Teamshares is one of Americas largest buyers of small businesses from retiring owners and is on a mission to make employee ownership the future of small business. We buy promising companies from retiring owners gifting employees an immediate 10 ownership stake in the business and supporting their ongoing growth through proprietary software education financial products and bestinclass leadership support.
Were building a network of 10000 employeeowned small businesses creating $10 billion of stock wealth for wage workers and supporting generations of business owners into confident retirement. Together we will reduce global wealth inequality while ensuring vital small businessesand the communities they servecontinue to flourish.
We are looking for an entrepreneurial business leader who wants to serve as the Small Business President/CEO of one of our network companies in Minnesota with 8 locations in the retail industry.
As a Teamshares network company president youll be responsible for increasing profitability and successfully transitioning the business to employee ownership. Youll run and work IN the business including owning full P&L responsibility business strategy and operations. Additional information .
What You Will Do:
Serve as president of a small business in the retail industry with 8 locations
Determine/be responsible for all business strategy operations and P&L management
Lead an experienced team of existing employee owners
This includes:
Collaborating on Financial Decisions: Work closely with the finance lead 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 owners mindset that drives better business outcomes and fosters a positive company culture.
Leading Growth Initiatives: Act as a growth leader working with employeeowners to improve company operations and expand revenue opportunities.
What You Have:
A strong background in retail including demonstrated ability to manage highvolume multiunit locations significant experience in store operations labor management and staff coordination and seamless service delivery across all units.
Experience in merchandising and buying including best practices in product assortment and depth of knowledge in pricing/markdown strategy to optimize basket size and percustomer margin.
Proven capability to prioritize and delegate tasks based on urgency and impact ensuring critical issues are addressed efficiently while maintaining a focus on longterm 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 lowego approach.
Entrepreneurial Mindset: Possess an entrepreneurial spirit with a desire to build and innovate.
Project Management and ProblemSolving: Proven project management and problemsolving skills coupled with a humble handson getitdone 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.
As President of a Teamshares network company you will receive:
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
We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. As a Teamshares president youre not alone; youll be part of a dynamic community of fellow small business leaders with ongoing support from Teamshares Inc. beginning with our Leadership Accelerator program. Please dont hesitate to apply.
Teamshares is passionate about creating an inclusive workplace that celebrates differences and promotes inclusion. We actively seek to build a workforce representative of various cultures perspectives and areas of expertise. Our employeedriven Core Values serve as the foundation for an inclusive workplace environment where we empower everyone to bring their full authentic selves to work.
We encourage all qualified applicants from any race color religion sex gender identity sexual orientation national origin disability status protected veteran status or other characteristics to apply.
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