Loyd Rawls

Family franchise mistakes can lead to financial loss and conflict.

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

Article provides general advice on bringing children into a family business.

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

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

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

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

Franchise leaders use the OODA Loop to lead in crisis.

Managing a franchise business with a spouse can create opportunities for conflict and put a strain on marriage.