?Some restaurant businesses fail rather quickly within the first two years of operation. The restaurant owner may have failed to understand the keys to managing time efficiently and implementing strategic plans effectively. Without this keen understanding, a restaurant owner subsequently misuses business tools, such as form restaurant checklists and restaurant inventory sheets. Thus, business growth and productivity elude the unprepared restaurateur. For the wise restaurateur like you, however, preparation begins with knowing the three keys to time management. Aside from that, you should know how to use business tools, such as as form restaurant checklists, which you can download free from helpful websites for restaurant owners and managers like you. With the aid of these planning and financial tools, restaurant management becomes a breeze. 1. Understand How Your Business Works Inside and Out The first key to efficient time management is a deep understanding of your restaurant business. Managing a restaurant requires multitasking skills and interdisciplinary knowledge. This means that as a restaurant owner you need to understand not only how your business works, but also how each of your employees functions within your business. The more you understand, the more you can do to improve your restaurant's numerous processes, such as food preparation, inventory control, and customer service management. With the use of as form restaurant checklists, you can eliminate unnecessary steps and delegate tasks for efficiency. 2. Identify The Common Issues In Your Business The second key to efficient time management is to identify the common issues in your restaurant business. When you plan for your business, take into account possible situations that can hurt your restaurant operations. This does not only involve the problems you will usually encounter in your restaurant, but also issues you may encounter outside, such as new food and beverage laws or dealing with local government regulations. You should also create a network of friends and business partners, whom you can rely on for business advice and assistance. Your business network can also be your source for industry information that can possibly affect your restaurant business. Conventions and networking events are the best places where you can build a network of your own. You can also find good people you can rely on from the Internet, such as SCORE.org and CalRest.org, which is also an organization of restaurant owners and managers in California. 3. Create The Solution The third key to achieving efficient time management is to create possible solutions to possible problems. You have already gained a clear understanding of how your business works and what each of your employees do for you. You have also identified the issues and problems you commonly encounter in the course of expanding your restaurant business. What you need to do now is to create the solutions, such as systems and processes that promote efficiency. Create systems that your employees can follow easily, but they should not hinge on one or two people to accomplish. The more skills your employees have, the more work they can do for you. When one employee who has a vital function in the process had to take a leave of absence, another can easily take his place and pitch in until the employee returns to work. A good way to train your employees in different areas of your restaurant operations is to provide as form restaurant checklists that they can easily fill up and follow through. As long as the instructions are clear, your employees will not lose their way through the different processes. Even when you have a good system in place, hitches along the way will interrupt the smooth flow of your business. Interruptions, such as emergency meetings or extended hours of work, may require you to change your schedule. Be cool and stay on track. If you take on two tasks at the same time and become overwhelmed by them, then you might fail to complete both. It is better to concentrate on one task at one time and finish it. Practice the three keys to efficient time management on a daily basis. They will help you sail through any difficult tide. As your restaurant climbs the ladder of success, you should be in the right position to implement your time management skills effectively.