About the role
What is Teamshares? Teamshares is one of America’s 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 best-in-class leadership support. We're building a network of 10,000 employee-owned 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 businesses—and the communities they serve—continue 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 the Providence, RI metro area in the restaurant industry with 4 locations. As a Teamshares network company president, you’ll be responsible for increasing profitability and successfully transitioning the business to employee ownership. You’ll run and work IN the business, including owning full P&L responsibility, business strategy, and operations. You will report to a Teamshares Industry Lead who supports a portfolio of 5–15 companies within the sector, serving as a strategic partner to help drive operational and financial performance. Additional information ( https://www.teamshares.com ). \n What You Will Do: Serve as president of a small business in home decor & retail industry Determine/be responsible for all business strategy, operations, and P&L management Lead an experienced team of existing employee owners This Includes: Driving 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. Whether it's documenting existing effective methods or developing new structures, you will be responsible for establishing and tracking key operational metrics and financial outcomes. Collaborating on Financial Decisions: Work closely with Teamshares staff and company-level financial partners to manage ongoing expenses, capital purchases, and growth initiatives. Leading Growth Initiatives: Act as a growth leader, working with employee-owners to improve company operations and expand revenue opportunities. Managing HR and Personnel Matters: Handle HR responsibilities, including staff disputes, employee performance evaluations, job reviews, raises, and bonuses. 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 owner’s mindset that drives better business outcomes and fosters a positive company culture. Small businesses sometimes require going above and beyond and will require occasionally rolling up your sleeves and working to get the job done. What You Have/Who You Are: 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. Energized by transformation environments: 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. 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 low-ego approach. Entrepreneurial Mindset: Possess an entrepreneurial spirit with a desire to build and innovate. Project Management and Problem-Solving: Proven project management and problem-solving skills, coupled with a humble, hands-on, get-it-done 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 exceptional medical/dental/vision benefit plans Paid parental leave \n
