How to: Excel at Employee Retention, Part II

This is Part II of an article which will help a business owner with one of the most important aspects of their business. This is exactly the type of question we help answer at FranNet of Midamerica.

How to: Excel at Employee Retention, Part II


You’ve hired the best employees and now you have to find a way to keep them. Employee turnover costs your small business time and productivity. Here is part two of a list of ways to keep your employees. 

• Keep the lines open. Employees should have a regular chance to offer ideas and ask questions. An open-door policy encourages employees to be open with managers without fear of negative consequences. 
• Managers should get involved. Have them coach employees, help top performers move to new positions and correct poor performance. 
• Show them the money. Financial rewards such as stock options for employees who meet performance goals, meaningful annual raises or bonuses when employees meet specific performance goals are ways to retain employees...

Read the Entire Story HERE

Excelling at Employee Retention

When you go into business for yourself, employee retention is a huge issue. Here is Part 1 of a blog entry from FranNet on the subject:

Small Business Tips: How to Excel at Employee Retention, Part I

You’ve hired the best employees and now you have to find a way to keep them. Employee turnover costs your small business time and productivity. Here is part one of a list of ways to keep your employees.

• Set expectations. Employees often wear many hats of responsibility. They need to know exactly what their jobs are and what you expect from them. Don’t ask people to perform for a moving target. 
  
• Promote from within. If it’s possible, promote from your stable of talent and give employees a clear path for further advancement. If they can’t see a future with your company, employees become disengaged and frustrated...

Read entire story HERE: Small Business Tips: Excel at Employee Retention

Owning a franchise can help you control your destiny

Every week, the numbers coming in from the Bureau of Labor Statistics are dismal. We hope for the best, but the worst keeps appearing.

The U.S. workforce is at the mercy of their employers.

There is a way, however, that one can take control of their own destiny, and that is to go into business for themselves. And, the easiest way to do that is through a franchise.

Why not start a business that already has the plan for success mapped out for you?

This Wednesday, September 8, we invite you to an informative webinar that should answer all of your questions about franchise ownership. Once you sit through this 90 minute online seminar, you will know if going into business for yourself is the right thing to do.

What: Career Alternatives in Franchise Ownership webinar
Cost: Free
When: 9/8/10, 2pm-3:30pm
Register: Visit the Website, or call 800-372-6638 or email webinar@frannet.com

Buying a Franchise...is it Right for You?

Do these of these apply to you?

-Do you live anywhere close to Georgetown, Ky?
-Have you EVER wanted to go into business for yourself?

If you answered "yes" to both, then you do not want to miss the seminar on Monday, August 30, from 5pm-8pm. It's sponsored by the Kentucky SBDC, and guest presenters are Andy Friedman, Attorney, of Rosenwasser & Goldman, and Thom Crimans, president of FranNet of Midamerica.

This will be the perfect opportunity to gather the pertinent info you need for business ownership, as well as ask any question you ever had about franchise ownership.

Date: Monday, August 30
Time: 5-8pm
Place: Scott County Library, 104 S. Bradford Ln, Georgetown, Ky
Register on line at www.ksbdc.org   or email bmjone2@uky.edu
Registration Fee: $20

Franchise ownership addressed

Have you ever considered owning a franchise?

Have you ever thought about busting the shackles of working for someone else and becoming your own boss?

Then tonight is the night for you!

FranNet of MidAmerica is hosting a free seminar, "Careers in Franchise Ownership", tonight at 6pm. It's an intensive evening, and all of your questions about owning a franchise in the Louisville area should be answered by the end.

The event is at the Starbucks on the corner of Hurstbourne Lane and Shelbyville Road. Again, Start time is 6pm.

To register, call Thom at 502-561-0620, or email tcrimans@frannet.com.

FranNet in Louisville gets big news!

FranNet Makes the Inc. 500 List of America’s Fastest-Growing Private Companies

FranNet, an industry leader in advising clients in business ownership options and matching entrepreneurs to franchise opportunities, announced that the company was named to the prestigious Inc. 500 list, an exclusive ranking of the nation’s most entrepreneurial and fastest growing companies in America. The list represents the most comprehensive look at the most important segment of the economy—America’s independent-minded entrepreneurs.  This is FranNet’s first time appearing on the list...

READ ENTIRE STORY HERE

Is self employment for you? Free event

Guy in the cubicle next door driving you insane? Sick of the stress of punching a timeclock? Tired of sweating blood and tears to make someone else rich?

Then working for yourself may be in the stars.

We are running a free event in Louisville on August 24 which can give you all the information you need to make this important decision. It's not an arm-twisting, sign-up-now-or-else session, but an opportunity to speak with an expert in the field of Franchising in an intimate setting.

When: August 24, 2010
Where: Starbuck's, on the corner of Hurstbourne Ln and Shelbyville rd.
Time: 6:00pm - 8:00pm

Please register, as seating is limited. Call 502-561-0620, or email tcrimans@frannet.com.