Champ Rawls

Private equity firms can impact a franchise owner's purpose and future business vision, and operators should be aware of the potential outcomes.

Sibling partnerships in business can present unique challenges due to shared memories and history.

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.

Business owners should view the COVID-19 crisis as an opportunity to support their employees and customers, providing reassurance and calm during uncertain times.

When considering an external buy/sell, working toward an internal buy/sell can provide benefits such as economic prosperity and preserving company culture.

Businesses may seek alternative credit providers due to the current economic climate.

Franchisees today are building multifaceted complex organizations that are dependent on talent and are both emotionally and financially demanding, making talent development a key priority.

Private equity firms invest in franchise businesses for growth or exit