{"id":6328,"date":"2024-01-01T09:25:53","date_gmt":"2023-12-31T22:25:53","guid":{"rendered":"https:\/\/ghr.com.au\/?p=6328"},"modified":"2024-01-04T09:44:57","modified_gmt":"2024-01-03T22:44:57","slug":"the-leap-of-hiring-your-first-employee","status":"publish","type":"post","link":"https:\/\/ghr.com.au\/the-leap-of-hiring-your-first-employee\/","title":{"rendered":"The leap of hiring your first employee"},"content":{"rendered":"<p><span style=\"font-weight: 400\">When starting a business, you often wear all the hats &#8211; CEO, salesperson, marketer, and even janitor. But as your business grows, you&#8217;ll eventually hit a wall. There&#8217;s only so much you can do on your own. That&#8217;s when you might need to consider hiring your first employee.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Hiring someone brings many benefits. It can double your workforce, free up your time to focus on the business, and introduce new skills into your company. However, the decision to hire your first employee isn&#8217;t straightforward. It&#8217;s a leap of faith. You must look beyond the immediate cash flow and anticipation of sales growth.<\/span><\/p>\n<h3><b>Signs that you&#8217;ve reached capacity<\/b><\/h3>\n<p><span style=\"font-weight: 400\">You&#8217;ll know you&#8217;ve reached capacity when:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">You&#8217;re getting more orders or more customers than you can manage.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Customer complaints over delays are increasing.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">You&#8217;re working non-stop, and administrative tasks are taking up most of your time.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">You\u2019ve started to say \u2018no\u2019 to new work, potentially missing new business opportunities.<\/span><\/li>\n<\/ul>\n<h3><b>Reducing hiring risks<\/b><\/h3>\n<p><span style=\"font-weight: 400\">If a full-time employee seems too expensive, consider part-time, casual, or contracting options.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">A part-time employee gives you extra help without the full-time cost.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Casual workers can be called on as required.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Contractors can be hired for specific project-oriented needs.<\/span><\/li>\n<\/ul>\n<h3><b>Considering experience levels<\/b><\/h3>\n<p><span style=\"font-weight: 400\">When hiring, consider the level of experience you need. More experienced workers can become productive faster, but they may come with higher costs.<\/span><\/p>\n<h3><b>Calculating costs and potential<\/b><\/h3>\n<p><span style=\"font-weight: 400\">It&#8217;s crucial to calculate the total cost of employment, including their salary, benefits, equipment, recruitment, and training costs. At the same time, understand the potential that hiring an employee brings. It changes your business from being about achieving results through your efforts to achieving results through others.<\/span><\/p>\n<h3><b>Trusting your intuition<\/b><\/h3>\n<p><span style=\"font-weight: 400\">Hiring your first employee is a big step. But remember, it&#8217;s also one of the most worthwhile and rewarding things you can do. It&#8217;s more than just increasing your company&#8217;s bandwidth &#8211; it&#8217;s about fostering careers and contributing to families. And in return, they contribute to your business&#8217;s success and profit.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As a business owner, there may come a time when you need to take a deep breath and make the leap. Trust your intuition and make the decision that feels right for you and your growing enterprise.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Talk to us &#8211; we can help you through this process.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When starting a business, you often wear all the hats &#8211; CEO, salesperson, marketer, and even janitor. But as your business grows, you&#8217;ll eventually hit a wall. There&#8217;s only so much you can do on your own. That&#8217;s when you might need to consider hiring your first employee. Hiring someone brings many benefits. It can &hellip; <a href=\"https:\/\/ghr.com.au\/the-leap-of-hiring-your-first-employee\/\">Continued<\/a><\/p>\n","protected":false},"author":2,"featured_media":6330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[1],"tags":[],"jetpack_publicize_connections":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The leap of hiring your first employee - GHR Accounting Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ghr.com.au\/the-leap-of-hiring-your-first-employee\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The leap of hiring your first employee - GHR Accounting Group\" \/>\n<meta property=\"og:description\" content=\"When starting a business, you often wear all the hats &#8211; CEO, salesperson, marketer, and even janitor. 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