When To Hire as a New Business?

[Spencer]

If you're a new business trying to Kickstart your business, it is not a good idea to hire an employee; you should try to build experience and have some skin in the game; this will help you build experience so that you will not be short-changed by your employees when you decide to hire.

Learn the ins and outs of your business and get it to a profitable level before you can hire an employee. It sounds sexy to run a business on autopilot, but if you don't have an underlying system, it's also a recipe for disaster.

 

[Mika]

It depends on your needs and resources. If you cannot handle your business by your own and if you have money to pay to your staff, you can always hire a staff for your business anytime you want. However, if you do not have money to pay, or if you do not get bombard through work load, there is absolutely not necessary to hire a staff. A new business should check twice before hiring as they should be avoiding increasing additional expenses for their business.