Small Business President

Downing Capital Group · Memphis, TN

Company

Downing Capital Group

Location

Memphis, TN

Type

Full Time

Job Description

We are a for-profit, mission-driven acquisition company focused on expanding employee ownership at enterprises across the country, empowering workers to build wealth through ownership stakes in the value they help to create day in and day out. Our team partners with retiring owners of small businesses, as we aim to be the buyer of choice through quick, efficient acquisitions. We then transition those companies to employee ownership over time. 

We create a win-win-win scenario for retiring owners, company employees, communities, and investors. Owners retire with a secure financial position and legacy, employees participate financially in the success of their business with a clear path to meaningful wealth creation, communities retain valuable, longstanding businesses, and investors generate strong financial returns. 
As a Small Business President of a network company, you play a crucial role in facilitating a successful transition to employee ownership, driving steady growth, and boosting profitability. You’ll oversee all aspects of the business, including P&L management, strategy, and operations. This role offers the chance to lead an established team and institute effective management practices, fostering transparency and accountability within the organization.

You'll step into the role of president and general manager, taking over from a retiring small business owner. You'll oversee business strategy, operations, P&L management, and HR.

You'll collaborate with the current team on budgeting, cost-effective investments, and establishing performance metrics. You'll also partner with the business development/sales team to drive growth through marketing, outreach, and expanding product lines and accounts, where appropriate. Additionally, you'll manage HR responsibilities, including personnel matters, conflict resolution, performance evaluations, compensation, and bonuses.

You will analyze business methods and practices, and implement change as needed.

You will work with a newly acquired business and transition the company to employee ownership, which means coaching and partnering with employee owners to understand how their new company ownership stake can drive better business outcomes and company culture.

How you’ll make an impact

  • Replace the previous retiring small business owner as the new President of the company
  • Serve as the growth leader who will work with employee owners to expand revenue opportunities and improve company operations
  • Own all business strategy, operations, and P&L management, leading an experienced team who, alongside you, owns equity in the business
  • Instill top-tier management practices for a growth-focused culture with transparent accountability
  • Partner with existing team to develop a credible and granular growth strategy
  • Support 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
  • Growth-oriented mindset for yourself and your teams to explore new opportunities and innovations
  • Mission alignment with our goal of implementing broad-based employee ownership

Beyond the paycheck:   

As an early employee, you will be a critical part of our core team and influence the direction of the company. We offer competitive compensation, early-stage equity, a full suite of benefits, and we will invest in your career development.    

Apply Now

Date Posted

03/05/2024

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