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 Palm Springs, CA metro area in the restaurant industry with two local 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. Additional information ( https://www.teamshares.com ). \n What You Will Do: Serve as president of a small business in the restaurant industry with multiple full-service 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 bookkeeper 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 owner’s mindset that drives better business outcomes and fosters a positive company culture. Leading Growth Initiatives: Act as a growth leader, working with employee-owners to improve company operations and expand revenue opportunities. What You Have: A strong background in restaurant operations, with a demonstrated ability to manage high-volume, multi-unit full-service locations, ensuring operational excellence, staff coordination, and seamless service delivery across all units. 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
