Small Business President (Always Accepting Applications)

Posted 3 Hours Ago
Be an Early Applicant
Hiring Remotely in United States
Remote
Fintech • Business Intelligence • Financial Services
The Role
As a Small Business President at Ownershift, you will oversee strategy, operations, and P&L management, driving growth and profitability. You will lead a team of employee-owners, develop growth strategies, analyze business practices, and manage HR responsibilities to facilitate the transition to employee ownership and improve company performance.
Summary Generated by Built In

Ownershift is a for-profit, purpose-driven acquisition platform that purchases high-quality, long-tenured small businesses from retiring owners and implements broad-based employee ownership programs upon closing, enabling employees to directly participate in business success. Our goal is to become the preferred buyer for retiring owners by offering quick, efficient acquisitions and facilitating employee ownership legacies. This creates a win-win for retiring owners, employees, communities, and investors, ensuring secure financial positions and legacies for owners, financial participation and wealth creation paths for employees, retention of valuable businesses for communities, and strong financial returns for investors.

Job Summary: 

We’re seeking a dynamic Small Business President of an Ownershift company, to play a crucial role in facilitating a successful transition to employee ownership, driving steady growth, and boosting profitability. An Ownershift company can range in size from 10-40 employees, producing an average profitability of $1 million. This individual will oversee all aspects of the business, including P&L management, strategy, and operations. This role offers an exciting opportunity to lead an established team and institute effective management practices, fostering transparency and accountability within the organization. 

This position provides a unique opportunity to lead a well-established company that is deeply rooted in its community. Achieve financial growth by earning a competitive salary and performance-based compensation, ensuring you are financially rewarded for the value you create. Network with other company leaders and access a wealth of resources, including leadership and management coaching. Create an impact on closing the wealth gap in this country by implementing a broad-based employee ownership program. We welcome humble, ambitious leaders from diverse educational and professional backgrounds to join us in fostering shared equity and growth for all. 

 

How you’ll make an impact:  

  • Succeed the retiring small business owner as the new President and General Manager of the company. 
  • Own all business strategy, operations, and P&L management, leading an experienced team who, alongside you, owns equity in the business. 
  • Serve as the growth leader who will work with employee owners to expand revenue opportunities and improve company operations. 
  • Instill top-tier management practices for a growth-focused culture with transparent accountability. 
  • Partner with the existing team to develop a credible and granular growth strategy. 
  • Analyze business methods and practices, implementing changes as needed. 
  • Collaborate with the current team on budgeting, cost-effective investments, and establishing performance metrics. 
  • Partner with the business development/sales team to drive growth through marketing, outreach, and expanding product lines and accounts, where appropriate.
  • Manage HR responsibilities, including personnel matters, conflict resolution, performance evaluations, and compensation.
  • Collaborate closely with Ownershift to facilitate the company's transition to employee ownership. This involves coaching and partnering with employee owners to ensure they understand the significance of their ownership stake in driving better business outcomes and nurturing a strong company culture rooted in the employee-owner mindset across the organization. 


What you’ll bring to the table:   

  • Demonstrated people leadership skills through past work experience.  
  • Strong interpersonal and communication skills with low ego. 
  • Demonstrated expertise in advanced project management and problem-solving, coupled with a hands-on approach. 
  • Strong business acumen and analytical skills to oversee company financials and develop business strategy. Past P&L management and/or MBA degree a plus. 
  • Capacity to identify challenges and develop solutions in a fast-paced environment. 
  • Experience hiring, training, and developing teams. 
  • Growth-oriented mindset for yourself and your teams to explore new opportunities and innovations. 
  • Mission alignment with Ownershift’s goal of implementing broad-based employee ownership.  


Compensation:  

This position will receive a competitive base salary and equity package DOE.

Ownershift is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, sexual orientation, gender identity or any other characteristic protected by law.

The Company
12 Employees
Remote Workplace
Year Founded: 2023

What We Do

Ownershift is on a mission to provide small business owners a succession plan that solidifies their legacy and facilitates their business remaining rooted in their community forever. We aim to acquire high quality small businesses from retiring owners, match these companies with qualified leaders to continue growing the business, and distribute ownership to employees to enable them to participate meaningfully in the value they create

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