The Art of Allocating Time; Becoming Efficient

Well, we certainly hope that everyone had a very Merry Christmas as we now prepare for the next holiday on the schedule—and it’s less than a week away. Yes, a new year is almost upon us! Many people take this week between Christmas and New Year’s Day as a time of reflection and contemplation.

Some make extravagant plans and others conjure up resolutions. Maybe it’s time to eat healthier, exercise more, spend more time with family or put in more hours at work. You get the picture. But there is one constant which runs through all of these ideas. Time management. During this edition of FranNet’s blog, we’re going to delve into a few of the finer points of allocating time and becoming more efficient.

First, take stock of your schedule as it exists now. Perhaps keep a rudimentary journal of your time for exactly one week. Be honest with yourself. If you spend over an hour a day browsing posts on Facebook, own up to it! At the end of the seven days, tally up your results. If you use a Microsoft Excel document to enter your numbers, the program even has a feature which will process your results into a handy pie-chart. We’re guessing that most of you will find out that there are a few surprises in how you spend your time each week. Would you call your results efficient? Or rather, might you find some room for improvement, freeing you up to be more productive?

Once you know what you’re dealing with, you can now take active steps to make your time work for you. Match up your inefficiencies with where you desire to spend your new-found time. Instead of posting funny memes on Twitter for an hour, decide to use that time to take up jogging, cycling or spending that hour with more family time. 

Many people may also discover that demands on their time don’t necessarily originate with you. In lots of cases, demands on time are placed upon us by others. We’re not talking about showing up for work every day (like you’re supposed to), but rather favors we do for others. If your scheduling exercise shows that you spend too much time in the service of other people at the expense of your own time, learn how to say no. In the new year, you can reclaim this time block for yourself. 

Lastly, in your time management exercise, are there any activities you can delegate to others? Are you taking on too much responsibility when you could spread it around a little? As an example, perhaps it’s time your kids began mowing the lawn, or raking leaves, or even helping out with meals and housework. Letting go of a few responsibilities that can be delegated to others is a healthy exercise.

We covered this topic today because time management is extremely important in the world of franchising. Becoming your own boss means you’ll have to allocate your time and attention like never before. We want you to be prepared because your new venture has the possibility of bringing satisfaction and rewards you only dreamed of previously. However, it takes a serious approach and time management will be at the heart of your efforts to build a successful franchise operation. Come talk to us and we’ll help you trim the inefficiencies and free up your schedule for a new life.


Let’s chat! There’s a local FranNet consultant right in your market who knows that market inside and out – knows the personality of the market – knows the competitive landscape. FranNet has a great track record of assisting individuals on their path to entrepreneurship, and one of our franchise experts would love to provide you with guidance free of charge. Sound like something you might be interested in? Get started here and find your local consultant right now!

Dec 27, 2017