No matter how many franchise in Pune with small investment you have, it has to be effectively handled by you and the franchisees and keep everything moving ahead in right direction at different locations when you have limited time in hand.
So, here is some basic and essential time-management skills that will help you balance your busy schedule and optimize your time to manage multiple franchises in Pune effectively.
Take a Look at the Key Ways to Manage Your Time to Handle Multiple Franchises in Pune with Small Investment:
Merge a Few Activities Together:
When a business has multiple locations of the similar franchise in Pune, a lot of the back-office work such as payroll, accounting, training and purchasing is the same. If doable then, these internal processes must be carried out at one location by one person and then the savings in labor will go right to profit. Train all the employees from different franchise locations in Pune together, whenever possible, to save your time and to cross-train them whenever required. Work together with different franchise locations, so that you can work on the business rather than in the business.
Make Sure to Keep Your Task Lists Ready:
Make sure to keep your task lists at your fingertips and then hand over prioritized projects to every franchisee. As you cannot be everywhere simultaneously, they can share projects which benefit each franchise in Pune with small investment. There is always a downtime with the employees, so make use of it to keep the business moving ahead and reduce your own burden.
Value & Manage Your Time:
People get constantly distracted through phone-calls, email and business emergencies. While your precious time is fixed for a meeting or any task to do for the business, keep focusing on that and keep the interactions free from email and phone-calls notifications to maintain the efficiency. If somebody actually wants you for that emergency then, they will call you on phone to contact you. Value your personal time and decide who really gets access to you.
Communicate the Updates or News Digitally:
Keeping all your multiple franchises in Pune informed can be very difficult. And even if every franchise has its individual performance objectives, the overall success is mutually dependent. The best and advanced communication software provides different modes of communication media to keep employees at different franchise locations working together.
Take Help of the Franchisees:
A value-add and reason why you purchase a franchise in Pune with small investment is the intelligence and trust found by other franchisees. Get in sync with the all the franchise location owners and share ideas with each other. Take their suggestions, feedback and put their experience into use because your success matters to everybody that is sharing your brand. Everyone have an interest in assisting you find the time to expand your franchise.
Effectively managing your time between multiple franchises in Pune does not really mean that you have to spend equal time at every place. Rather, every location will determine how much time you actually have to invest personally.
