Network Company President (Multi-Unit Restaurant) - Palm Springs Area

Teamshares•Palm Springs, CA

1d•Onsite

About The Position

Teamshares is a major buyer of small businesses from retiring owners, aiming to make employee ownership the future of small business. They acquire promising companies, grant employees an immediate 10% ownership stake, and support their growth through proprietary software, education, financial products, and leadership support. Teamshares is building a network of 10,000 employee-owned businesses, creating significant stock wealth for workers and supporting business owners' retirements. They are seeking an entrepreneurial business leader to serve as the President/CEO of a restaurant industry network company with two locations in the Palm Springs, CA metro area. The role involves increasing profitability and transitioning the business to employee ownership, with full P&L responsibility, business strategy, and operations ownership.

Requirements

A strong background in restaurant operations, with a demonstrated ability to manage high-volume, multi-unit full-service locations, ensuring operational excellence, staff coordination, and seamless service delivery across all units.
Proven capability to prioritize and delegate tasks based on urgency and impact, ensuring critical issues are addressed efficiently while maintaining a focus on long-term operational goals.
Clear Communication and Collaboration: Ability to communicate effectively, solve problems, and foster constructive collaboration with all employees.
Demonstrated Leadership Skills: Proven people leadership abilities through previous work experiences, with strong interpersonal and communication skills and a low-ego approach.
Entrepreneurial Mindset: Possess an entrepreneurial spirit with a desire to build and innovate.
Project Management and Problem-Solving: Proven project management and problem-solving skills, coupled with a humble, hands-on, get-it-done attitude.
Business Acumen: Strong business acumen and analytical skills to oversee company financials and develop effective business strategies.
Growth Mindset: Embrace a growth mindset, with a willingness to explore new ideas, learn from mistakes, and innovate.
Agility and Flexibility: Demonstrate an open, agile mind, equally adept at thinking creatively and critically, with a flexible and generous spirit and a natural bias toward action.
Strategic Partnership: Ability to partner with stakeholders to establish a clear vision, define measurable KPIs, and develop strategies to achieve financial goals.

Responsibilities

Serve as president of a small business in the restaurant industry with multiple full-service locations
Determine/be responsible for all business strategy, operations, and P&L management
Lead an experienced team of existing employee owners
Collaborate on Financial Decisions: Work closely with the bookkeeper to make informed decisions about ongoing expenses and capital purchases, optimize efficiencies, and develop business metrics.
Driving Business Growth: Lead efforts to grow the business through marketing, outreach, and the development of new product lines and accounts.
Managing HR and Personnel Matters: Handle HR responsibilities, including staff disputes, employee performance evaluations, job reviews, raises, and bonuses.
Analyzing Business Practices: Analyze current business methods and practices, and promote opportunities for team development and growth.
Relationship management: invest in your local community, and build strong relationships with customers, vendors, and partners.
Transitioning to Employee Ownership: Collaborate with Teamshares and fellow shareholders during the transition to employee ownership, coaching and partnering to instill an owner’s mindset that drives better business outcomes and fosters a positive company culture.
Leading Growth Initiatives: Act as a growth leader, working with employee-owners to improve company operations and expand revenue opportunities.