5 Secrets For Growing A Small Business Team - 1000-likes.com

Posted by | September 03, 2016 | Business Tips | No Comments

At some point in time, every successful small business needs to think about growing their team. Even those mompreneurs working from home will soon realise that when things get good, you always need help. But when it comes to building a team, there’s a right way and a wrong way of doing things. I’ve put together this brief guide to reveal five secrets which should sign some light on the process. Read on to find out more!

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Ask ‘The Big Question.’

The first question you should ask is whether you need to start hiring people full-time. It’s a big expense when you start taking on employees – and it might not be necessary right at this moment. Small businesses and mompreneurs should always investigate other business services and consider outsourcing. It will save you money, give you more experience and skills on board, and is far more efficient.

Understand What You Need

When you start building a team, it can be tempting to see it as an opportunity to become ‘The Boss’. You might like the idea that all your hard work has come to fruition, and you will finally get the chance to put your feet up. Do not, under any circumstances, start thinking like this. You’re still a small business. There are many long and arduous roads ahead. And you are likely to make silly decisions when it comes to hiring people. Sure, it’d be good to have an admin assistant. But identifying what your business needs and what will improve your business is the priority here.

Lay the Foundations

Make sure you are ready to take on new employees. There is a lot more responsibility waiting for you. There are finances to consider – wages, taxes, benefits and new equipment will all need to be paid for. You will also have your employee’s safety as a new responsibility that you won’t be used to as a mompreneur. You might benefit from investing in some health and safety training, for example. You could also look into outsourcing your human resources.

Develop Your Business Culture

It’s a lot easier to state your business culture when you are working on your own. But the second you start building a team, it can get tricky. Everyone will be working closely with each other, and it is vital that they get on. But it is also crucial that they understand the business culture you want to portray. In many cases, hiring the person that is the right fit for your business means looking at personality rather than qualifications.  

Recruit To Retain

Finally, recruitment is expensive. And if people keep leaving your company it can cost a fortune to replace them. It’s important, then, to be honest about your expectations – and what you will give your employees in return. You won’t be able to match the wages of bigger companies in your industry. But you can bring in extra benefits, and create a better work-life environment. You can also tempt people by offering shares in your company. It will help them focus on making your business a success if they can see the rewards on the road ahead.