Succession Planning
Are you prepared for the next stage in the evolution of your franchise business? Exit strategies and retirement planning can include building a legacy organization to pass on to your children; taking on a partner and phasing out of the business; selling to the highest bidder and walking away; or selling to managers or a buyer most likely to retain the culture and team you’ve so painstakingly built over the years.
RECENT HEADLINES
October 15th, 2025
      | Each year, IFA partners with the International Bar Association’s Franchising Committee to develop a program for some of the world’s leading practitioners and franchise legal counsel. 
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Restaurant franchisee shares advantages and lessons learned through operating a family business
    - Ed Newsome
- 1,833 Reads 5 Shares
Proper planning, valuation, and due diligence can help outgoing franchisees and bring qualified owners into the system
    - Pete Baldine
- 1,687 Reads 2 Shares
Stepping into a parent's shoes can be both an honor and a daunting challenge
    - Kendall Rawls
- 3,539 Reads 2 Shares
Every franchisee needs to develop a plan for a long-term exit strategy
    - Larry Layton
- 2,363 Reads 7 Shares
Succession planning requires practical steps to sustain and grow what you've built
    - Helen Bond
- 3,608 Reads 52 Shares
Make sure all new employees are qualified for their jobs
    - Kendall Rawls
- 2,336 Reads 6 Shares
Don't let the wrong hire create a family crisis for your business
    - Kendall Rawls
- 2,569 Reads 6 Shares
Stepping into a parent's shoes can be both an honor and a daunting challenge
    - Kendall Rawls
- 3,649 Reads 8 Shares
Succession planning holds the key to maintaining resilience, adaptability, and enduring value
    - Kendall Rawls
- 3,852 Reads 10 Shares
Sibling partnerships require a proactive commitment to both personal growth and business success.
    - Kendall Rawls
- 5,051 Reads 8 Shares
With effective communication, conflicts can become opportunities for growth.
    - Kendall Rawls
- 6,295 Reads 10 Shares
To preserve his business and help his family, Gary Avants hired a family succession consultant.
    - M. Scott Morris
- 4,525 Reads 5 Shares
How you can strike a balance between the mindset of preparing your business for sale and staying connected to your purpose.
    - Kendall Rawls
- 4,887 Reads 16 Shares
Guarantee financial safety, wealth, freedom, and a lasting legacy for your family through estate planning and succession planning
    - Kendall Rawls
- 5,782 Reads 18 Shares
Preparing a succession strategy can construct a strong base for your venture and lay the groundwork for long-term success.
    - Kendall Rawls
- 5,600 Reads 4 Shares
Looking to sell? Finding the right PE partner can help you to maximize your return
    - Carty Davis
- 4,926 Reads 38 Shares
An advisor team can provide valuable insights and expertise to help you make informed decisions and set your business up for success in the future.
    - Kendall Rawls
- 3,678 Reads 8 Shares
Succession planning is the secret sauce to building long-term sustainable businesses.
    - Kendall Rawls
- 4,589 Reads 16 Shares
Establish a Successor Development Program to help you pick the right successor leader for your company.
    - Loyd Rawls
- 5,042 Reads 2 Shares
It’s important to put together a plan for when and how you bring any of your children into the family business.
    - Loyd Rawls
- 4,805 Reads 18 Shares
Considering the possible, probable, and potential issues impacting your business when the economy changes.
    - Kendall Rawls
- 5,566 Reads 11 Shares
Chris Carpenter went looking for the perfect partner for his first franchise. He found his dad.
    - Chris Carpenter
- 9,265 Reads 29 Shares
How multi-unit franchisees can take steps to create more control over the future of their business
    - Kendall Rawls
- 6,981 Reads 8 Shares
Ongoing dialogue helps the next generation understand the complexities of the business, expectations as an employee, and the potential of becoming leaders.
    - Kendall Rawls
- 3,804 Reads 4 Shares
Transitioning your business to the next generation will take plenty of planning, preparation, training, and time
    - Emma Pearson
- 7,524 Reads 12 Shares
JJ Ramsey grew up working in the family’s Schlotzsky’s franchise business. Today he has 18 Schlotzsky’s of his own.
    - Kerry Pipes
- 10,570 Reads 519 Shares
Now is the time to decide if dealing with the family “petty crap” is worth pursuing a succession plan for your business.
    - Loyd Rawls
- 5,623 Reads 11 Shares
The perfect strategic plan combines the elements of research, strategic thinking, and execution.
    - Jeff Faulkner
- 7,460 Reads 7 Shares
Understanding the realities of keeping results and relationships balanced among business partners and family members.
    - Dan Schneider
- 5,962 Reads 13 Shares
Don’t leave your business up to fate, take control and put strategies in place to ensure the future you envision.
    - Jeff Bannon
- 6,352 Reads 21 Shares
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The   franchise opportunities listed above are not related to or endorsed by Franchising.com or Franchise Update Media Group. We are not engaged in, supporting, or endorsing any specific franchise, business opportunity, company or individual. No statement in this site is to be construed as a recommendation. We encourage prospective franchise buyers to perform extensive due diligence when considering a   franchise opportunity.