Momentum - Business to Business Online Magazine MOMENTUM April 2018 | Page 34

Hiring For The First Time 
 No Easy Decision Or Task
Hiring For The First Time 
 No Easy Decision Or Task
By : Sandy Cody 
 Draker Cody 
 scody @ drakercody . com
You ’ ve started a successful business that has grown to the point that you need to hire your first employee . Congratulations !
It ’ s exciting to grow , but hiring additional staff is one of the most important decisions a small business owner will make . Adding staff will give you additional responsibilities , obligations and expenses . Having employees also can give you big headaches if your new hire is not a good fit .
Our company uses the following worksheet to help guide executives in their initial and ongoing staffing processes .
Creating the Human Resource Function : Business Requirements Checklist :
• Review your business and / or strategic plan and ask yourself :
• Did the original business plan consider adding staff ?
• If it did , review the goals , objectives and criteria for adding staff .
• If the business plan did not include staff , what were the reasons ? Was the goal to remain small and not have employees ? On the other hand , was the future need for employees just overlooked ?
The answers are not right or wrong ; just consider them a starting point in examining where the company is today and what your current needs are relative to the business plan .
• Due to the growth , what areas of the business may be suffering ? Also ask yourself “ In what areas am I not proficient and could those areas use assistance from someone other than me ? The answers to these questions will establish for what functions or tasks you will want to seek assistance .
When answering the questions above , also consider “ What do I enjoy doing ? What are my strongest and weakest skills ? What am I willing to give up and trust others to do ?”
• Having decided what you can AFFORD , what YOU want to do and what you want OTHERS to do , it is time to consider the Human Resource function itself .
• All of us know that expanding our businesses to include staff brings certain obligations mandated by federal and state legislation and , in some cases , by the regulations of our particular industry . Therefore , it is critical to research what is required when we decide to have staff .
Of course , this brings many more questions to answer before you hire , including costs , tax advantages , policies , job descriptions , wage and salary plans , and more .
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• Once comfortable with the business growth and its long-term strategies , it is appropriate to revisit the plan and ask :
• Is the financial climate of the company such that it will support employees and the related costs ?
MOMENTUM / April 2018 33