Multi-Unit Franchisee Magazine Issue I, 2013 | Page 70

By Michele Chandler Family Business: Not Child’s Play! O Three families succeed where many have failed perating a successful franchise business is challenging enough. Add in family members and things can get really interesting. Who’s the favorite child? Who gets to be CEO, president, COO? When does the founder let go of the reins (and what if he won’t)? Issues such as control or favoritism can sink an otherwise healthy enterprise. And then there’s the problem of taking the business home or leaving it at the office. Here are three stories of family-run franchises showing that potential problems with family dynamics not only can be overcome, but can be the source of unique strengths that can be channeled into building a prosperous, healthy enterprise—and family. 68 Multi-Unit Franchisee Is s ue I, 2013 His three sons Ever since his sons can remember, Matt Holker has been an entrepreneur. In the go-go 1990s, he was a general contractor and part owner of a home construction firm. “I knew housing was going to eventually come to an end,” he says, “I just didn’t know it was going to come to an end as it did.” When housing dried up, Holker, then in his early 50s, wasn’t ready to retire. And his son Greg, then in his early 20s, had finished some college and was looking for a career. So in 2006, Holker, who enjoys outdoor work, financed the purchase of a Spring-Green Lawn Care franchise for $125,000 and set out to find customers for the lawn and tree care business.