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Retail Business Executive

2 months ago

Monterey, California, United States Teamshares Full time

About Teamshares:

Teamshares stands as one of the leading acquirers of small enterprises from retiring proprietors in the United States, committed to establishing employee ownership as the cornerstone of small business. We acquire promising firms from retiring owners, providing employees with an immediate 10% stake in the business and facilitating their growth through innovative software, educational resources, financial products, and exceptional leadership support.

Our vision is to cultivate a network of 10,000 employee-owned small businesses, generating $10 billion in stock wealth for wage earners and empowering generations of business owners to retire with confidence. Together, we aim to mitigate global wealth inequality while ensuring that essential small businesses—and the communities they support—thrive.

We are in search of a dynamic business leader to assume the role of Small Business President/CEO for one of our network companies in the retail sector.

Key Responsibilities:

  • Act as the president of a small retail business.
  • Oversee all aspects of business strategy, operations, and P&L management.
  • Lead a skilled team of existing employee owners.

This role involves:

  • Developing and guiding a team to enhance business growth through marketing, outreach, and the introduction of new product lines and accounts.
  • Managing cash flow and financial obligations, collaborating with the bookkeeper to make informed decisions regarding ongoing expenses and capital investments, optimizing efficiencies, and establishing business metrics.
  • Addressing HR-related matters, including staff disputes, employee performance evaluations, promotions, and bonuses.
  • Evaluating business practices and methods, while fostering team development and growth opportunities.
  • Building and maintaining relationships with customers, vendors, and partners.
  • Collaborating with Teamshares and fellow shareholders throughout the transition to employee ownership, coaching them to understand how adopting an owner's mindset can enhance business outcomes and company culture.
  • Being a proactive leader who enjoys working with employee owners to refine company operations and explore revenue expansion opportunities.

Qualifications:

  • Demonstrated expertise in growth and strategic planning, with a proactive approach to building external business partnerships and driving revenue growth.
  • Experience in monitoring financial performance against targets and making necessary adjustments to meet organizational goals.
  • Strong communication skills, problem-solving abilities, and a commitment to fostering collaboration among all employees.
  • Proven leadership skills through previous work experiences; excellent interpersonal and communication abilities with a humble approach.
  • An entrepreneurial mindset and a passion for building and developing businesses.
  • Strong project management and problem-solving capabilities, with a hands-on, results-oriented attitude.
  • Business acumen and analytical skills to manage company finances and develop strategic initiatives.
  • A growth-oriented mindset with a willingness to embrace new ideas and learn from experiences.
  • An open and adaptable mindset, capable of both creative and critical thinking, with a natural inclination towards action.
  • Ability to collaborate with stakeholders to establish a clear vision, define measurable KPIs, and create strategies to achieve financial objectives.
  • Hands-on experience in the retail sector is preferred; a background in marketing and sales is also advantageous.

As a President of a Teamshares network company, you will benefit from:

  • An equity stake in both the network company and Teamshares.
  • A competitive salary and comprehensive benefits package.
  • Continuous business and leadership development training throughout your tenure.
  • Access to quality medical, dental, and vision benefits.
  • Paid parental leave.

As a Teamshares president, you will not be alone; you will be part of a vibrant community of fellow small business leaders, receiving ongoing support from Teamshares Inc., starting with our Leadership Accelerator program.

For more information, please visit our website.