Business Unit
business unit
Family Business
When you buy a franchise business and employ family to help you run it, the business operation can be a lot smoother. Notice how I said can! When you buy a franchise opportunity, in the initial stages business cash flow can be tight. This is where sometimes family members can help out. In the initial stages some family members might be prepared to help you out at either zero or minimal wages.
Longer term their demands could grow to the point that they ask for more money than regular employees or worse still ask for a share in the business! This is not as bad as it sounds because often you can expand the business a lot faster by keeping it in the family.
When you run a franchise business it is imperative to employ people who you can trust. This is where a strong family unit comes in extremely handy. Having a loyal and trustworthy workforce gives you the opportunity to spend more time on business expansion.
Most children are now very computer literate. They can help you out, punching in data and general book keeping tasks. By involving your children in some of the children friendly tasks in the business, they will pick up skills which will be useful to them in their future business life or employment.
Your partner will be able to assist in the management of the business and take some of the stress and strains away from you. Now you both have something in common if you did not before!
So in a nutshell, the business unit can be stronger when you have family working for you. The positives far out way the negatives. But, running a franchise business and employing family members can create its own unique type of problems.
What if one of your family members, be it brother or sister is not pulling his own weight? What if he or she is not up to the task? What if he or she does not get along with other family members? This can lead to all sorts of problems. For a start, you can’t just sack them due to the emotional attachment. This is where the skills of the franchise owner really comes into play.
Another potential area of disputes is when you are employing a younger brother or sister, and the time comes to hand over the reins of the business franchise to your son who happens to be younger than both of them. Whilst your brother or sister was happy taking orders from you, they might not feel the same way towards your son.
In these situations, counselling can help. Another weapon that you could use is to make the transition gentle and over a longer spell, so that the other family members have a time and the opportunity to adjust to the new business relationship.
You will have to be careful that you all make time for yourselves. Working with people, and the day to day hassles can become tiresome especially when you all go home together. You do not want to carry on with the business disputes at home. A simple rule might be that business is not to be discussed around meal times, thereby allowing the family to discuss family issues.
When it comes to expanding your business by buying another franchise unit, the strengths of the family unit can really come into play. This is when you can give the opportunity to the strongest family member the chance to be a manager of the new unit.
About the Author
Naz Daud is the founder of CityLocal
Business Franchise Opportunity
business franchises and UK business directory
Does any businessperson require guidance for reviving a sick business unit?
I am undertaking assignments to revive or rehabilate the business units incurring losses due to mismanagement and wrong business policies. I make extensive study and establishProfessional management and Management Information systems developed especially for Indian business persons. The success of my approaches is assured
Where are you? Calgary or Vancouver, Canada is where you should be looking.
|
|
Keurig B145 OfficePRO Brewing System with bonus 18-count K-cups $115.20 keurig coffee machine designed for the office and commercial use has special draining feature… |
|
|
LINER,SHELF 18X36 4/PK $18.46 Alera Shelf Liners For Wire Shelving, 36w x 18d, Clear Plastic, 4/Pack… |
|
|
BUNN BXBD Velocity Brew High Altitude 10-Cup Home Brewer, Black $57.95 10 Cup, Black & Stainless Steel Coffee Brewer With Black Thermal Carafe, Brews 10 Cups In 3 Minutes, Hot Water Always Available, Stainless Steel Trunk, Tank & Vacuum Insulated Carafe, Advanced Spray Head Design, Vacation Switch, Commercially Rated Housing Material, Recommended For Elevations Above 5,000′… |
|
|
Barbershop 2: Back in Business $1.79 All products are BRAND NEW and factory sealed. Fast shipping and 100% Satisfaction Guaranteed…. |
|
|
World Premiere $6.37 Welcome to the ultimate video magazine from the streets of the hip hop music scene that celebrates the best the industry has to offer with interviews and performances. Witness never-before-seen footage of 50 Cent and the whole G-Unit family at a Super Bowl party at an extravagant mansion. Jay-Z, Lil’ Jon, Dame Dash, Memphis Bleek, Mobb Deep, and Chamillionaire are among the other artists featured…. |
|
|
Jazz & Movies $6.99 … |
|
|
Belkin Pivot-Plug Surge Protectors $26.99 Features a rotating outlet design that gives you much more convenience and flexibility in placing your plugged-in devices than traditional products Belkin Pivot Plug Surge Protectors provide premium power protection for your professional workstations and connected devices. It’s rotating outlet design gives you much more convenience and flexibility in placing your plugged-in devices than traditiona… |
|
|
Kidde KN-COSM-B Battery-Operated Combination Carbon Monoxide and Smoke Alarm with Talking Alarm $64.97 The Kidde KN-COSM-B Battery-Operated Carbon Monoxide and Smoke Alarm combines two important safety devices into a single unit. This alarm includes a voice warning system that announces “Fire, Carbon Monoxide, Low Battery, or Smart Hush Activation.” The voice alarm eliminates any confusion and clearly warns you and your family of a smoke or carbon monoxide danger, or if your battery is in need of r… |
|
|
Master Lock 5400D Select Access Key Storage Box with Set-Your-Own Combination Lock, 1-Pack $19.99 If you’re still hiding your spare keys under the doormat, it’s time for a better, more secure solution. The Master Lock 5400D Key Safe is a hanging unit that securely holds up to five keys. Compact and durable, this key safe will open only when you enter your personalized combination.The Master Lock 5400D Key Safe At a Glance:Reinforced metal molded body Holds up to five keys Up to 10,000 combin… |
|
|
Russian Brides $1.99 … |
|
|
Building a Business: Unit 2 $146.25 No Synopsis Available |
|
|
Chapter And Unit Tests, Intro To Business $22.93 No Synopsis Available |
|
|
Management of Business for CAPE Unit 1 $32.47 No Synopsis Available |
|
|
Business Unit and Divisional Performance Measurement $34.12 No Synopsis Available |
|
|
Business & Communications Systems: Unit 3 $146.25 No Synopsis Available |
|
|
Men Screwing the Parachute Unit onto the Business End of the Small German Magnetic Mine $79.99 Men Screwing the Parachute Unit onto the Business End of the Small German Magnetic Mine – Premium Photographic Print |
|
|
Psychology of Serial Killer Investigations : The Grisly Business Unit $44 No Synopsis Available |
|
|
Business Development in Licensed Retailing : A Unit Manager’s Guide $45.78 No Synopsis Available |
|
|
Chapter & Unit Tests, Introduction To Business 7E $19.18 No Synopsis Available |
|
|
HON 105810CC Corner Unit $278.99 1 Each 10500 10500 Series Curved Corner Unit 105810CC 3% 36″ Width x 18″ Depth x 29.50″ Height SCS ANSI/BIFMA ISTA Well-built cost-effective wood furniture is the perfect solution for a growing business. Square edges and full modesty panels give this series a clean, streamlined look. Durable, thermal-fused laminate resists scratching and stains. Desks and credenzas feature one box and one file drawer in each pedestal. File drawers extend fully on ball-bearing suspensions. Furniture has grommets to route and hide wires and cables and is equipped with interchangeable core removable locks to make rekeying quick and easy. Bridges connect a single-pedestal desk or peninsula to a single-pedestal credenza. Furniture is certified by SCS to be in compliance with specific indoor air quality emission requirements and meets or exceeds ANSI/BIFMA and ISTA performance standards. Center drawer for desk is sold separately. Corner Unit HON Harvest Laminate Scratch-resistant Spill Resistant Square Stain Resistant The HON Company US Yes www.hon.com |
|
|
BEIJING FUYUAN GARDEN BUSINESS $817.52 Beijing Fuyuan Garden Business Hotel is a garden style hotel. Haidian District located in the park up to the hotel built in the early years of the Republic Beijing is the cultural unit. Standard Amenities In All RoomsBathroom Amenities Color TV Electrical Adapters Electrical Outlet Desk HSPD Power Converters Safe All Other Room Type AmenitiesAlarm Clock Cable TV Coffee Tea Direct Dial Hair Dryer Iron Board Private Bath |
|
|
The Business $19.99 The Business – Poster |
|
|
HON 10500 Series Curved Corner Workstation Unit $285.99 1 Each 10500 10500 Series Curved Corner Workstation Unit 105810NN 18″ Width x 36″ Depth x 29.50″ Height 3% ISTA ANSI/BIFMA Well-built cost-effective wood furniture is the perfect solution for a growing business. Square edges and full modesty panels give this series a clean, streamlined look. Durable easy care thermal-fused laminate resists scratching and stains. Desks and credenzas feature one box and one file drawer in each pedestal. File drawers extend fully on long-lasting, steel ball-bearing suspensions and include hangrails for letter-size or legal-size storage. Curved left and right returns are for use with curved corner unit only and are not to be used as freestanding units. Curved corner unit is intended for curved returns only or can be used as separate freestanding unit. Desks, returns, bridges, and corner units offer grommets to route and hide wires and cables. Furniture is equipped with interchangeable core removable locks to make rekeying quick and easy and meets or exceeds ANSI/BIFMA and ISTA performance standards. Center drawer for desk and all other units are sold separately. Corner Unit Grommet HON Lifetime Limited Mahogany Laminate – Top Office Scratch-resistant Square Stain Resistant The HON Company Use with Curved Returns for larger workstation Wood Yes www.hon.com |
|
|
The Unit $11.65 No Synopsis Available |
|
|
Panasonic KX-TDE600 Pure IP-PBX Mail Unit $1976.95 “Panasonic KX-TDE600 Brand New Includes Two Year Warranty, The Panasonic KX-TDE600 pure IP PBX control unit is an advanced communication platform for IP networking environments. It provides support for desktop SIP connectivity and a range of advanced IP telephones as well as digital extensions and ISDN trunks. KX-TDE600 Features: Hybrid IP-PBX Control Unit, Support Small to Large Communication System, Integrated SIP Telephony via Internet Telephony Service Providers, Built-in Support for Advanced IP Extensions as Well as Standard SIP Phones, IP Phones & Soft Phones for Remote Workers & Road Warriors, Desktop, Network & Business Application Integration, Business Productivity w/ Wireless Mobility Solutions, Easy Migration, Built-in Voice Mail, Reduced Total Cost of Ownership, Centralized Management & Upgrades, Maximum Extension Port (DPT and SLT and IP Extension): – W/o DXDP: 368 – W/ DXDP: 432, Physical Extension Cards: – Single Line (a/b) Telephone (SLT): 240 – Digital Proprietary Telephone (DPT) – Type 1 (With DXDP): 256 – Digital Proprietary Telephone (DPT) – Type 2: 128 – IP Proprietary Telephone (IPT): 160 – Analog Proprietary Telephone (APT): 80 – Direct Station Select (DSS) Console: 64 – Voice Processing System (VPS): 8, Virtual Extension Cards: – SIP Extension: 128 – IP Proprietary Telephone (IPPT): 64, Trunk Port: 192, Physical Trunk Cards: – ISDN Trunk (BRI): 160 – ISDN Trunk (PRI): 150 – Analog Trunk: 160 – IP Gateway: 160, Virtual Trunk Cards – SIP Trunk: 32, Wireless Portable Station (PS): 512, Wireless Cell Station (CS): 32, Doorphone Port: 16, Door Opener: 16, External Sensor: 16, External Relay: 16, USB Module: 160, Key Term Definitions Cabinet : The main box where all the internal / external routing and configurations take place within a telephone system. The cabinet can be referred to as Central Office, Central Unit and or Base. CTI (computer telephony integration): This is an optional set of applications that will allow you to integrate your telephone system with your computer. These applications inclu” |
|
|
CLP-510RT Image Transfer Belt/Unit for CLP-510/CLP-510N $149.99 SAMSUNG Image Transfer Units are specifically designed to ensure longer yield enough for general business. It features print quality with crisp vibrant output from the first |
|
|
CLP-500RT Image Transfer Belt/Unit for CLP-500/CLP-500N/CLP-550/CLP-550N $144.99 SAMSUNG Image Transfer Units are specifically designed to ensure longer yield enough for general business. It features print quality with crisp vibrant output from the first |
|
|
Intimus Business Card Slitter, 10up $2717 Features of the Intimus 10up Business Card Slitter: 10up business card slitter with the additional option of perforating or scoring. Easily converts 8 1/2″ x 11″ sheets to finished 2″ x 3 1/2″ business cards with a simple two pass operation. Premium features include perfect cuts, catch tray, receptacle and adjustable feed to accommodate different types of material thickness. This unit does not accommodate bleed printing. * Ideal for making business cards, occasion cards and/or tickets. * Offers an extra work station for scoring and perforating. * Cuts 8 1/2″ x 11″ sheets into two strips of 3 1/2″ x 11″ on the first pass and finishes the job by taking the 5up sheets and cutting them down to 2″ x 3 1/2″ cards. * Cutting blades are semi-self sharpening to allow for years of operation without sharpening or replacement. * Adjustable paper guides allow for easy set up for customized needs. * Continuous feeding of stacks up to 5/8″ thick. * Creates up to 375 cards per minute. |
