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As a small business owner keeping a constant, eagle eye on expenses, one of your biggest can also be one of your most challenging: Your staff. Managing your employee expense can be a juggling act, as you try to keep it not too big and at the same time, not too small. And here’s the tricky part: While you’re busy keeping your staff expense in check, a legitimate need to grow your team can really sneak up on you. It may take a while for you to recognize it. Many miss is altogether until it is (almost) too late.
There are some signs to watch out for, signs that tell you it’s probably time to expand your staff. Being aware will go a long way in helping you recognize them when the time comes.
Recognizing the need is the first important step in successfully growing your staff and ensuring that your human resources are up to the task at hand. Then the work begins: As contributor Marshall Lee describes on DNB’s Business Research(businessresearch.dnb.com), Hiring, Managing, and Growing Your Small-Business Team. Lee says (correctly) that building a team means developing your most important business resource: Your employees.
“They are the heart and soul of your business,” he says. “…to succeed, you will need to grow your small business team with care, patience, and respect.”
Many small business owners, at least in the beginning, are accustomed to being “one-man bands.” If you’re among those setting out to build a team for the first time, be sure to check out the five simple steps to grow your team at yfsentrepreneur.com. Writes contributor Stephanie Goetsch:
“If it turns into too much for you to handle on your own, congratulations—it’s a great challenge to have….It’s time for team expansion.”
Image courtesy of Vlado / FreeDigitalPhotos.net
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