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 [...]
Succession planning shows your employees you care and are committed to being around for the long haul. In addition, the business provides for many families, so engaging in long-term planning and communicating strategic plans is a talent recruitment and retention tool. Employees have certainty about their income's future and a [...]
It has been some strange times. Over the last couple of years, COVID, inventory shortages, elections, and more have all impacted business owners' ability to do business as usual. No one could have predicted such turmoil could turn into historic profitability in automotive retail. Nevertheless, it has been a fantastic [...]
Welcome to this insightful video, where we dive deep into how to discover your productive flow by tailoring "best practices" to your unique strengths and capabilities. In a world flooded with self-help time management literature, it's vital to recognize that what works wonders for one individual may not be the [...]
As a first-generation business owner, Joe Chastang has built a solid and successful diversified business in downtown Houston, TX. Initially, an employee of Volvo heavy truck, starting in 1991, Joe purchased a Volvo franchise in '94 when Volvo decided to eliminate their corporate-owned stores. After nine years of ownership, and [...]
Growth in revenues, depth of bench strength, knowledge, expertise, locations, brands, and profits are all signs of life. If the organization is not growing in some way, competition will better you. As a leader, it is essential to understand succession strategies as it pertains to growth so you can reach your desired objective. Owners [...]
Are you a female leader or someone deeply interested in women in leadership? In this video, we dive headfirst into the critical realm of time management and its profound impact on both our personal and professional lives. Join us on this enlightening journey as we explore a treasure trove of [...]
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 [...]
Welcome to a thought-provoking video that delves deep into the daily struggles faced by female leaders. From minor inconveniences to significant setbacks, these experiences wield a profound influence over our mental and emotional well-being. The repercussions ripple through our communication and interactions, affecting our relationships with loved ones, friends, and [...]
Welcome to a thought-provoking and insightful video that explores the unique challenges faced by female leaders in our fast-paced world. We invite you to join us on a journey as we navigate the intricate balance between meeting the expectations of family, friends, and work, all while preserving precious moments for [...]
