Small business

Should ‘death cleaning’ be a Business Concept too?

Does it seem to you as if you see a lot of articles about decluttering your home? Have you seen articles for Boomers about the concept of death-cleaning done early and often? Or those about decluttering your business – usually around the new year? Still, few of us deal with our files and storage and stuffed desks unless forced to do so. I just spent some time watching a small business forced into such a ‘clean up’ by an unexpected relocation. It was tough and it was painful. Who knew that there were files from 10-12 years ago in so many places?

Disorganization costs you time – and money.

Sure, it is hard to take the time to fix your systems. This is not exciting work but it can be critical. Get it scheduled a little at a time and move forward.

Computers:
You need a solid filing system, automatic back-ups, and some external resources to cover your data and info if your system fails. I know that, you know that. But several years ago my own system failed and the back-ups were old and I did not have the data for my online software subscriptions handy.

Do it yourself or hire some help to get your systems organized. Install those malware/virus programs and set them up to run regularly.

Finances:
Be sure to talk with your accountant soon, if you have not already, about the many new tax law changes which will impact your business this year.

Every business, however small, needs a system, whether a simple book-keeping application or a more complex one. But you also need to understand and use it. Go for training. Or hire someone to help you set up your own chart of accounts and understand […]

By |June 12th, 2018|productivity, Smart practices|Comments Off on Should ‘death cleaning’ be a Business Concept too?

Should You Hire? 3 Common Mistakes

Hiring employees or independent contractors is an on-going challenge to many small -mid-size businesses. When, who, what can I afford – all come into play. These are among the most common mistakes I see.

1. What skills and experience do you really need?

Classically, smaller employers want folks to wear multiple hats. There are some people who love doing a variety of types of work each day. But the work combinations must make sense and be right for your organization’s needs.

There may be a terrific sales person who is happy to be doing administrative work half of the time – but I have not met such a combination of attributes.

Two part-timers or outsourcing each area to experts or some combination makes far more sense in situations where the work needs are very different.

2. I hate to do sales… and other tasks you dislike

I often see founders who really dislike marketing and sales work. I am not too thrilled with it myself. But in most cases, the best business developer for the business is the founder or top executive. Potential clients want to know you before they will consider hiring your firm.

This can be true of other critical business aspects as well. If your business is highly technical, clients want to see the that founder or CEO knows the technology.

And are you really ready to give up these responsibilities? Many aren’t when it comes down to doing so – and they micromanage and wonder why they are not getting their own time back or the results desired. Giving up critical parts of your job is often more difficult than you expect.

In these cases of things that you dislike doing , you may need to hire support. But […]

TO HIRE … OR NOT TO HIRE?

Some entrepreneurs rush to hire too many, too soon and cannot support them. Others wait too long and do too much low margin work hindering their success.

The decision about whether and when to add staff is always a tough one. And these economic times make it more emotionally charged. Getting the help you need to grow and succeed is critical.

So how do you decide when or whether to hire?  Ask yourself:

Question 1: Is the need actually long-term and at the core of my business?

In this case, an employee may be the best bet. Example: if you are a small organization and can hire a person who will directly support current clients, you free some time to grow the business. A retailer may be able to add hours or serve customers faster and thus increase revenue with an extra hire.

Question 2: Would out-sourcing be worth considering?

Even with a core mission and long term need, you may want to consider other options. Some functions are smart to out-source due to the technical nature of the work or the need for constant personnel/equipment upgrading. IT services come immediately to mind. Others that are critical to your success may also be in this category. Functions may also be done by a contractor, such as a bookkeeper or a virtual assistant.

Question 3: Is the need for a specific period of time?

Such work, whether for a brief period or many months, may be most effectively done by hiring someone specifically as a short-term employee or via a temporary staffing agency.

Question 4: Does the work require expertise you don’t have?

Here you may consider hiring a management or specialized consultant or a freelancer, depending on the type of work, project demands, and […]

By |September 8th, 2014|hiring|0 Comments