Network Company President (Multi-Unit Restaurant) - Baltimore Metro Area
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 provide support through software, education, financial products, and leadership assistance. Teamshares is building a network of 10,000 employee-owned businesses, intending to create $10 billion in stock wealth for wage workers and support business owners' retirements. The company seeks an entrepreneurial business leader to serve as the President/CEO of a Baltimore, MD metro area restaurant company with 4 locations. The role involves increasing profitability and transitioning the business to employee ownership, with full P&L responsibility, business strategy, and operations oversight.
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
- Ability to communicate effectively, solve problems, and foster constructive collaboration with all employees
- Proven people leadership abilities through previous work experiences, with strong interpersonal and communication skills and a low-ego approach
- Possess an entrepreneurial spirit with a desire to build and innovate
- Proven project management and problem-solving skills, coupled with a humble, hands-on, get-it-done attitude
- Strong business acumen and analytical skills to oversee company financials and develop effective business strategies
- Embrace a growth mindset, with a willingness to explore new ideas, learn from mistakes, and innovate
- Demonstrate an open, agile mind, equally adept at thinking creatively and critically, with a flexible and generous spirit and a natural bias toward action
- 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 and be responsible for all business strategy, operations, and P&L management
- Lead an experienced team of existing employee owners
- Collaborate on financial decisions with the bookkeeper regarding ongoing expenses, capital purchases, optimizing efficiencies, and developing business metrics
- Lead efforts to grow the business through marketing, outreach, and the development of new product lines and accounts
- Handle HR responsibilities, including staff disputes, employee performance evaluations, job reviews, raises, and bonuses
- Analyze current business methods and practices, and promote opportunities for team development and growth
- Invest in the local community and build strong relationships with customers, vendors, and partners
- Collaborate with Teamshares and fellow shareholders during the transition to employee ownership, coaching and partnering to instill an owner’s mindset
- 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
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Education Level
No Education Listed
