Franchisee Success - How to ACE your business

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Presented to The Kitchen Table Network 1st April 2014. Presenting to like minded business women. 6 steps to having more time, more money and a team that does what you want

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How to ACE your business6 steps to having more time, more money and a team that does what

you want

• Every business has High Performers• High Sales, ATV,• Great Team• What they have really done was ACE their

business• Now it takes 5 minutes each morning –

really!

Analyse Your BUSINESS

• What are your KPI’s• Be honest – get a true picture of your

business• Get down and dirty in your P&L• Look at what others are doing in your

system

Analyse your TEAM

• Audit that team – know who you are working with

• Mystery Shops• Customer complaints

Customise your BUSINESS

• Set new KPI’s• Set new goals• Get a budget• Do a business plan

BUSINESS PLAN – 7 questions

• What turnover can I achieve• What am I going to do to increase sales• How am I going to improve profitability• Can I increase loyalty• Do I have the right staff• How am I going to communicate with staff• What are my goals and missions

Customise your TEAM

• Get a Mini Me• Build a leadership team• Interviewing Staff• Create a Training Plan• Rotating Roster

Enforce within your BUSINESS

• Share new KPI’s with your team• Monitor these KPIs• Create a hot sheet and in store book• Host a weekly management meeting

ENFORCE within your TEAM

• Show leadership – Who is the boss• Get a team of professionals around you• LIVE!!!! Plan a schedule and timetable

yourself• YOU!! Getting the best and being the best

PEACE OF MIND

• How do you take just 5 minutes each morning to know your business is on track

• Boil the kettle• Check your actuals to KPI • Confirm your strategy for the coming day

The Book

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