Better time management leads to improved business results Simone Cooper When running a franchise you expect the business to operate perfectly so that all opportunities of making profit are exploited. However, as we all know, achieving perfection means splitting your efforts over many activities, which often requires time.  “Running a successful franchise really means being someone who knows when to delegate, structuring your working day and paying attention to the jobs that matter,” says Simone Cooper, Head of Franchising at Standard Bank, adding that success is really achieved through effective time management.  Time management is defined as taking conscious control over time spent on various activities. Spending too much time on a task that may not really require the effort you are putting in is considered time wasting.  “Mastering the art of time management is a skill that brings immediate benefits to people and business,” says Ms. Cooper. This is because: ...

The business of good time management It is said when you own your own business that ‘time is money’, and that the amount of time you put in will determine the amount of profit you make. Time management in business is, however, one of the most challenging aspects when running a business, with many owners struggling to strike a balance between the tasks that are essential to success and those that are less so. The business of franchising proves no different, even with a franchise manual that can be used as a guideline. Managing Executive of The Fish & Chip Co, Jan de Beer, shares more on how to practise proper time manage ment in the franchising business, to ensure the most is made of every day. Even though there are many definitions as to what time management actually means, the most common definition is to understand the act of taking conscious control over time spent on various activities. Spending too much time on one activity is not time management, it’s wasting time. To ...