(Part 7 of the Multi-Unit Franchising Conference)

In the last weeks, I’ve been sharing my learnings of the Multi-Unit Franchising Conference 2021. In this blog post, I’ll share some recommendations for successful succession planning.

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Being away from your business doesn’t necessarily mean that you are out of the picture forever. Perhaps you want to take a break and enjoy the fruits of your hard work and labor for years and years.

To approach this topic, a panel of multi-unit multi-brand franchisees shared their best practices. The panelists were:

• Fred Burgess, who operates franchises of Marriott Hotels, Papa John’s, and Twin Peaks.
• Jeffrey Tews, who owns units from Bright Care and Bright Star Senior Living.
• Eric Denver, franchisee of Hand & Stone Massage Spa.
• Paul Booth, franchisee from Ace Hardware and a recipient...