Network Company President (Retail Industry) - Providence, RI Area

Teamshares•Providence, RI

4d•Onsite

About The Position

Teamshares is a major buyer of small businesses from retiring owners, aiming to make employee ownership the future of small businesses. They acquire 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 small businesses, intending to create $10 billion in stock wealth for wage workers and ensure the continued flourishing of vital small businesses and their communities. The company is seeking an entrepreneurial business leader to serve as the President/CEO of a home furnishing/decor retail company in the Providence, RI metro area. The President will be responsible for increasing profitability, transitioning the business to employee ownership, and managing P&L, business strategy, and operations. They will report to a Teamshares Industry Lead who supports a portfolio of companies within the sector.

Requirements

A strong background in retail operations, with a demonstrated ability to manage high-end sales floors, ensuring operational excellence, staff coordination, and seamless customer service.
Demonstrated expertise in B2C marketing, sales management, and e-commerce.
Willing to personally drive change, solve problems at the ground level, and operate hands-on during a period of significant transition.
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 retail industry
Determine and be responsible for all business strategy, operations, and P&L management
Lead an experienced team of existing employee owners
Drive Revenue Growth: Lead efforts to grow the business through marketing, outreach, and the development of new product lines and accounts.
Execute Operational Business Objectives: Develop and execute repeatable business processes to achieve key business results. Document existing effective methods or develop new structures, establish and track key operational metrics and financial outcomes.
Collaborate on Financial Decisions: Work closely with Teamshares staff and company-level financial partners to manage ongoing expenses, capital purchases, and growth initiatives.
Lead Growth Initiatives: Act as a growth leader, working with employee-owners to improve company operations and expand revenue opportunities.
Manage HR and Personnel Matters: Handle HR responsibilities, including staff disputes, employee performance evaluations, job reviews, raises, and bonuses.
Relationship management: Invest in the 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.
Occasionally roll up your sleeves and work to get the job done.