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President of Network Restaurants

2 months ago


Montclair, New Jersey, United States Teamshares Full time

About Teamshares:

Teamshares stands as one of the foremost acquirers of small enterprises from retiring proprietors in the United States, dedicated to fostering employee ownership as the future model for small businesses. We strategically acquire promising ventures from retiring owners, providing employees with an immediate 10% stake in the company and facilitating their continued growth through innovative software, educational resources, financial solutions, and exceptional leadership support.

Our vision encompasses the establishment of a network comprising 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 disparity while ensuring that essential small businesses—and the communities they serve—thrive.

We seek an entrepreneurial business leader to assume the role of President/CEO for two of our network companies within the restaurant sector in New Jersey.

As a president of a Teamshares network company, your primary responsibilities will include enhancing profitability and effectively transitioning the business to employee ownership. You will engage actively in the business, taking full P&L responsibility, and overseeing business strategy and operations.

Key Responsibilities:
  • Serve as the president of two small enterprises in the restaurant sector.
  • Oversee all aspects of business strategy, operations, and P&L management.
  • Lead a skilled team of existing employee owners.
Your Role Will Involve:
  • Collaborating with the bookkeeper to make informed decisions regarding ongoing expenses and capital investments, enhancing efficiencies, and establishing business metrics.
  • Driving business growth through marketing initiatives, outreach efforts, and the development of new product lines and accounts.
  • Managing HR-related matters, including staff disputes, employee performance evaluations, compensation, and bonuses.
  • Evaluating business practices and promoting opportunities for team and growth.
  • Building relationships with customers, vendors, and partners.
  • Partnering with Teamshares and fellow shareholders throughout the transition to employee ownership, coaching them to embrace an owner's mindset that fosters improved business outcomes and company culture.
  • Acting as a growth leader who enjoys collaborating with employee owners to enhance company operations and expand revenue streams.
Qualifications:
  • A robust background in restaurant operations, demonstrating a successful track record in team management and operational processes.
  • Strong communication skills, problem-solving abilities, and a commitment to constructive collaboration with all employees.
  • Proven leadership experience through previous roles.
  • Excellent interpersonal and communication skills; low-ego approach.
  • An entrepreneurial mindset with a passion for building.
  • Demonstrated project management and problem-solving capabilities, with a proactive, hands-on attitude.
  • Business acumen and analytical skills to manage company financials and develop strategic initiatives.
  • A growth-oriented mindset, open to exploring new ideas and innovations, and willing to learn from mistakes.
  • A flexible, open-minded approach, adept at both creative and critical thinking, with a generous spirit and a natural inclination to take action.
  • Ability to collaborate with stakeholders to establish a clear vision, define measurable KPIs, and develop strategies to achieve financial objectives.
As a Teamshares network company president, you will enjoy:
  • An equity stake in both the network company and Teamshares.
  • A competitive salary and comprehensive benefits.
  • Continuous business and leadership development training throughout your tenure.
  • Access to quality medical, dental, and vision benefit plans.
  • Paid parental leave.

As a president at Teamshares, 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.