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.

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Dine Brands Global, Inc.
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Dine Brands Global, Inc.
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Dine Brands Global, Inc.
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Change is a part of every presidential administration and should also be factored into succession planning.
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Avoiding 8 common mistakes owners make when selling their business.
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How to know when it’s time to sell the family business to someone else.
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Developing policies and procedures for working together keeps family harmony in the workplace and at family gatherings outside work.
  • Kendall Rawls
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The third generation of this family auto repair business prepares to take the reins
  • Kerry Pipes
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Looking At What's Involved In Making A Private Equity Partnership Successful.
  • Jeff Bannon
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Will you be prepared for the questions and concerns about the future and how it will affect your business?
  • Kendall Rawls
  • 9,878 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
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You need a minimum of 5 years to prepare a successor to take over the business.
  • Kendall Rawls
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When hiring your children into the family business, beware of how it might adversely affecting your partners
  • Jeff Bannon
  • 3,445 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
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Vocelli Pizza
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Vocelli Pizza
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Vocelli Pizza
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The 5 Key Areas Of The Business Structure Checklist That Are Essential For Multi-Unit Operators.
  • Dan Iosue
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When Tony Lutfi decided to pass his more than 200 units to his sons and nephew, it was more complicated than he expected.
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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.
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Succession Planning Requires Synergy With The Management Team, Resources For Growth, And Confidence In Successors.
  • Kendall Rawls
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Successful Multi-Unit Franchisees Say The Leadership Mindset Can Be Easier When Leaders Cultivate Complementary Skill Sets.
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Why Multi-Unit Franchisees Sometimes Need To Step Back And Pause For Perspective When Leading And Growing Their Company.
  • Multi-Unit Franchisee
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Succession planning tips and advice from those who've already done it.
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Exposing misconceptions about succession planning and the elements of estate and exit planning.
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How Multi-Unit Franchisees Transition From Multi-Unit Managers To Multi-Unit Leaders.
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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.
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Marco's Pizza®
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Marco's Pizza®
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Marco's Pizza®
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How Multi-Unit Franchisees Can Face Unexpected Economic Distress, Maintain Control, And Use Options For Financial Renewal And Restoration.
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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.
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A succession planning criteria that goes well beyond operational efficiency.
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Employee Stock Ownership Plans (ESOPs) Are An Advantageous Succession-Planning Tool That Can Provide Benefits Over Traditional Techniques.
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Now is the time to plan for, protect, and and empower your business for growth.
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Multi-Unit Franchisees Talk About How They Measure Growth and Where They See Their Business in 5 to 10 Years.
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Three Ways To Escape Succession Planning Limbo.
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Structuring Your Franchise Company So That You Are Ready To Sell Or Grow.
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New franchisor? 18 tips to get your franchise growing.
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