If you are starting out as a one-man team, odds are likely that you will need to hire an assistant later on, especially if your small business becomes more successful. There is only so much that one person can do, no matter how efficient. Of course, hiring an assistant is troublesome as that means increased expenditure to pay for the new employee.
Furthermore, the process of hiring and training an assistant takes time and energy. You do not want to hire a new employee until you are positive that they will benefit your company down the line. Here are some factors that might make you seriously consider hiring an assistant:
Overwhelmed – As a small business owner, you will constantly feel like you are in over your head with work. But if you notice that you are consistently falling behind in time-sensitive work and it is affecting your performance, you should probably hire an assistant. When it comes to running a small business, your time is a limiting factor. There is only so much you can physically do in one day. Hiring an assistant to help out with increasing work may seem to be a drain of income at first, but the new employee will allow you to focus efforts on more important tasks at hand, ultimately leading to more revenue down the line.
Late on Processing Orders – This is a big giveaway that you need to hire somebody to help with your responsibilities. It is unprofessional, as a small business, to be consistently late with work, and you will lose customers. Rather than have that happen, make sure you hire an assistant right away. They will be able to do a lot of the necessary work to take the weight off of your shoulders. Then you can focus on working to expand your business with new potential clients.
Decreasing Quality of Life – There is always a spectrum when it comes to quality of life. When embarking on the small business path, you expect that other aspects of your life will falter. Maybe there is no more time for a social life and you lose touch with your previous friends. With increasing workload, you will lose time for other pursuits, but you should not let your quality of life drop too far that it will affect your health. This means that you need to have time to spend with family, to eat healthy, and to exercise. Health is a long-term investment, and if you let it falter, it will come back to bite you, inevitably affecting your small business.
Ultimately, trust your gut when it comes to whether or not to hire an assistant, but let these points guide you along the decision path. For more questions about running a small business, visit biz2credit.com.