Is it time to hire in your small business? Your business is growing. Your monthly gross income might still fluctuate, but it’s trending upward. You end up with profit every month, after expenses. And you’re finding that you just don’t have the time to take care of everything that needs done in your business.
Is it time to hire in small your business so you can scale? Most likely!
Growing a business can be fun, scary, exhilarating, sexy, stressful and rewarding. And if you’re in it for the long haul, you’ll probably want to grow a team to help you continue your upward momentum.
The more you grow, the more you’ll want to have solid team members at your disposal–either on an ongoing basis or simply when you need an extra hand.
Hiring a team to help you scale is not something you should take lightly though. It’s more important than ever to have trusted people on your side, people who have your back and can pick up the slack for you.
Let me be crystal clear here though: Scaling is not about adding to your workload. It’s not about offering new services or selling digital products. In the truest sense, scaling is about getting more done in your business by utilizing talent. It’s about the people. Let’s explore what that looks like.Scaling is not about adding to your workload. It’s about adding to your team.Click To Tweet
Before You Hire
Of course, before you hire in your small business, your business needs to have the financial health necessary to sustain another paycheck–even if that check is a contractor. There’s nothing worse than feeling obligated to someone else’s finances.
Take a look at your expenses and your revenue. Are you making enough to pay all your recurring expenses, and to give yourself a salary? If you’re spending all your revenue on building a team, it’s worth taking a look at your goals and bottom line.Before you hire, make sure you can sustain the expenses of adding another team member.Click To Tweet
Who to Hire
Who you hire for your team is just as important as when you hire, and this often depends on what type of business you have and where you most need support. Of course, I always recommend hiring a virtual assistant first, to help take some of the administrative burden off of you. If you’re ready to scale, it’s safe to say that you probably already have this role in place.
Aside from this administrative help, it pays to have some area experts on your team. A social media manager, a copywriter and content strategist, a funnels expert, Facebook ads help, a bookkeeper, a project manager and an online business manager are all great hires at this stage of business.Your first hire should be a VA. After that, it depends on your biz and your needs. Evaluate before hiring.Click To Tweet
What to Expect
When scale, you can expect to have some of the burden of working inside your business relieved. You’ll find that you’re doing less of the day-to-day tasks and more of the visionary, higher-level and money-making tasks. You’ll be able to be the true CEO of your business, if you’re ready to delegate those other tasks.
Of course, you’ll want to assess where you need the most help and grow from there; you don’t want to hire everyone all at once. Even if you have killer systems in place, adding an entire team at the same time is a recipe for burn-out.
If you’re looking for some direction in your business, contact me! Or grab my free guide to help you define (or refine) your mission, vision and values so you can continue to grow and scale your business. When you are clear on these foundational pieces of your business, the hiring process will be much more successful.