Franchise Tips Holland MI

Becoming a franchise owner can bring you great rewards as well as great responsibilities. Becoming a “boss” can bring you many great benefits for yourself, however you will have all the duties a boss carries. For example you will have to keep the customers happy, produce quality products or services, manage your time, create schedules for employees, manage the books, and you will also be responsible for hiring and firing staff. In this article you will find what you should know about how to reduce employee turnovers.

Lawrence R. Abramczyk
30400 TELEGRAPH RD STE 444
BINGHAM FARMS, MI
Specialties
Litigation, Arbitration, Franchising, Corporate, Banking
Education
University of Michigan,Sacred Heart Seminary
State Licensing
Michigan

Bruce W. Haffey
101 W BIG BEAVER RD
TROY, MI
Specialties
Business, Commercial, Mergers & Acquisitions, Franchising, Tax
Education
Wayne State University,University of Michigan,University of Michigan
State Licensing
Michigan

Paul P. Asker
(248) 419-5400
35551 FORD RD
WESTLAND, MI
Specialties
Business, Contracts, Real Estate, Employment, Commercial, Mergers & Acquisitions, Franchising, Litigation, Health Care, Intellectual Property, Venture Capital, Appeals
Education
Wayne State University,University of Michigan,London School of Economics
State Licensing
California, Michigan

Charles A. Lefevre
40701 WOODWARD AVE STE 50
BLOOMFIELD HILLS, MI
Specialties
Tax, Real Estate, Probate, Estate Planning, Franchising
Education
Detroit College of Law,University of Detroit,University of Detroit
State Licensing
Michigan

Anthony S. Kogut
333 ALBERT AVE STE 500
EAST LANSING, MI
Specialties
Commercial, Franchising, Administrative Law, Licensing, Insurance
Education
Wayne State University,University of Detroit
State Licensing
Michigan

Freeman L. Farrow
(312) 362-6706
150 W Jefferson Ave Ste 2500
Detroit, MI
Specialties
Litigation, Mediation, Franchising
State Licensing
Michigan

Norton T. Gappy
(248) 524-1700
3525 ROCHESTER RD
TROY, MI
Specialties
Business, Contracts, Corporate, Debt Agreements, Franchising, DUI
Education
University of Detroit Mercy School of Law
State Licensing
Michigan

Emily Erin Hughes
(248) 841-2200
950 W UNIVERSITY DR STE 300
ROCHESTER, MI
Specialties
Commercial, Franchising, Insurance, Class Action, Investment Fraud
Education
University of Illinois College of Law,University of Michigan
State Licensing
Michigan

Kathryn E. Hickner-Cruz
(248) 457-7838
2000 TOWN CTR STE 2700
SOUTHFIELD, MI
Specialties
Business, Investment Fraud, Financial Markets And Services, Franchising, Health Care
Education
University of Michigan, Ann Arbor,Wayne State University
State Licensing
Michigan

John E. Young
(248) 784-5132
2000 TOWN CTR STE 2700
SOUTHFIELD, MI
Specialties
Business, Tax, Franchising
Education
Xavier University,University of Detroit
State Licensing
Michigan

Franchise Tips

Becoming a franchise owner can bring you great rewards as well as great responsibilities. Becoming a “boss” can bring you many great benefits for yourself, however you will have all the duties a boss carries. For example you will have to keep the customers happy, produce quality products or services, manage your time, create schedules for employees, manage the books, and you will also be responsible for hiring and firing staff. This is sometime a challenge for franchise owners. Getting and keeping good qualities is hard to manage. Many find that reducing employee turnover can be one of their biggest challenges.

Employee turnover is the ratio of the number of workers that had to be replaced in a given time period to the average number of workers. Basically how many people are coming and going as employees. Some business have what is known as a high turnover rate, which means that have a shorter tenure than those of other companies in that same industry. Having to replace costs you as a business owner time and money.

First of all it costs money to hire employees. You most likely have to pay for their drug test, and other processing fees. You will also spend time and money training them. If you have a trainer, you are paying double the money to train that person as you will pay the trainer and the trainee. You may also lose money if you are understaffed due to not being well staffed.

You will also be losing time since you will have wasted time training them. But keep in mind that it also takes time from your schedule to find and hire new employees. This can be the bigger issue, especially if you lose a qualified and well seasoned employee. You may be concentrating your time to finding new staff and neglecting other responsibilities.

So, here are a few ways to reduce employee turnover:

First start by clearing addressing compensation and benefits from the beginning of the hiring process. This is two main reasons an employee will leave. They need to know what they are making and what they receive by working at your franchise.

Next, provide a training program for all employees. Keep your employees informed. Also if they know what they are doing they will for more comfortable therefore will most likely stay longer.

Provide a clear path for advance. Another primary reason that employees leave is because they feel that they have no room to grow or aren't going anywhere with your franchise. If employees know they can grow and advance they will not feel the need to find a new job.

Provide a good work environment. If your employees are uncomfortable they will not want to stay. They will see that there are other and better options available if you do not provide them with good working conditions and environment.

One main way to avoid employee turnover is to hire the right people from the start. Know what you want and what you don't want for your franchise. Take the time to interview each applicant and get a good feel for them. As a previous trainer for a large company, I could tell within a few minutes if someone was going to work out, and I also knew exactly which managers were conducting interviews.

So, keep your franchise running great by hiring the right people from the start and avoiding high turnover rates!

For more information on an automotive franchise with BumperDoc visit http://www.automotivereconditioningfranchise.com/ to start your path to business ownership!



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