What are the responsibilities and job description for the Network Company President - New York City, NY position at Teamshares?
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 NYC area in the full-service restaurant industry.
As a Teamshares network company president, you’ll be responsible for growing revenue, increasing profitability, and successfully fulfiling the vison of 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).
What You Will Do:- Serve as president of a 3 location small business in the restaurant industry.
- Determine/be responsible for all business strategy, operations, and P&L management
- Lead an experienced team of existing employee owners
- Work with the fractional controller and bookkeeper to make decisions about ongoing expenses and capital purchases, gaining efficiencies, and developing business metrics.
- Growing the business through marketing, outreach, and developing new product lines and revenue streams.
- Handling HR personnel matters, staff disputes, employee performance, job reviews, raises, and bonuses.
- Analyzing business methods and practices, and promoting team and growth opportunities.
- Developing relationships with guests, vendors, and partners.
- Working with Teamshares and fellow shareholders throughout the transition to employee ownership, coaching and partnering with them to understand how adopting an owner’s mindset drives better business outcomes and company culture.
- Being a growth leader who enjoys working with employee owners to improve company operations and expand revenue opportunities.
- A strong leadership background in multi-unit restaurant operations, with a proven track record of managing teams and operational processes.
- Ability to communicate clearly, problem solve, and ensure constructive collaboration with all employees.
- Demonstrated people management skills through past work experiences.
- Strong interpersonal and communication skills; low-ego.
- Entrepreneurial mindset and a desire to build.
- Proven project management and problem-solving skills, with a humble, roll-up-your-sleeves, get-it-done attitude.
- Business acumen and analytical skills to oversee company financials and develop business strategy.
- Growth-mindset and a willingness to explore new ideas and innovations; not afraid to learn from your mistakes
- An open, agile mind (equally adept at thinking creatively/critically), with a flexible, generous spirit and natural bias to action.
- Ability to partner with stakeholders to establish a clear vision, define measurable KPIs, and develop a strategy to achieve financial goals.
- 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, you’re not alone; you'll be part of a dynamic community of fellow small business leaders, with ongoing support from Teamshares Inc.— beginning with our Leadership Accelerator program. Please don’t 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 employee-driven 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.
Check out more information here (https://www.teamshares.com).
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.