When it comes to succession planning, myths often get in the way of action. These common misconceptions about succession planning cause owners to delay or avoid preparing for the future, leaving their businesses and families vulnerable. The truth is: succession planning is not just about retirement or documents. It’s [...]
Not every owner wants to sell, and not every business should be sold. For many closely held and family companies, the goal is exit planning without a buyer: step back from daily leadership while keeping ownership, culture, and performance intact. Quick Summary Exit planning without a buyer replaces [...]
Strong financial performance does not always translate to strong business value. There are risks to multi-unit franchise business value that are not visible in revenue or EBITDA, especially as the business grows and becomes more complex. Quick Summary The risks to multi-unit franchise business value extend beyond profitability [...]
Choosing an advisor should bring clarity, not confusion. But for many owners, past experiences or assumptions create hesitation. That’s what family business owners get wrong about advisors: the belief that they only sell products, or that existing professionals cover all the bases. These misconceptions often lead to missed opportunities, [...]
Succession planning for multi-unit franchisees is the process of aligning leadership, ownership, operations, and brand requirements so the business can continue to perform without depending on one individual. In a growing franchise group, this shows up as increasing complexity in how decisions, leadership, and performance are managed day to day. Growth [...]
Join us as Joe Jankowski, the Managing Member of Armatus Dealer Uplift, shares his inspiring journey of founding Armatus Dealer Uplift. Joe's story began with his experiences as CFO and CEO of an automotive group, where he faced numerous challenges, including navigating the termination of GM and Chrysler franchises in [...]
In this informative video, Joe Jankowski, the Managing Member of Armatus Dealer Uplift, shares his journey into family business succession planning. Joe previously worked with a large auto group in Maryland before joining a century-old business without a clear successor. As a member of the leadership team, he took on [...]
In this enlightening video, Joe Jankowski, Managing Member of Armatus Dealer Uplift, shares his journey and the profound impact a holistic approach to succession planning has had on his family business, relationships, and overall business trajectory. Key Insights: Discover the secrets behind Joe's success story as he delves into the [...]
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: [...]
Mastering Objectives and Strategy for a Thriving Future Approximately 20% of new businesses fail during the first two years of being open, according to data from the Bureau of Labor Statistics. Additionally, 45% fail during the first five years, and 65% fail during the first 10 years. However, only 25% of new businesses survive [...]
