Network Company President (Multi-Unit Restaurant) - Baltimore Metro Area

Teamshares • Baltimore, MD

4d • Onsite

About The Position

Teamshares is seeking an entrepreneurial business leader to serve as the Small Business President/CEO of one of their network companies in the Baltimore, MD metro area. This role is within the restaurant industry and involves managing 4 locations. The president will be responsible for increasing profitability and successfully transitioning the business to employee ownership. This includes owning full P&L responsibility, business strategy, and operations, while also running and working within the business. Teamshares is a large buyer of small businesses from retiring owners, aiming to make employee ownership the future of small business by gifting employees an immediate 10% ownership stake and providing support through proprietary software, education, financial products, and leadership support. Their mission is to build a network of 10,000 employee-owned small businesses, creating significant stock wealth for wage workers and supporting business owners into retirement, ultimately aiming to reduce global wealth inequality.

Requirements

• A strong background in restaurant operations, with a demonstrated ability to manage high-volume, multi-unit 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.

Benefits

• Equity stake both in the network company and in Teamshares
• Competitive salary and benefits
• Ongoing business and leadership development training throughout your tenure
• Access to quality medical/dental/vision benefit plans
• Paid parental leave

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed