Dan Iosue

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

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

Business structures and agreements have a huge influence on taxation, ownership control, transfer on gifts and estates, and shareholder access to cash flow.

Franchise owners know what motivated them to get into business in the first place.

Top performers make up less than ten percent of employees in organizations.

Multi-unit franchisees are rethinking priorities to increase employee engagement, motivation, and retention, including using forward-looking employee feedback processes.

Succession planning advice for family-owned businesses, including appointing a successor CEO and managing family dynamics.

NextGen leaders commit to education and learning to build rapport with seasoned leaders.

There are only three resources in any business: People, Time, and Money.

A leader's ability to challenge people in their organization can push performance and break barriers, but also requires finding the balance of motivating versus throwing power around.

Business owners rarely explain why they do what they do when asked what they do for a living.

Multi-unit franchise businesses often face challenges in dealing with family dynamics, particularly when transitioning to the next generation.

The author discusses their experience with RV'ing and the need for checklists to ensure proper procedures and processes are in place.