Network Company President - Rochester, MN at Teamshares

Rochester, Minnesota, United States

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Not SpecifiedCompensation

Expert & Leadership (9+ years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Restaurant, Food & Beverage, Butcher ShopIndustries

Requirements

Strong background in restaurant/food & beverage industry operations, with demonstrated ability to manage a high-volume location, ensuring operational excellence, staff coordination, and seamless service delivery
Proven capability to prioritize and delegate tasks based on urgency and impact, ensuring critical issues are addressed efficiently while maintaining focus on long-term operational goals
Ability to drive business growth through marketing, outreach, networking, and relationship building, including wholesale lines
Clear communication and collaboration skills to communicate effectively, solve problems, and foster constructive collaboration with all employees
Demonstrated leadership skills through previous work experiences, with strong interpersonal and communication skills and a low-ego approach
Entrepreneurial mindset 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

Responsibilities

Serve as president of a small business in the butcher shop/food & beverage industry
Determine and be responsible for all business strategy, operations, and P&L management
Lead an experienced team of existing employee owners
Drive business growth through marketing, community outreach, expansion of product offerings, and new customer acquisition
Lead growth initiatives to improve operations, boost profitability, and pursue long-term sustainability
Collaborate on financial decisions with the internal bookkeeper and shop leads to manage ongoing expenses, capital investments, optimize efficiencies, and develop business metrics
Manage HR and personnel matters, including team development, employee performance, job reviews, raises, bonuses, and fostering a high-trust culture
Analyze business practices to identify opportunities for systemization, team development, and long-term scalability
Invest in local communities and build strong relationships with customers, vendors, and partners
Partner with Teamshares and employee-owners during the transition to employee ownership, instilling an owner’s mindset and coaching for shared success

Skills

P&L Management

Business Strategy

Operations Management

Marketing

Community Outreach

Customer Acquisition

Team Leadership

Financial Management

Growth Initiatives

Teamshares

Facilitates employee ownership of small businesses

About Teamshares

Teamshares facilitates employee ownership of small businesses, focusing on those whose owners are nearing retirement. The company purchases these businesses and gradually transfers ownership to the employees, starting with 10% of the stock and increasing to 80% over 20 years. This approach helps maintain business continuity and prevents job losses that can occur when a business is sold to an outside buyer. Teamshares generates revenue from the profits of the businesses it acquires and also offers proprietary software, education, and financial products. By promoting employee ownership, Teamshares not only supports the financial stability of employees but also strengthens the local economy by preserving small businesses. The company differentiates itself by recruiting mission-driven leaders for the acquired businesses and providing them with extensive training.

New York City, New YorkHeadquarters

2019Year Founded

$214.3MTotal Funding

DEBTCompany Stage

Fintech, Social ImpactIndustries

51-200Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Company Match

401(k) Retirement Plan

Profit Sharing

Paid Parental Leave

Risks

Expansion into Japan may expose Teamshares to unfamiliar regulatory environments.

Increased competition from platforms like SKROL could challenge Teamshares' market position.

Reliance on debt financing could increase financial risk if businesses underperform.

Differentiation

Teamshares is a market leader in small business employee ownership with 84 acquisitions.

The company uniquely transitions 80% ownership to employees over 20 years.

Teamshares provides proprietary software, education, and financial products to acquired businesses.

Upsides

Teamshares plans to expand into Japan, supported by major financial institutions.

The 'small business silver tsunami' offers significant acquisition opportunities for Teamshares.

Increased interest in employee ownership models supports Teamshares' mission and growth.

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