No one ever wants to admit when they might have bit off more than they could chew. While admirable, that type of pride can also be detrimental to your business. Sometimes, it is okay to add another member to your team to allow your company to stay afloat. Here are some good times to add on an employee or two:
When your workload begins to pile up
A piling up workload means that some leads are taking too long to get answered which could be money lost on your part. You may think paying someone will cost too much, but the cost of some extra help is far less of an expense than lost revenue and annoyed clients.
If you are a bit confused on a certain topic
Maybe you open a small coffee shop or make Etsy items, but you are not good with accounting. While you may not need to "hire" someone on as an employee for an accounting position, you are also opening your business up to another person to play a vital role in the companies workflow. This may only need to happen once your business has really taken off.
If you feel like you could use another layer to your business
Going off of the statement above on Etsy. Maybe you create cute, hand-drawn design greeting cards and your business is taking off. You may want to expand it so you can create more, so you need to hire someone with graphic design skills to take your design and make multiple copies for quicker output. This idea can carry over to any business that wants to add something new--while still relevant--to their business venture.
If you need more eyes on the job
I would say this relates most to the first statement of having more hands on deck, but sometimes you just simply need more people for work to flow smoothly. You may not be missing leads or opportunities, but the money is there and you could see that having one or two more people could be a more enjoyable experience with good outcomes. Just make sure your accounting is done correctly and you can sustain the salary.
Ways to alleviate this may be to find yourself a virtual assistant. Platforms such as Upwork and Guru offer online platforms to find workers--mostly digital to help with your tasks. If you are a brick-and-mortar business, Craigslist ads and physical Now Hiring signs will work just fine.
When did you decide you needed employees? Let us know.
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Socially Dedicated, a Philadelphia-based firm, provides marketing, content creation, public relations, business management consulting and social media management to small businesses. Check out our website or locate us on social media using the icons below.