It’s exciting – your business is building momentum and you are starting to get really busy! Before you start to get stressed out and drown in work, start thinking about growing your team.
Your team is the key to your success. For the new business owner, they can free up your time so you can focus on the areas that make the most impact to your business - customer service and planning for growth. Imagine getting someone else to do the many repetitive day-to-day tasks you are not good at (and don’t even like!) to allow you to focus on the fun stuff – like bringing in new jobs! You can accomplish so much more when you have the right people to support you.
Here are some tips for your first hire:
Start by making a list of the tasks you do on a regular basis. From this list, highlight the items that are easy to hand off without too much training. Also identify the items you do not like to do or are not good at. For instance, I think bookkeeping is one of the first items to be handed off!
Your list becomes the start of the job description.
2. Identify the type of resources you need
Do you need a specialist (like a bookkeeper), or an administrative assistant that helps you with the day-to-day tasks?
As a new business, you may not have enough volume of work to keep a full time person busy so contractors or vendors are a great alternative. Their rates are higher but your monthly cost may be lower because they work less hours.
When hiring a contractor, make sure you are not their only client. If you are, then the government may consider them an employee so you now have to deal with Income Tax, EI, CPP and vacation pay. If you have to do that, then a bookkeeper that can handle payroll is recommended.
3. Finding the right person
Now the fun begins - interviewing and finding the right person! Here are some quick tips:
- Beware when choosing a close friend. This is a business arrangement and if it does not work out, you risk losing a friendship.
- Free or very low rates might mean you won’t get a good response to your requests. If they do provide you great service, then acknowledge this and make sure they know you appreciate them.
- When looking at vendors (like bookkeepers or graphic designers), feel free to interview 3 companies and choose the one that best aligns with you. Asking for referrals help too.
- Make sure their core values and work habits align with yours.
- If something does not feel right, then listen to your intuition. We do not want to try and fit a square peg into a round hole.
There are many more things you can look for but this is a good start. If you need help, please feel free to reach out to us for a free initial consultation.
Good luck and congratulations on the growth of your company. You are entering a new stage of your business!