Successor Preparation

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 [...]

Automotive News – We’re built for this – How a California Dealership Group Keeps Business in the Family

2020-09-21T10:25:09-05:00By |Case Histories, Video|

“We are built for this” highlights the story of how two people with vastly different personalities and business beliefs found common ground to grow and successfully transition the business from gen 1 to gen 2. Our very own succession planners Hugh Roberts and Jeff Bannon, along with Howard and Susan Drake of the Casa [...]

As Seen in Digital Dealer – Evolution Revolution: A Word to Successors

2019-12-23T10:47:25-06:00By |Succession Blog|

It’s easy for Nextgen leaders to get involved and make swift changes. The path to change can appear so clear, but many potholes are lurking in the shadows.  Loyd Rawls and Dr. Merlot (Loyd’s alter ego) share a real life story about a Next Gen leader dealing with the balance of evolution versus revolution in [...]

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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