Any business needs to grow if it’s to survive. Standing still isn’t an option if a business is to prosper and adapt to what is always a changing marketplace.
Every small business needs to target growth as its number one priority, but while growth brings new opportunities, it also brings new challenges. Having the right people becomes more important than ever as job roles become more complex and carry more responsibility.
1. Making time
Inevitably, you’ll need to hire new people to fulfil the new obligations that your company now has. But how do you make sure that you have the right people in place?
Finding new employees, interviewing them and bringing them up to speed is a time-consuming matter, but it’s also an important one.
Rushing the hiring process can be a costly mistake, and it’s better to take the time to make sure that you have the right person in the first place than to spend time and money on retraining them, or even having to fire them and start the whole recruiting process over again.
2. Attracting the right people
There’s more to finding the right employees than checking their qualifications and previous experience. They also need to fit in with your company culture, promote your company values and mix well with the rest of your team.
The easiest way to attract the right people is to make clear what your company stands for and how it operates, and see that this permeates to all levels, from office practise to advertising and brand awareness. This will attract the kind of people that share your vision, and will make it more likely that they’ll want to stay.
3. Dealing with paperwork
Sometimes, you don’t necessarily need more full-time members of staff, but just need a temporary solution so that a particular task gets done. This might be bringing in a specialist to fix your computer network, for instance. However, temporary staff can be a headache in terms of the paperwork and HR admin that needs to be dealt with.
One solution is to hire contractors who are registered with an umbrella company – an organisation that will manage contractors’ invoices, contracts and taxes, meaning less work for you and peace of mind that everything is legal and above board.
4. Keeping the right mix
As a company expands, it can often outgrow its original employees, who may no longer be capable of the additional demands and responsibilities placed upon them. Replacing people who have been with you from the start is a difficult thing to do, but sometimes it can be necessary, and sentiment shouldn’t get in the way of clear business thinking.
Rather than fire them, you may be able to move them to a more suitable post, or offer them additional training. Sometimes, the qualities that a person brings to your team aren’t obviously quantifiable, and losing them could hurt your company more than you’d expect.
Hiring should be part of an overall business strategy: what are your goals, and who do you need to achieve them? With this in mind, the right people can help your business to grow and succeed.