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 Palm Springs, CA metro area within the restaurant industry, overseeing two local locations. The role involves increasing profitability, successfully transitioning the business to employee ownership, and managing P&L, business strategy, and operations. Teamshares is a major buyer of small businesses from retiring owners, aiming to make employee ownership the future of small business by gifting employees an ownership stake and providing support through software, education, and leadership. As a Teamshares network company president, you will be responsible for the overall success of the business, including its financial performance, strategic direction, and operational execution. You will lead an existing team of employee owners, foster a positive company culture, and drive growth initiatives. Collaboration with Teamshares and fellow shareholders is key during the transition to employee ownership, focusing on instilling an owner's mindset to achieve better business outcomes.

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 and 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
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