The Rawls Group

Preparing a multi-unit business for sale requires integrating succession planning into the strategic playbook to maintain resilience and adaptability.

An article discussing the differences between leadership and management, citing a 1977 Harvard Business Review article.

A hub and spoke management approach can impede a business's ability to function smoothly in the absence of the owner.

A family-run multi-unit franchisee business can face complex patterns of professional stress during the holiday season.

Sibling partnerships in business can be challenging due to childhood roles and labels, but overcoming these challenges can lead to success.

Article discusses the importance of effective communication in resolving conflicts within family multi-unit businesses.

The Multi-Unit Franchising Conference attracts over 2,200 attendees, including more than 800 franchisees representing 250 brands.

A multi-unit franchisee discusses the importance of balancing intrinsic and extrinsic motivation for team members.

Franchise owners face challenges in managing reputation due to limited control over corporate decisions, impacting brand recognition and customer perception.

Multi-unit franchisees can operate with the mindset of always preparing for sale, refining processes and procedures to make them efficient and repeatable.

Multi-unit franchisees must adapt to changing market dynamics and incorporate strategic succession planning to ensure long-term stability amid inflation.

Franchisees face numerous challenges and uncertainties in their journeys as business owners, and it is crucial for them to proactively strategize and prepare for the future.

Flexibility is a critical strategy for talent attraction and retention in businesses.

Multi-unit franchisees must adapt to changing markets and consumer demands, building resilience through practical steps and understanding unit economics.

Multi-unit franchising requires strategic thinking, strong business acumen, and a trusted team of advisors to overcome growth challenges.

A business owner discussed the importance of estate planning and succession planning for multi-unit franchise businesses.

Multi-unit franchising offers advantages such as lower startup costs and assistance from the franchisor, but success is not certain and requires careful planning.

Effective communication is essential in family relationships, especially during crises, and involves expressing oneself and listening.

An article discusses the importance of having a collaborative team of advisors when starting a franchising business.

The multi-unit franchising industry has been steadily growing over the past few years, and for a good reason.

A company culture is developed by defining and communicating a mission, vision, and core values, and integrating them into organizational policies and procedures.

Businesses should plan for potential problems and have backup solutions in place, focusing on best-case scenarios and strategic planning.

Conflict can arise in various aspects of life, including business and family relationships, and can be avoided through effective communication and conflict resolution strategies.

Establishing a Successor Development Program can help multi-unit franchise families select the best leader and manage potential successor competition.