diversity of franchiser expectations, rely on the strength of the brand and remain competitive in an environment where customers experience is critical to your success. Growing strategically and fulfilling the needs and wants of family/employees are also a few of the many issues franchisees juggle to develop a sustainable business. This is why an experienced franchise succession planning team is vital to your business transition.
As experts in the complex, we advise multi-unit franchisee owners on the 10 interdependent Succession Matrix® perspectives, to position your business for growth, to sell to a third party, or transition to the next generation. We leverage our more than 40 years working with franchise owners to provide clarity and a strong path forward.
Whether you are looking to grow your business and/or looking towards business transition, our meticulous attention to the probable, possible, potential details allow you to prepare and avoid any looming franchise succession planning issues impacting your goals.
What happens when you decide to take the next step towards the future you imagine…now? Business ownership by nature is risky; succession planning however creates strategies and structure to put you in control.
Resources
Art of Agreements: Relationships, Collaboration & Getting Things Done
Meeting new people and building relationships requires some sort of next step. Whether that be a follow-up phone call, checking in on a friend, setting a meeting, or advocating for yourself. As we navigate life we are entering into simple agreements such as RSVPing for a friend's party AND showing [...]
Growing the Business Wealth & Health You Desire
As an entrepreneur, freedom of choice and making money are likely a few of the reasons you decided to get into business. Planning for your financial future - separate from the business - is essential to your business health and the financial wealth you desire. Have you built strategies to ensure you have the [...]
Transitions: Power of Letting Go Thru Change
A new chapter means one is over. A time of celebration for what is to come and mourning for what is being left behind. To grow, create experiences and live day by day involves change. Whether you are someone who seeks it out or works hard to avoid it, change [...]
Business Growth, Transition and Success
Successful business owners know succession planning is about building strategies for today to create choice and take advantage of opportunities as they arise. Owners & leaders who have invested in succession planning already have options, know what they want, and are already implementing their growth strategies. Growth is an example of transition because you [...]
Your Growth Roadmap
Buy-Sell activity across a diversity of industries is high, providing opportunities to owners who want to grow. Why is this so exciting for succession planners? Well, business growth is one of the core foundations for succession. Success is the heart of succession, and growth is generally needed to succeed through multiple generations. If a [...]
Succession Podcast: Where Are All of the Leaders
Jeff Bannon a Partner of The Rawls Group and Aicha Bascaro, President of American Franchise Academy discuss leadership – keys for developing people, attracting top talent, and creating opportunities within your franchise organization for growth. Many franchisees dream of going from owning one unit to becoming multi-unit business owners and building [...]
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The Succession Planning Matrix
The Succession Planning Matrix
Many people put off succession planning because they think it means retirement, exit, and the end. However; succession planning is just the beginning. It gives the owner options in terms of what “their next” looks like, whether that be growth, philanthropy, or a new business venture. Our process focuses are addressing 10 key areas of what we call the Succession Matrix.
Click the following link for more drill-down resources on The Succession Matrix, or check out our Facebook post.
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Contact Us
Contact Us
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.
