As a solopreneur of a small business, you’ve invested your time, money, talents, and tears. You’ve passed several milestones, helping your business to grow from something small and straggling to a real success. Now it might just be time for the next step. Here are a few signs that it’s time for your small business to start hiring employees.
- You Can’t Cover All Bases
- Your Extra Work Fits Into One Skill Set
- Your Clientele Are Unhappy
- You’re Refusing Extra Work
- Survival Takes Up All Your Time
- You’re Willing to Invest in Recruiting and Training
- You Can Afford It Right Now
- You Want More Brought to the Table
- You Eat, Sleep, and Breathe Your Business
- You Don’t Love What You Do Anymore
You Can’t Cover All Bases
As a small business owner working alone, you have to juggle getting customer orders put together, answering client phone calls, returning messages and emails, processing money, creating and publishing content, bookkeeping, making brochures, promoting, collaborating, and much more. If your small business has suddenly started to feel not quite so small, it might be time to call in some help.
Your Extra Work Fits Into One Skill Set
Write out a list of the work you’re having trouble covering and ask yourself whether it could reasonably stand under one job title. For instance, if you’re missing phone calls, can’t find the time to message your clients back, and struggle with getting your bookkeeping organized, you could look into hiring an answering service or virtual assistant. If you struggle to create content, publish on time, create brochures, and promote your work, you could advertise for a content creator.
Your Clientele Are Unhappy
When you’re stretched too thin, it goes without saying that the quality of your work is going to suffer as a result. This reflects badly on your business, especially if as little as one disgruntled customer decides to spread the word. If you’re having trouble keeping your clientele satisfied, or worse yet if you’re losing clients, then you probably need to take on some help.
You’re Refusing Extra Work
Refusing extra work and sending potential clients away empty-handed can also be a bad reflection on your business. After all, you can’t grow as a business if you don’t branch out and reach more customers. If you’re sacrificing the opportunity for growth and expansion because you’re too overtaxed, it might be time to consider bringing someone in to help you.
Survival Takes Up All Your Time
Growing a business is not synonymous with keeping a business from failing. If you’re only just keeping your head above water, chances are your business has stopped growing. Taking on some help might just be the answer to getting out of that rut.
You’re Willing to Invest in Recruiting and Training
Do you feel that you’re ready and willing to invest your time and money in interviewing, hiring, and training people? Can you manage the responsibilities that come of being a strong leader to a team of employees? If you’re confident enough in your work that you feel ready to train others to follow in your footsteps, then chances are you’re ready to take on some employees.
You Can Afford It Right Now
There’s no denying that an employee is an investment. Do the math and consider the costs of a salary, employee benefits, office space and supplies, coffee, and anything else your employees will need. Remember that taking on skilled employees will usually serve you well in the long run. Are the combined expenses going to set you back to the point that you won’t be able to recover, or will you be able to reap the benefits before long?
You Want More Brought to the Table
Running a business takes a myriad of different talents, and a successful business hires its employees with that in mind. A good team of employees has a certain set of skills that will benefit the workplace and complement each other. If you find certain parts of your business floundering because you lack the skills to maintain them, it might be time to bring in some new talent to help out.
You Eat, Sleep, and Breathe Your Business
Do you find yourself regarding weekends and holidays as a hindrance to your overloaded work schedule, instead of a blessing that will ultimately help you become more productive? Dedication is an admirable trait, but if you’re so invested in your work that you don’t have any time for yourself, you’re bound to face burnout sooner or later. The most successful business owners prioritize self-care over workaholism, and they know when to delegate tasks.
You Don’t Love What You Do Anymore
Chances are you started a business because you had a passion that you were unusually good at and that you loved doing. You probably didn’t anticipate how much of your day would be spent doing business tasks that you feel anything but passionate about. Of course, there will be good days and bad days, but if you find your love for your passion is regularly getting crushed beneath a pile of paperwork, it might be time to bring in some help.
Hiring employees is one of the major stages in growing a small business. Take a look at your own business and ask yourself whether it’s a step that it’s time for you to take.