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At Growing Your Team, we are the experts on building the team that allows your business to scale.
Simplifying the process of hiring the right team members to save you valuable time and earn you more revenue.
When to Hire an Employee
Knowing when to hire an employee is essential for business success. Before you add people to your small business team, you must make sure that you need employees and that your business can support each new hire.
When it comes to determining if your business needs to hire a new employee, there are multiple factors to consider. Whether you are trying to decide if it’s time to add your first employee or an additional employee to your small business, you should have at least one clear need for that staff member.
Let’s review some of the most common reasons for when to hire an employee.
You Cannot Keep Up with Demand
If you find yourself consistently having to say no to your ideal client or project, or that you are unable to accept additional work or product requests, it might be time to add another employee.
Hiring can help you keep up with the demand. A new employee can assist with the revenue-producing workload or take over lower value tasks so you can spend more time on revenue generating items.
In turn, your current clients stay satisfied, and you can possibly accommodate more work which increases your revenue opportunities.
Is it Time To Hire An Employee for your small business?
Take the quiz to find out if it’s time to hire your first employee or add another employee to your company.
Your Company Lacks a Needed Skill Set
Another sign that it’s time to add an employee is that you realize that you are missing a skill set that is needed frequently.
If you want to be successful long-term, you cannot be a jack-of-all-trades. You cannot do everything well, and some things are not worth your time and energy to learn.
An employee who specializes in the skill set or has the knowledge that the business currently lacks might be just what is needed to achieve current goals quicker or at all.
You’re Losing Customers
When you do not have enough hands or available hours within your business, customer service can start to fall short. Customers who do not get the service they desire will most likely take their business elsewhere.
Therefore, losing sales and clients due to customer service levels is a sign for when to hire an employee.
An employee can help answer the phone, respond to important emails, help provide services, produce products, and stay on top of product or project deadlines, so your customers stay happy.
You’re Unable to Explore New Opportunities
While you might be able to handle the current workload, a sign that it’s time to add an employee is that you cannot explore new opportunities.
You have ideas on how to expand. Maybe you want to open a second location, add a new product offering, or even open a new business.
However, you cannot do so if all your time and energy are spent on your current company, clients, and product offerings.
Adding an employee can help you explore the opportunities you are putting off today.
When to hire an employee?
Before you hire an employee, you must need employees. Maybe you need to expand from a business of one to a team, or perhaps you’re realizing that your current staff is not enough for the needs within your company.
Once you have identified that you have a need for an employee, the next step is to make sure that your business can support that employee. Read 7 Signs It’s Time to Hire Your First Employee to learn more.
Is it Time To Hire An Employee for your small business?
Take the quiz to find out if it’s time to hire your first employee or add another employee to your company.
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