Managing Change: Navigating Through Franchise Transition and Transformation
Jeff Noble, BDO Canada LLP
Gary Decatur, TOTAL Franchise Solutions
Franchise systems are undergoing transition and transformation at a more rapid pace than ever before. These changes may relate to franchisees, such as consolidating locations, or at the franchisor level, selling to an outside strategic or financial buyer. Although an organization may not be planning a transition, unforeseen issues may and often do arise, which forces transition earlier than expected.
With a panel of experts that includes individuals who have been involved in these transitions at a franchisor level, and consultants who specialize in coaching businesses through these types of transitions, you’ll learn a range of approaches to not only manage your franchise system through times of change, but to thrive during the process.
- When should you consider preparing your company for sale
- What are the key items that require review and consistent management
- How do you ensure the transition process is smooth and successful for the key stakeholders involved