The Insider Guide to How Trucking Companies Are Valued in Tennessee
Tennessee trucking companies are valued based on adjusted cash flow, fleet quality, contract stability, safety records, and how much the business...
2 min read
Joe Steigman is the Founder of Legacy Entrepreneurs, a boutique business brokerage and exit advisory firm focused on helping business owners maximize value and transition their companies with confidence. With a background that combines operational leadership, corporate consulting, finance, and entrepreneurship, Joe brings a practical, owner-focused perspective to business sales and acquisitions. Joe is a Certified Business Intermediary (CBI), a designation awarded by the International Business B...
Joseph Steigman
Updated on March 10, 2026
Running a small business can feel like running on a treadmill—every fire, every decision, every shift depends on you. The solution? Hiring a general manager.
But how you hire one makes all the difference.
If you’ve ever Googled “how to hire a general manager,” you’ve likely seen fluffy job board articles or recycled HR advice. This isn’t that. This is a practical, owner-focused guide to stepping out of the day-to-day—and putting the right person in charge.
Here are the six most important lessons every small business owner needs to know:
Your reason should drive how you define the role and who you hire.
Generic job descriptions won’t cut it. You need to map out:
You’re not hiring a middle manager—you’re hiring an operational leader. Write a compelling job ad that shares:
Forget bloated bonus structures. Your incentives should reflect the business transformation you want:
Resumes aren’t enough. Use assessments to see how candidates think.
Look for:
Don’t just ask what they’ve done—ask how they think.
Try these:
Hiring a general manager isn’t just about offloading tasks—it’s about building a resilient business that can thrive without you.
That resilience translates directly to business value. Buyers love businesses with systems, leadership, and low owner dependence.
Whether you’re preparing to sell, install a GM, or just want your evenings back, I help small business owners like you plan the right exit—or step into a true ownership role.

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