So you have finally taken the plunge and are either starting a franchise from scratch or have bought an existing branch. If you are thinking about running a franchise as a small business, you should have a good idea of what it takes to run it, from the day-to-day operations to the administration tasks. You should have also decided how involved you will be in the daily running of the business.
staff productivity
Evidence published by Future Workplace, after carrying out their Workplace Wellness Study, suggests that the number one luxury on employees’ wish lists is in fact something very simple – and far from expensive. Rather than elaborate perks and benefits, employees are searching for natural light. The research showed that a substantial proportion of employees wish they had more access to natural light. Intrigued as to why this is?
[continue reading…]Whether they want to enjoy the great weather or spend more time with their families, many of your staff would enjoy working somewhere other than the office in the summer.
For any business to prosper, whether it be a small start-up or a global conglomerate, instigating a good ethic of teamwork is absolutely essential. Having good teamwork in a company can improve morale, build productivity and ultimately result in a happier, more effective and ultimately, more successful workforce and business.
Often success is measured by increasing profitability of a business, if the profitability isn’t increasing, it can make a business feel stagnant. You don’t have to make dramatic, big changes or cuts such as increasing prices or laying off staff. There are other ways in which you can make small changes that will benefit your business and increase your profits. Being a small business owner, if your year-on-year profits aren’t increasing, or even worse are decreasing, then you will seriously need to look at different strategies to increase your profits.
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