You might be at a stage in your business where it seems as though you have a choice to make: should you hire someone or not? For many business owners, this is not a question they even entertain; they want to grow their business and make it successful, and in order to do that, they need to have people working for them. It’s that simple.
Yet it might not actually be that simple. It might be that hiring someone – or many people – is a bad idea and could do more harm than good when it comes to your business and the success you envision. The fact is, just because you can hire someone doesn’t mean you should, and it certainly doesn’t mean that you have to. With that in mind, here are some of the signs that your business doesn’t need to hire anyone. This could help you a lot.
1: You Could Promote
Assuming you already have some employees in place, perhaps, instead of employing someone new, you could promote someone instead. This would be more cost-effective for a number of reasons. To begin with, you won’t have to go through all the onboarding and training that would be required for someone new, which can be very expensive. The hiring process itself is also expensive, and when you promote, you won’t have to advertise, spend your time interviewing and reading resumés, and you won’t have to pay a recruitment company either.
As well as this, promoting from within shows your team that you are interested in their career progression. If they see that progression is possible, they will be much more productive and loyal, and they will work harder for their own chance to move forward.
2: You Could Automate
What exactly is it that you want the new staff member to do? Is it something specific and skilled that requires a human touch, or is it a series of tasks that have to be done to keep your business going, but that aren’t skilled or even all that interesting?
If it’s the former, then hiring someone with those skills could be the best option. However, if it’s the latter, automation could be the right move since the evolution of robotic process automation is taking over the business world. Using robotic process automation technology for your organization means that you can have all of those tasks dealt with and not have to hire anyone at all. This will save you money in the long term since there will be no ongoing staffing costs to consider, and it will free up any team members you already have to do more skilled tasks within your business.
3: You Could Outsource
Not everyone is comfortable hiring staff. You might want to keep working by yourself, and the idea of being responsible for other people doesn’t fill you with much joy. Yet despite this, you can’t do it all alone – your business is growing, and you need some help, or there are aspects of business that you don’t understand and that pull you away from your main role. What can you do?
The good news is you don’t have to hire anyone if you don’t want to, even if it seems as though you might have to. The truth is you can outsource almost anything to your business, including marketing, admin, customer service, accounting, and so on.
Use outsourcing to help your business and you won’t have to hire anyone if you don’t want to.