Multi-unit franchising is a popular business model that allows entrepreneurs to start a business with an established brand, products, and services. While franchising can offer many benefits, such as lower startup costs and support from the franchisor, success is not guaranteed. In fact, according to the International Franchise Association, about [...]
Success in the world of business requires not only careful planning for the present but also for the future. To this end, it is essential to engage in both estate planning and succession planning. In a recent video conversation, Jeff Bannon, a Succession Planner at The Rawls Group, and Aicha [...]
Franchising is a popular business model that offers entrepreneurs the opportunity to own and operate their own business under an established brand name. While it can be a lucrative and rewarding experience, franchising comes with its own set of unique challenges that must be addressed to achieve sustainable growth. In [...]
In today's volatile and ever-changing business landscape, resilience is essential to the success of any organization. Jeff Bannon, Succession Planner at The Rawls Group, and Aicha Bascaro, President of the American Franchise Association, recently had a video conversation that emphasized the importance of building resilience in your business through key [...]
In today's competitive business world, attracting and retaining top talent is essential for companies to stay ahead of the curve. While competitive salaries and benefits are important, they are not the only factors that contribute to employee satisfaction and loyalty. In this article, we'll explore some key strategies that companies [...]
Franchising can be an excellent way for entrepreneurs to start their own business while enjoying the benefits of an established brand. However, as with any business venture, there are pros and cons to consider before making a decision. In a recent video conversation with Jeff Bannon, Succession Planner with The [...]
As a multi-unit franchisee, you've invested a significant amount of time and money into your business, and naturally, you want to maintain control over it. However, as an entrepreneur or business owner, you must consider the future of your company and determine if you want to sell it, keep it, [...]
Inflation is a reality that businesses must deal with, and franchise businesses are no exception. The impact of inflation on franchise businesses can be significant, affecting the profitability and sustainability of franchise units. This article will explore the rising costs of goods, equipment, and services, and the recommendations for franchise [...]
The Rawls Group, one of the nation’s most respected business succession planning firms, is proud to welcome Greg Sisa as our newest associate. From nearly a decade of service as a US Navy SEAL and as a co-founder of an entrepreneurship accelerator for the US and Israel Navy SEALs, Greg has extensive experience in [...]
