Why
You Need a Written Manual
Franchises use a written Operations Manual as a competitive
advantage over independent small businesses. They benefit from having a written
“system” from day one, independent businesses are forced to
make it up as they go along. Level the playing field instead of playing
catch up
Shorten the learning curve. Most new business owners “figure it out as they go
along”. While this is important and valuable, too many mistakes made
in the critical start up period may leave you playing catch up behind your
competition
Save money.
The section on hiring alone will potentially save you thousands of
dollars. Hiring the wrong people is one of the most costly and time
consuming mistakes you can make as a business owner. Learn a proven
system of hiring, training and on boarding that will help you build a winning
team
Create a truly valuable business. A business becomes much more valuable to a potential buyer
when it’s system of doing business is documented in a formal manner. It’s hard
to sell the ideas in the owners head to another person.
Grow your business. Hiring and training new employees is a time
consuming and expensive process. If you are growing and need to add new
employees, or even open additional locations, you will need a formal system to
train your team. With an established system, your managers and senior
team members will be able to train new hires, leaving you to work
“on” your business instead of “in” it
“If they don’t fail outright,
most businesses fail to fully achieve their potential. That’s because the
person who owns the business doesn’t truly know how to build a
company that works without him or her.. which is the key.”
~Michael
Gerber, The E Myth
“The
entrepreneur builds an enterprise; the technician builds a job.”
~Michael
Gerber, The E Myth