Network Company President - Peoria, IL

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 Peoria, IL area in the outdoor power equipment industry.

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).

• Serve as president of a small business in the outdoor power equipment industry with 4 locations
• Determine/be responsible for all business strategy, operations, and P&L management
• Lead an experienced team of existing employee owners

• Developing and leading a team to grow the business through marketing, outreach, and developing new product lines and accounts.
• Managing cash flow and bill pay, working with bookkeeper to make decisions about ongoing expenses and capital purchases, gaining efficiencies, and developing business metrics.
• Managing inventory / financing of inventory, and replacing aging equipment as needed
• Handling HR personnel matters, including staff disputes, employee performance, job reviews, raises, and bonuses.
• Analyzing business methods and practices, including developing/promoting team and company growth opportunities.
• Developing relationships with clients, 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.
• Being able to commute to all four locations for operational support as relevant, and on-the-ground leadership presence

• Demonstrated people leadership and talent management skills through past work experiences.
• Experience in marketing and sales, coupled with a proactive approach to cultivating external business partnerships and driving revenue growth.
• Ability to communicate clearly, problem solve, and ensure constructive collaboration with all employees.
• 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.
• The ideal candidate will possess hands-on experience in mechanical or construction leadership roles and inventory management. Alternatively, a background in impactful operations leadership (such as military, logistics, field services, etc.) would also be highly advantageous.

• 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

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.

Check out more information at teamshares.com.