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Your business is growing and the need to hire a team member is becoming apparent. However, you’re hesitant to start your search because you’re stuck trying to answer this one simple question- “Can I afford to hire a team member?”
It is a common and very nerve-racking question for small business owners. It’s also a very important question to answer before you add the expense of a team member because if you add a team member you cannot afford, you can quickly drain your financial resources.
Whether you can afford to hire a team member means more that evaluating if you can cover the cost of their pay. It also takes evaluating that position’s impact on your company.
So, can you afford to hire a team member? Here are some of the important things to consider as you determine what is best for your business.
Hiring is a serious matter. Hiring the wrong person or filling the wrong position could mean not only the loss in quality of work but money. Learn the top 3 hiring mistakes so you can ensure you hire the best person every time.
For businesses not ready to take the jump into hiring their first full-time employee, hiring a virtual assistant may be the answer. Before you hire one, it’s important to be able to answer the question “What is a virtual assistant?”
Have a revolving door of bad hires within your small business? Learn how stop the bad hires and gain the loyal and reliable team members you want.
Have you ever thought about hiring employees on a trial basis? If it’s a part of your hiring process, stop immediately and read this article!
Employees will make mistakes. Even your best employees are going to make a mistake and it will have an impact on your small business.
If you mismanage the mistake or react in a nonconstructive manner, it could have a lasting negative impact on your employee, your clients, and your bottom line.
Learn how to handle employee mistakes in your business correctly.
The act of delegating can be a challenge for many small business owners. Learn three reasons why you might find it hard to give work to your employees.
As a small business owner, leading your first employee or team can be a challenge. This good news is, it is a challenge you can get through. Read these 5 employee management tips to help ease your journey.
Whether it is in recognition for a work achievement, to celebrate a birthday, holiday or end of the year, or for a work anniversary, giving your employees gifts can be a great way to show them that you appreciate them and their work. Selecting the right gifts for employees can sometimes be a challenge. To help you with your gift selection, enjoy a list of items employee say they want and a few items employees do not appreciate.
Millennials are said to be a problematic generation in the workplace. Managing Millennials does not have to be a challenge. Learn tips on how to successfully manage the millennials within your small business.
Every business has two types of expenses: those you can see and track, and hidden business expenses. Both impact your bottom line, but most small business owners only focus on the costs they can see when looking at the financial health of their business. Are you like the typical business owner?
You need to know that hidden business expenses affect your company’s financial health as well. To better gauge what you can do to impact your company’s bottom line positively, you must understand both types of expenses.
Have you been wondering if it’s the right time to join a mastermind as a small business owner? Being a part of a mastermind can have a significant impact on your business and help you achieve your business goals that seem like only dreams today.
To help you see how a mastermind will help you, check out these five reasons you should join a mastermind as a small business owner.
Facebook groups are a powerful and effective way to grow your business and your skill set. Each with a different focus, learn why you need to join these six amazing facebook groups.
Is one of your top struggles time management? With so many time management tips and techniques available for us to apply, there is one time management practice you can stop doing today. That one time management practice is multitasking.
Read more to learn why you should stop multitasking today.
Networking is important if you want to grow your business. To help you have the most successful networking engagements, please enjoy my favorite networking quotes and what they mean to me.
Check out my feature on the Live Free Podcast where I talk about how to know if you’re in a freelancer vs employee role, how to avoid being taken advantage of, and what you can do to set yourself up for success from the start.
In April 2019, I was featured on The Business Happy Hour show.
Listen to the reply today and hear our conversation about hiring and managing employees.
You run a business from home, and your kids are home with you for either all or part of the day. Does this make you a Work-From-Home-Mom or a Stay-At-Home-Mom? Does the title matter? In my opinion, it does. I also believe that selecting the wrong title for your situation can hinder your chances of success. So, which one are you?
In September, I told myself one thing: I need a break from work. As an entrepreneur, I couldn’t just pause my business. I had to be strategic about my break. Learn how I was able to give myself the time needed while still moving my business forward.
Entrepreneurship is hard. You envision success, but the path will be full of challenges. How do you know when enough is enough? That’s why all entrepreneurs need a reason to quit. Do you have yours?