Client Succession Planning Experiences
Join us as we unveil real-life case studies that demonstrate the profound impact of The Rawls Group’s expertise and proven succession process on the lives of our clients. Discover the success stories of:
- Joe Chastang: Chastang Ford (Automotive Succession Planning)
- Tracy Jones: Century Automotive (Automotive Succession Planning)
- Roland Spongberg: WKS Restaurants (Multi-Unit Franchise Succession Planning)
- Joe Jankowski: Armatus Dealer Uplift (Technology Succession Planning)
Be inspired by their stories of conquering challenges and celebrating triumphs while navigating the intricate landscape of family dynamics, employee and customer expectations, and ever-evolving competition.
Throughout this series, you will gain profound insights into the essential components of a successful family business succession plan. From fostering effective communication and adept conflict resolution to nurturing strategic leadership development and sound strategic planning, this video series underscores the significance of long-term planning and proactive decision-making when safeguarding the legacy of a family business. With thoughtful succession planning, families can bridge generational divides, nurture cohesion, and create a lasting impact that transcends the boundaries of their enterprises.
Whether you are a family business owner seeking inspiration and guidance for your succession journey or a professional advisor aiming to bolster your expertise in this specialized field, this video series is a treasure trove of invaluable insights. Learn how practical strategies have positively transformed the lives of families, employees, and communities associated with these family businesses.
Succession Planning Stories
Empowering Next-Gen Family Members, Both In and Out of the Business
Thirty-five years ago, Roland Spongberg started a restaurant company with one El Pollo Loco in Long Beach, CA. Today, WKS Restaurant Company employs 12,000 employees across 375 restaurants in 19 states operating Denny’s, El Pollo Loco, Krispy Kreme, and Wendy’s. From a pure family perspective, with six children, Roland initially [...]
Succession Planning in Family Business: First-Hand Experience
In this video, Joe Jankowski, a respected family business owner and the Managing Member of Armatus Dealer Uplift, the nation's premier Retail Warranty Reimbursement service provider, shares invaluable insights for business owners skeptical about investing in succession planning. Business Longevity & ROI: Learn from Joe about the significance of having [...]
Mastering Family Business Succession: Armatus Dealer Uplift Case Study
In this video, Joe Jankowski, the Managing Member of Armatus Dealer Uplift, provides his experience as a family business owner in strategic succession planning. In this enlightening video, Joe dispels common misconceptions surrounding succession planning and offers invaluable insights into the multifaceted nature of this critical business endeavor. Debunking Myths: [...]
Importance Of Establishing Family Governance Policies for Auto Dealership Succession
As Joe shares, it isn't fair to the business's employees for an owner to be lazy and not invest in the future success and sustainability of the company. Therefore, business succession planning isn't just about protecting profits and transfer of ownership; it is also about positioning the business for continued [...]
Harmonious Family-Business Integration through Succession Planning
Integrating family into the business is a tricky process. Commonly, owners are either too easy or too hard on their kids, and with no formal process, next-generation flounders. Insecurities and resentment grow in this environment, impacting professional development and family relationships. Succession planning provides formality and discipline for the family [...]
How Succession Planning Transforms Businesses into Profit Powerhouses
Developing strategies for growth are essential to succession, especially in Century Automotive Group’s case, where four kids are interested in the business within the third generation. As Tracy shares in our discussion, the succession process created a forum to determine: Strategic Plan for the next five years Organizational structure and [...]
