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.

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In Transition: Changes Require Meticulous Planning and Execution

Kendall Rawls

July 25th, 2025

ChoiceLocal

At ChoiceLocal our mission is to help others. We help franchise systems drive growth. Whether you need to acquire new franchisees, increase consumer sales, or attract talent, we implement digital strategies to exceed your goals.

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Building a Franchise Business and Bonds Across Multiple Generations

How Franchises Can Turn Resale into Revenue

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Worried About Your Succession Plan? So Are Your Franchisors

Why It Is In Everyone's Best Interest To Develop A Plan For The Continuity Of Profitability At Your Franchise Organization.

Jeff Bannon
5,218 Reads 30 Shares

The End of the Year is the Time to Plan for the Future

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
3,924 Reads 13 Shares

Succession is Really the Beginning!

Effective succession planning can bring value to your business in the beginning as well as at the end.

Kendall Rawls
5,986 Reads 33 Shares

Identifying Rising Talent: 6 Key Indicators to Evaluate Future Leaders

Many business owners continue steadfastly as the only key leader in their company, failing to develop employees and managers who have leadership potential.

Kendall Rawls
17,128 Reads 27 Shares

Have You Performed Your Quarterly Checkup?

With the first quarter done, it's time to review your recruitment results

Art Coley
10,863 Reads 6 Shares

Creating a Plan That Will Help Achieve the Dream

Combining Your Dream with a Plan That That Will Help your Business Now and Going Forward.

Jeff Bannon
11,111 Reads 2 Shares

Franchisees and Franchisors Working Together

It's in the best interest of multi-unit franchisees and franchisors to work together to resolve any differences that emerge. Be a part of a session that addresses both sides of this issue at the Multi-Unit Franchising Conference in April.

Kerry Pipes
13,265 Reads 235 Shares

'What's Your Next' and Do You Have the Bench to Get There?

Why it's important to consider current trends and map out what your own future will look like, for the sake of your organization and your people.

Kendall Rawls
13,030 Reads 16 Shares

Reflections - Past, Future, Present

Start the New Year off by ensuring that you focus on all areas of the business including your leadership style and the example you are setting with your people.

Kendall Rawls
29,791 Reads 7 Shares

Three Relationships That Are Key to Success

Relationships With Franchisors, Customers, And The Community Are One Of The Most Important Aspects Of Success And Critical To Driving Long-Term Value.

Kendall Rawls
7,412 Reads 10 Shares

Moving From Planning To Executing

Change is inevitable and there are always unknowns and the unpredictable to navigate. This should not be a hindrance to developing and executing a strategic plan for your business.