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Facing a financial storm, I've found myself at a crossroads where difficult decisions and honesty are my only compass. Imagine having to choose between paying rent, settling a bank loan, or ensuring your team gets their paycheck. That's the reality I'm confronting, and my choice was clear: my employees come first. This episode takes you through my decision-making process, where I prioritize my staff's well-being above all else, even as the pressures from landlords and the bank loom. Join me on this journey as I gather my team—both in person and virtually—for a candid discussion about our financial challenges and the path we're charting together.
Keeping integrity at the forefront, I'm also opening up to corporate, including our CEO and CFO, about our financial tribulations. This transparency isn’t just a strategy; it’s a necessity as we navigate the potential outcomes, including the unnerving possibility of having the franchise seized. Throughout this episode, I share my guiding principle: making decisions that I won’t regret if they were publicized. From strategizing payment priorities to preparing for what might come from corporate's response, this episode is a raw exploration of leadership under pressure, with insights into how I plan to steer through this turbulent chapter while fostering trust among my team, clients, and corporate family.
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