Political and social pressures continue to impact propane and oil business owners. In this episode, Champ Rawls, a succession planner with The Rawls Group, Marty Kirshner, Partner with Gray, Gray & Gray, Doug Woosnam, a Consultant with Cetane Associates, and The Rawls Group’s succession planner Clayton Latiolais discuss how to get your employees and community involved so your business can thrive into the future.
As Marty Kirshner shares, to thrive in the future, it is essential first to ensure an industry still exists in the future. Currently, too many people rely on a small subset of businesses/associations to do the dirty work and fight the battle. The industry needs to band together to create lasting change.
Doug Woosnam continues to say that every owner needs to participate in the political process. The political environment today can destroy your business. If the government decides you will no longer be able to sell and install heating equipment powered by propane, gas, or heating oil, the best business plan doesn’t matter. Every owner needs to reach out to their local and federal elected officials. Deliver a message to them about who you are, what you do, and why propane and oil are critical to the future.
Your people and community are also impacted by the political environment affecting propane and oil. Clayton Latiolais recommends communicating and involving your employees by informing them about the political pressures. Hold regular meetings to educate your team about what is happening and how they can influence policy. Then, if everyone is working together, positive change can happen.
Getting involved may require an owner to get out of their comfort zone, but as Champ Rawls shares, it could mean the difference between a private business owner operating in 10 years. Whether you like it or not, it is essential to understand the politics and social-economic pressures impacting the business. Competing and thriving in the future requires flexibility and creativity.