Turn Your Organization into A Talent Magnet

2022-04-20T10:34:16-05:00By |Multi-Unit Franchising, Succession Blog|

Qualified, loyal, and motivated employees are hard to find, and once you do find them, you want to keep them around.  Therefore, having a pulse on the organization's culture is key to employee retention.  So often, there is a disconnect between leadership and the needs of the people. John Dijulius of The Dijulius Group shared [...]

It is Possible to Be Equitable

2022-04-08T13:58:58-05:00By |Multi-Unit Franchising, Success Stories, Succession Blog, Succession Palooza - Celebrating Succession, Video|

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 [...]

Strategies Evolve as the Business & Family Evolves

2022-04-08T14:00:25-05:00By |Multi-Unit Franchising, Success Stories, Succession Blog, Succession Palooza - Celebrating Succession, Video|

Roland Spongberg became interested in succession planning after a car dealer friend shared difficulties he was experiencing with his siblings. With no desire to cash out, and a father of six kids, with some working in the business and some not, Roland began thinking about the future and opportunities he [...]

You Can Get What You Want

2022-02-10T14:54:40-06:00By |Automotive, Success Stories, Succession Blog, Succession Palooza - Celebrating Succession, Video|

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 [...]

Roadmap to Family and Business Success

2022-02-10T14:52:47-06:00By |Automotive, Success Stories, Succession Blog, Succession Palooza - Celebrating Succession, Video|

A family business is such a wonderful opportunity.  However, many 2nd, and 3rd generation business owners screw it up.  And as Tracy shared, she and her husband did not want to be the generation to screw it up.  With the third generation entering the business, Tracy and her husband felt [...]

Thriving for Three Generations

2022-02-10T14:56:21-06:00By |Automotive, Success Stories, Succession Blog, Succession Palooza - Celebrating Succession, Video|

Century Automotive Group is thriving across three generations. Love and commitment to nurturing family relationships have been vital ingredients for their success. From Tracy’s integration into the business as the second generation, and now the third generation actively working in the business; they live by there is no business gain [...]

How Do I Manage Negative Emotions of Others When I am Supposed to Encourage and Lead?

2021-09-21T15:22:37-05:00By |Advisor Collaboration, Burning Questions, Energy, Video|

The most important thing to recognize when dealing with any negative emotions, whether it is your own or those of your team, is that we are all human. We all deal with the unknown in different ways, but for certain we all carry anxiety and stress. It is important as [...]

How Much Should You Pay Your Family as Employees?

2021-07-02T10:20:19-05:00By |Multi-Unit Franchising, Succession Blog|

When your family are employees, understanding how much to pay them is complex.  There are no secrets within a business. Believe it or not, your employees will find out if a family member is being overpaid and resent them (and you). Family in the business have formidable challenges just doing their job and earning [...]

How Do I Safeguard Business Continuity if I, as the Operator or Key Leader, Gets Sick?

2021-05-24T08:31:33-05:00By |Advisor Collaboration, Burning Questions, Multi-Unit Franchising, Video|

It should not take a pandemic to showcase the importance of planning. Prior to the pandemic, many business owners had not considered the creation of a contingency plan, however, it is top of mind for many now. One way to ensure you have protected the operational and financial continuity of [...]

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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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