Business Hacks That All Good Employers Need To KnowBy
Lots of business owners dream of growing their company to the point where they need to hire a team of employees. This shows that you have successfully developed your company so much so that you can now afford to bring new people into it. Congratulations! While this is certainly a time to celebrate, it is also necessary to take some time to ensure that you are still on top of the business so that it continues to grow and develop in the way that you had always envisioned. This can be tricky when you are also trying to manage some new staff.
To make this period easier for you to handle, here are some insightful business hacks that all good employers need to know.
Streamline The Recruitment Process
You will now have had to introduce a recruitment process in order to ensure that you are hiring the best possible applicants for each open position. This whole process will no doubt be a very new system for your company and, as a result, you could find that there are some initial teething problems with it. The best way to try and iron these out is to keep the whole process as streamlined as possible. For example, there is no point of having more than one round of interviews, as it will unnecessarily lengthen the whole recruitment process.
Outsource Certain Tasks
It’s always important that you carry out your own bookkeeping, payroll, and arranging business checks every now and then so that you can make sure your finances are still right on track. However, it is also worth outsourcing some of these checks, especially when they are related to your taxes and HR. You will find that hiring a freelance accountant to carry out your bookkeeping and taxes often works out a lot more cost effective compared with doing it yourself. HR contractors can also help you figure out an efficient payroll method and can also take over part of your recruitment process.
Get Technical With Your To-Do Lists
All good business owners have a to-do list. This makes sure that they can work through their daily tasks without forgetting anything. But these days it is a good idea to move away from the traditional method of just writing down your list and, instead, entering it into one of the many to-do list apps that are available for smartphones and tablet devices. Lots of these apps can help you improve your productivity by setting reminders for you and syncing with your online calendar.
Don’t Forget About One-On-One Time
As your company starts to grow, you will find that you start to lose track of one-to-one meetings with your employees. Don’t! You need to make sure that you try to always make time for your employees whenever they need to. Ideally, you should employ an open-door policy and allow them to pop into your office to see you whenever they like. This will do wonders for their morale and motivation.
These hacks will really help you to improve your growing business. They’ll also keep employees happy at the same time!