Thursday, August 25, 2011

Efficiency Not Time

Who says you don't have to work hard in order to make your business successful.  Key words "WORK HARD".  There are a lot of ways to define working hard.  Unfortunately this day and age there is a misunderstanding that working hard is only defined by the amount of time you contribute to your success.  I find this to be true and false.  Example: Does it really matter if you get the same amount of production/results out working 2 hours or 12.  I try to measure my employees on a production/number base.  Not the amount of hours you take to tackle the task @ hand.  Now the true side of this is, in any facet of business, if your doors aren't open people can't come in.  The more hours people have access to your business the more chances you have of gaining a customer.  When it comes to the access to your business structure it in the sense of being accessible during the time of day for the most hours that pertains to your service or product.  Example:  If you serve dinner your probably not going to have your hours of operation from 6am to 11am in the morning.  If your patrons are coming in starting at 6pm until 11pm.  Pretty simple! Be open during this time period.  My point is you're not going to keep your dinner serving business open from 8am until midnight just in case you might grab one or two more customers.  The man hours alone would wipe out your profits.  It's all a numbers game.  Look into where you can be more efficient and I guarantee this is a huge way to cut expenses and retain profits.

 

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