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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October 15th, 2025
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The IFA World Franchise Show is a new exhibition that offers a uniquely curated experience with exceptional value for franchise brands seeking qualified business owners, as well as for interested individuals exploring franchise ownership.
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Restaurant franchisee shares advantages and lessons learned through operating a family business
- Ed Newsome
- 1,794 Reads 5 Shares
Proper planning, valuation, and due diligence can help outgoing franchisees and bring qualified owners into the system
- Pete Baldine
- 1,640 Reads 2 Shares
Stepping into a parent's shoes can be both an honor and a daunting challenge
- Kendall Rawls
- 3,508 Reads 2 Shares
Every franchisee needs to develop a plan for a long-term exit strategy
- Larry Layton
- 2,339 Reads 7 Shares
Succession planning requires practical steps to sustain and grow what you've built
- Helen Bond
- 3,532 Reads 52 Shares
Make sure all new employees are qualified for their jobs
- Kendall Rawls
- 2,317 Reads 6 Shares
Don't let the wrong hire create a family crisis for your business
- Kendall Rawls
- 2,551 Reads 6 Shares
Stepping into a parent's shoes can be both an honor and a daunting challenge
- Kendall Rawls
- 3,623 Reads 8 Shares
Succession planning holds the key to maintaining resilience, adaptability, and enduring value
- Kendall Rawls
- 3,824 Reads 10 Shares
Sibling partnerships require a proactive commitment to both personal growth and business success.
- Kendall Rawls
- 5,014 Reads 8 Shares
With effective communication, conflicts can become opportunities for growth.
- Kendall Rawls
- 6,263 Reads 10 Shares
To preserve his business and help his family, Gary Avants hired a family succession consultant.
- M. Scott Morris
- 4,499 Reads 5 Shares
How you can strike a balance between the mindset of preparing your business for sale and staying connected to your purpose.
- Kendall Rawls
- 4,855 Reads 16 Shares
Guarantee financial safety, wealth, freedom, and a lasting legacy for your family through estate planning and succession planning
- Kendall Rawls
- 5,755 Reads 18 Shares
Preparing a succession strategy can construct a strong base for your venture and lay the groundwork for long-term success.
- Kendall Rawls
- 5,551 Reads 4 Shares
Looking to sell? Finding the right PE partner can help you to maximize your return
- Carty Davis
- 4,913 Reads 38 Shares
An advisor team can provide valuable insights and expertise to help you make informed decisions and set your business up for success in the future.
- Kendall Rawls
- 3,667 Reads 8 Shares
Succession planning is the secret sauce to building long-term sustainable businesses.
- Kendall Rawls
- 4,568 Reads 16 Shares
Establish a Successor Development Program to help you pick the right successor leader for your company.
- Loyd Rawls
- 5,027 Reads 2 Shares
It’s important to put together a plan for when and how you bring any of your children into the family business.
- Loyd Rawls
- 4,774 Reads 18 Shares
Considering the possible, probable, and potential issues impacting your business when the economy changes.
- Kendall Rawls
- 5,550 Reads 11 Shares
Chris Carpenter went looking for the perfect partner for his first franchise. He found his dad.
- Chris Carpenter
- 9,240 Reads 29 Shares
How multi-unit franchisees can take steps to create more control over the future of their business
- Kendall Rawls
- 6,948 Reads 8 Shares
Ongoing dialogue helps the next generation understand the complexities of the business, expectations as an employee, and the potential of becoming leaders.
- Kendall Rawls
- 3,789 Reads 4 Shares
Transitioning your business to the next generation will take plenty of planning, preparation, training, and time
- Emma Pearson
- 7,486 Reads 12 Shares
JJ Ramsey grew up working in the family’s Schlotzsky’s franchise business. Today he has 18 Schlotzsky’s of his own.
- Kerry Pipes
- 10,512 Reads 519 Shares
Now is the time to decide if dealing with the family “petty crap” is worth pursuing a succession plan for your business.
- Loyd Rawls
- 5,594 Reads 11 Shares
The perfect strategic plan combines the elements of research, strategic thinking, and execution.
- Jeff Faulkner
- 7,435 Reads 7 Shares
Understanding the realities of keeping results and relationships balanced among business partners and family members.
- Dan Schneider
- 5,932 Reads 13 Shares
Don’t leave your business up to fate, take control and put strategies in place to ensure the future you envision.
- Jeff Bannon
- 6,321 Reads 21 Shares
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