Know your numbers!
It doesn’t matter at what stage you are in your business, this exercise of knowing your numbers is vitally important for EVERY business owner. For business owners that are newer to business, this will help you to grow your business and keep you accountable to doing...
Tip #68 – Set a timer
Do you find that most days, your time is just slipping through your fingers? You get to the end of the day and firstly don’t know where the time in the day has gone, but secondly, you don’t know what you have achieved in that time and it in fact feels like you didn’t...
Tip #2 – To do lists
There is actually an art form of doing to do lists. Many franchisees have these massive to do lists that overwhelm them not help them to get things done. Now, don’t get me wrong, you need a to do list. If you are trying to remember it all in your head, you are going...
Tip #72 – What are your systems?
The success of franchising comes from its systems. What most franchisees forget is that there are some systems that you need to create. These are the systems that are unique to you and your business. We spend so much time focusing on the systems of the franchise,...
Tip #83 – Not Negotiable Time
Time management can be a task that it is hard for many franchisees. There are more things to do in a day than time available creating stress and overwhelm. There are many time management strategies out there that you can implement, but here is my ‘go to’ strategy...
Tip #52 – Expect a great result
When you are about to undertake an activity, make sure you are expecting a great result. So many franchisees are about to do something, say a new marketing strategy, and before they even begin they are already making statements such as ‘This probably won’t work, but...
Tip #73 – Who are you associating with?
If you have ever read a wealth creation book, they will probably have written in it somewhere that your current net worth is probably within about 10% of the average of the five people that you associate with the most. I want to use that same thought, but in your...
Tip #12 – Be Happy
I know this might seem like a weird tip, but I’ve found those franchisees that are happy and enjoying their business journey are generally more profitable - which of course is the purpose of having a business. At conferences, I see a lot of grumpy franchisees. Maybe...
Tip #70 – Who does what by when?
A common problem with franchisees is that they are just not organised. Often times they are running around trying to do everything themselves and not being very effective at it. Even if they do have a team, they are under-utilising them and this shows in the results...
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