The Rawls Group — page 3

Purposeful personal financial planning involves building strategies for future financial health and wealth.

Successful multi-unit franchisees know succession planning is much more than estate and exit, it’s also about building strategies for today to create choice and take advantage of opportunities towards your vision.

Growth and acquisition are part of succession planning, with multi-unit franchisees looking to grow their businesses.

Franchise owners and operators discuss the importance of succession planning during the pandemic.

Worker shortage impacts businesses, including multi-unit franchising, with various factors contributing to the issue, including federal programs and lack of job seekers.

Whether directly or indirectly, a family has an impact on the business’ ability to be successful, profitable, and very importantly, scalable.

Multi-unit franchise owners gain valuable knowledge and insight from the pandemic and changing business environment.

The article discusses tax planning and gifting equity to children, but does not specifically relate to franchise systems, multi-location brands, or franchising as an industry.

The article compares the efficiency and productivity of a beehive to a multi-unit franchisee family business, highlighting the importance of setting clear roles and expectations.

Covid-19 impacted you, your business, your family, and your friends in some way.

When paying children as employees, it's essential to create a salary range for the positions to avoid overpayment and maintain a fair work environment.

Multi-unit franchisees can motivate family members to join the business by setting a positive example and treating employees and customers with respect.

The article discusses the role of CFOs in succession planning, highlighting their vested interest in the continuity of business success.

A family business expert shares advice on navigating the emotional landscape of a family business and finding motivation to pursue succession.

It all starts with a visual. Bench strength conveys an image for most of us that is something like that person at the gym.

Partners in a family business must balance results and relationships to achieve success.

Four key areas every business owner should take control of, including succession planning.

Family business owners plan for succession with next generation leaders.

Change relates to presidents and succession planning, with multi-unit franchisee owners being proactive and prepared for new changes that will impact their business and personal finances.

A leader must have presence to command the room and be effective.

Family businesses face unique challenges during the holidays, requiring effective interaction and communication to maintain harmony and trust.

Strategic planning is essential for business growth, and multi-unit franchisees often do a solid job in planning at the beginning of the business.

Examining how a private equity partnership can help a business grow, with a focus on multi-unit franchise owners who are risk-takers.

Franchise succession planning is emphasized during uncertain times, with experts discussing the new normal for businesses in a recent conversation.