Succession Planning - Franchising.com

Succession Planning

Are you prepared for the next stage in the evolution of your franchise business? Exit strategies and retirement planning can include building a legacy organization to pass on to your children; taking on a partner and phasing out of the business; selling to the highest bidder and walking away; or selling to managers or a buyer most likely to retain the culture and team you’ve so painstakingly built over the years.

RECENT HEADLINES

ActiveCampaign
Create, distribute, and send personalized email marketing and SMS campaigns across multiple customer bases all at once.
Request Info
Potbelly Sandwich Works
SPONSORED CONTENT
Potbelly Sandwich Works
SPONSORED CONTENT
Potbelly Sandwich Works
SPONSORED CONTENT
The third generation of this family auto repair business prepares to take the reins
  • Kerry Pipes
  • 6,418 Reads 14 Shares
Looking At What's Involved In Making A Private Equity Partnership Successful.
  • Jeff Bannon
  • 5,149 Reads 12 Shares
Will you be prepared for the questions and concerns about the future and how it will affect your business?
  • Kendall Rawls
  • 9,596 Reads 22 Shares
There Is A Positive Side To A Pandemic That Can Offer Lessons In How To Plan, Prepare, And Progress Into The Future.
  • Kendall Rawls
  • 4,552 Reads 21 Shares
You need a minimum of 5 years to prepare a successor to take over the business.
  • Kendall Rawls
  • 4,639 Reads 20 Shares
When hiring your children into the family business, beware of how it might adversely affecting your partners
  • Jeff Bannon
  • 3,306 Reads 1 Shares
Creating A Lasting Business Structure With The Flexibility To Evolve Requires A Discussion Of "What Ifs" Specific To Your Business.
  • Jeff Bannon
  • 5,120 Reads 4 Shares
The 5 Key Areas Of The Business Structure Checklist That Are Essential For Multi-Unit Operators.
  • Dan Iosue
  • 5,678 Reads 21 Shares
When Tony Lutfi decided to pass his more than 200 units to his sons and nephew, it was more complicated than he expected.
  • Eddy Goldberg
  • 7,997 Reads 47 Shares
The Beginning Of The New Year Is A Great Time To Take A Step Back And Look At How You Can Protect Your Family And Your Business With Succession Planning.
  • Kendall Rawls
  • 5,376 Reads 9 Shares
Succession Planning Requires Synergy With The Management Team, Resources For Growth, And Confidence In Successors.
  • Kendall Rawls
  • 7,276 Reads 70 Shares
Subway
SPONSORED CONTENT
Subway
SPONSORED CONTENT
Subway
SPONSORED CONTENT
Successful Multi-Unit Franchisees Say The Leadership Mindset Can Be Easier When Leaders Cultivate Complementary Skill Sets.
  • Multi-Unit Franchisee
  • 4,210 Reads 3 Shares
Why Multi-Unit Franchisees Sometimes Need To Step Back And Pause For Perspective When Leading And Growing Their Company.
  • Multi-Unit Franchisee
  • 3,837 Reads 3 Shares
Succession planning tips and advice from those who've already done it.
  • Sara Wykes
  • 6,730 Reads 39 Shares
Exposing misconceptions about succession planning and the elements of estate and exit planning.
  • Kendall Rawls
  • 5,815 Reads 32 Shares
How Multi-Unit Franchisees Transition From Multi-Unit Managers To Multi-Unit Leaders.
  • Multi-Unit Franchisee
  • 5,268 Reads 49 Shares
There's Much More To Succession Planning Than Simply Addressing Your Estate And Exit Plans. There Are Numerous Other Issues That Impact The Current And Future Success Of Your Business.
  • Kendall Rawls
  • 4,959 Reads 12 Shares
How Multi-Unit Franchisees Can Face Unexpected Economic Distress, Maintain Control, And Use Options For Financial Renewal And Restoration.
  • Walter Popiel and Matthew Mason
  • 5,496 Reads 53 Shares
No One Wants To Consider What The End Looks Like. But It’s Important For Your People And Your Business To Ensure You Have The Proper Protections In Place.
  • Kendall Rawls
  • 4,143 Reads 28 Shares
A succession planning criteria that goes well beyond operational efficiency.
  • David Weaver
  • 4,605 Reads 23 Shares
Employee Stock Ownership Plans (ESOPs) Are An Advantageous Succession-Planning Tool That Can Provide Benefits Over Traditional Techniques.
  • Multi-Unit Franchisee
  • 5,084 Reads 25 Shares
Jersey Mike's Subs
SPONSORED CONTENT
Jersey Mike's Subs
SPONSORED CONTENT
Jersey Mike's Subs
SPONSORED CONTENT
Now is the time to plan for, protect, and and empower your business for growth.
  • Kendall Rawls
  • 11,863 Reads 48 Shares
Multi-Unit Franchisees Talk About How They Measure Growth and Where They See Their Business in 5 to 10 Years.
  • Multi-Unit Franchisee
  • 5,221 Reads 87 Shares
Three Ways To Escape Succession Planning Limbo.
  • Jeff Bannon, The Rawls Group
  • 6,722 Reads 60 Shares
Structuring Your Franchise Company So That You Are Ready To Sell Or Grow.
  • Kendall Rawls
  • 5,076 Reads 31 Shares
New franchisor? 18 tips to get your franchise growing.
  • Don Daszkowski
  • 7,299 Reads 72 Shares
6 traits strong franchise brands have in common.
  • Eddy Goldberg
  • 4,053 Reads 27 Shares
Why It Is In Everyone's Best Interest To Develop A Plan For The Continuity Of Profitability At Your Franchise Organization.
  • Jeff Bannon
  • 5,119 Reads 30 Shares
The end of the year is the time to get your mission, vision, and values identified and documented and get ready to move into the future.
  • Kendall Rawls
  • 3,854 Reads 13 Shares
Effective succession planning can bring value to your business in the beginning as well as at the end.
  • Kendall Rawls
  • 5,890 Reads 33 Shares
Share This Page

Subscribe to our Newsletters