Could you use some support?

How’s business?

Busier than ever??

It might be time to bring some new team members on board!

When your business is growing and scaling and you find yourself taking on more clients than you can handle, it’s time to get more support!

Hiring a new team member can be a little daunting- especially if you didn’t include it in the budget. But sometimes you have to hire before it’s in your budget in order to support your growth goals.

Here are 4 key indicators that’s it’s time to hire:

·   You’re bringing in more clients than you can handle

·   Your team is falling behind on deadlines, or working overtime to keep up with demand

·   You’re spending too much of your valuable time on tasks that could be delegated

·   Your P&L statements show that your sales are increasing every month

Once you know it’s time to hire someone, you have to make a big decision- how are you going to pay them??

You might have more room in your budget for your new hire’s salary than you realize.

Check out your profit bucket- how much can you afford to reinvest in your business? A new hire is certainly an investment in your company’s future, and a great way to allocate those funds!

If you still have EIDL or emergency loan funding, you can use that to bring someone on board quickly so your business can keep growing.

Even if your budget won’t support the base salary your new hire requests, you can offer performance-based compensation to sweeten the deal.

Choose team members that are motivated by challenge and growth and measure their success by how well your company does.

If you base a portion of your new hire’s compensation on company-wide goals and growth, everybody gets paid for a job well done. When the company wins, everybody wins!!

If you’re wondering if the time is right to add to your team, send me a message. I’d love to help you look over your numbers and determine the best way to keep your company growing.