Hiring and Firing

When you begin your startup business, you frequently do so alone. Some days can be overwhelming. You find yourself working long hours, weekends, and putting everything you have into your business. You reach a point where you begin missing opportunities to grow, simply because you do not have the time to pursue them.

At this point, you may decide to hire additional workers. However, how do you know if it is really time to bring on your first worker? Unfortunately, many start-up businesses find themselves in a predicament; they cannot hire a worker until they can afford their salary, they cannot afford the salary until they expand the business, and they cannot expand the business until they have help. Does this sound familiar? Although this can be a vicious cycle, with a few tips and strategic planning, you can break the cycle and grow your business with the help of your employee(s). Read More