When you are a business person, you will inevitably dream of the day when you can outsource all the irritating and time-consuming tasks that fill up your calendar and step back from working in your company.ย
Hiring a team also gives you the satisfaction that you have succeeded in some regard because your business has become large enough to sustain other people’s livelihoods.ย Of course, while it might seem as though hiring a team represents the easy part of running a business, nothing could be further from the truth. In actuality, the hard work has only just begun.
Why? Because handing over the daily completion of crucial corporate tasks to other people is a recipe for disaster if you don’t hire, train and manage them correctly.ย Indeed, you can actually end up working longer hours, stressing more, and risking the failure of your business after hiring employees rather than before.ย
Luckily, as long as you cover a few crucial bases (such as employment law, creating easy-to-follow SOPs for each role, and hiring people who share your values), you will enjoy growing a productive team who are all pulling in the same direction.ย
Here are three details you need to understand before hiring a team for your business:
Have a strong understanding of employment law
One of the most underrated aspects of building a team for your business is the legal side of it.ย If you don’t know what your rights are, what your employee’s rights are, and how to run a team in a way that satisfies every regulation your business answers to, then you will be left incredibly vulnerable to legal action or even prison time. For example, you need to have a working understanding of FLSA Exemption Claims, which ensures that all employees are paid at least the minimum wage for all hours worked.ย By ensuring you are operating to the rulebook, not only will you avoid legal trouble, but you will find it easier to manage your team effectively.
Create standard operating procedures for each role
Another critical aspect of hiring a team for your business is the process of training them to complete tasks to the best of their abilities – and in a way that is easily repeatable. By doing this, you will ensure that each employee is reliable, consistent and is raising the productivity of your company as a whole.
A great way to make this task easier is to create standard operating procedures for each role. By essentially boiling down each role’s subtasks into an easy-to-follow process, your team will be able to complete their work to the exact standard that you yourself would achieve.ย
Hire people who share your values
Finally, you need to foster a work culture that is healthy, positive, and reflects your own values.ย A common mistake that entrepreneurs make is to hire people who do not share their personal values (or that of their brand). While everyone is entitled to their own approaches, having a team of completely opposing individuals will only destroy your productivity and make your business a confusing place to work.
Outsourcing can be a good alternative to hiring! So, be mindful!
Outsourcing can be a better alternative than hiring for several reasons. First, it provides access to a wider talent pool (think Yeeply), allowing businesses to tap into specialized skills and expertise not available internally. This brings a level of proficiency that might be hard to achieve with an in-house team. Second, outsourcing eliminates the need for extensive recruitment processes, saving time and resources. It also reduces the burden of administrative tasks like payroll and benefits management.
Additionally, outsourcing allows businesses to scale their operations more flexibly, adjusting resources based on project demands. Outsourcing partners often have established processes and experience in handling specific tasks, leading to improved efficiency and faster project completion. For instance, in the medical field, outsourcing to staffing providers for medical administrative assistance can help practitioners handle essential yet time-consuming tasks such as managing patient records, coordinating appointments, and handling billing, remotely. A virtual administrative assistant is generally trained to support medical teams effectively, ensuring that operations run smoothly without overloading in-house staff. Moreover, outsourcing enables businesses to focus on their core competencies while leaving specialized tasks to external experts. Overall, it can provide cost-effectiveness, access to top-notch talent, and increased agility, making it a favorable option for many organizations.
Hiring the right team is a pivotal step in driving your business toward success. By thoroughly understanding the key details-such as the skills your business needs, the cultural fit of potential candidates, and the cost-benefit of outsourcing versus in-house hiring-you can build a strong foundation for your company’s growth. Investing time in making informed decisions will not only save you resources but also ensure your team aligns with your long-term vision. Remember, a well-chosen team is more than a workforce; it’s a strategic partner in achieving your business goals.
Infographic created by PlusOne Solutions, explore comprehensive contractor compliance solutions for your business