What if Family Doesn’t Want, or Have the Ability to Fill Your Shoes as Leader?

2021-04-23T15:20:27-05:00By |Succession Blog, Video|

Some sort of transition strategy, or a succession plan, is critical for every family business. What will the future look like, will it stay in the family, do we want to sell are 3 critical questions to consider. Listen in and learn from Jean Venant, a succession planner with The [...]

Preparing The Family Business For Its Next Move

2021-04-15T08:52:29-05:00By |Multi-Unit Franchising, Succession Blog|

Succession planning is vital for every family business owner. For many, the family business is a legacy vessel, and in other cases, the family business only lasts one generation and will need to be successfully sold when you exit. Regardless of which camp you are in, succession planning is critical. Who will take the [...]

It’s Tough Being Your Kid!

2021-01-18T09:57:21-06:00By |Succession Blog|

How do you mentor a child who is interested in joining your business, give them the greatest possibilities for succeeding, without making them feel and believe they need to be just like you? First, embrace that your child is different from you. So, if they feel they have to be like you to succeed, [...]

It Will Take At Least Five Years to Properly Groom Your Successor

2020-08-26T12:57:05-05:00By |Succession Blog|

We hear all the "reasons" why multi-unit franchisees do not want to start planning for their "what's next,” which often leaves owner’s way behind the eight ball as it relates to business growth and value.  Your multi-unit operation is more valuable and profitable over time. For your business to survive, it is critical to [...]

Video: Leadership in Times of Crisis – The OODA Cycle

2020-04-16T09:45:56-05:00By |Dr. Merlot, Leading Your Business Through Transition, Succession Blog|

In, "Leadership in Times of Crisis - the OODA Cylce," Loyd Rawls (Dr. Merlot) explains how and why you are a good leader; why you don’t need to worry; why you can project to those that are depending upon you: “We got this!! This is our time to shine!”  He also explains how you [...]

As Seen in Multi-Unit Franchisee Report – Franchise Business Partnerships – Evil King or Hand-Cuffed President?

2020-04-02T12:44:14-05:00By |Succession Blog|

The Evil King vs. the Hand-Cuffed President - who do you want to be? Our experience has demonstrated that the best way to position yourself and your successor is somewhere in the middle. Certainly, no one wants to run a business without the autonomy to make critical operational decisions. Creating a lasting business structure [...]

Episode 3 – How do you increase business value?

2020-07-16T19:54:11-05:00By |Advisor Collaboration, Business Value: How to Determine & Grow Value, Succession Podcast|

Business value depends upon many moving parts - earnings, profit, forecast growth and risk. An area many business owner overlook, is the dependence of the operation on their leadership. Selling or transitioning the business to the next generation requires leadership bench strength and the ability for the business to operate [...]

Case Study – Unified Vision for Business Growth

2020-01-03T14:57:42-06:00By |Case Histories|

Industry: Manufacturing: large-scale screen printing for tourist industry attractions. Company Overview: Dad and Mom founded the company over forty years ago out of a single store-front tee shirt printing business in rural Central Florida.  As a first-generation business, the family persevered through many boom and bust cycles within their industry.  Dad and Mom are [...]

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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