Your business has become successful enough in one location that you have expanded. Now there are multiple business fronts that you are worrying about. With limited time and resources, you might be struggling with how to juggle the many responsibilities of multiple locations. Luckily, if you have gotten this far, odds are likely that your small business is doing quite well. It is just a matter of knowing how to properly allocate your time and resources. Here are a few things to keep in mind to help manage multiple locations:
Trusted Employees – With the success of one business location, you have likely established rapport with your employees and you know who to count on. Give these trusted employees more responsibilities to oversee tasks in multiple locations. Your reliable employees will serve as the backbone for your small business. Make sure that you can recognize those that work hard and dedicate their lives to the small business.
Quick Communication – With the expansion to other locations, communication becomes even more critical. You need to be informed on all major changes immediately meaning that communication between you and the other sites is quick. Be reachable throughout the day by phone, email, and text to handle any questions or situations. This will also increase your employees trust in you as a small business owner.
Make Business Model Firm and Easy to Follow – Your business model should be the guidebook for all your employees. If they have a question, the first thing they should do is think about how it relates to your business model. The business model should also be your constant source of inspiration. Understand what your long-term and short-term goals are to gauge your progress. You should also have a clearly defined model for expansion. Other locations should know what their future goals are in a clear and understandable manner.
Weekly Updates – Since there is only one of you, make an effort to check in every week with all business locations. Often times, you may not know exactly what is going on in each location. In order to have an accurate gauge on progress of your small business, be sure to check in with each location and have them update you every week. There is also a good opportunity for you to inform your employees about any changes that they should be aware of to your small business. It is best to do these updates in person so your employees can feel a sense of connection to you. If that is not possible every week, make sure that you can get these other locations on the phone to chat.
You have worked hard to get where you are. In order to expand further, you should have a game plan to handle multiple business locations. Be sure to visit biz2credit.com to get more information on how to expertly manage your small business.