Accountancy Resources
If your business has grown enough that you can no longer do it all by yourself, how do you go about expanding? Things are simple now, even if they are busy. Looking to bring your first recruit on board is a huge step. It’s also a huge investment in the business. How do you get it right?
Firstly, don’t underestimate just how big a step this is. You need to be sure that the time is right. Get it wrong and it could be costly as well as pose cash flow difficulties. You’ll know it’s time to bring in your first employee when:
You don’t start with a job advert. Particularly vital for small businesses who are recruiting in to newly created roles, you need to clearly define the role. There need to be clear and realistic expectations. This will also help you ascertain whether you need to look for someone on a full or part time basis.
Only when you have a good understanding of the role and your requirements are you ready to embark on recruitment itself. The defined role will inevitably highlight the skills, qualifications and attributes you are looking for. Advertise, screen candidates, and then interview against the defined job role.
How you advertise will depend on the nature of your business. You can consider job boards, job centres, social media, your own website, recruitment agencies or even head hunters.
Remember that you are going to be working closely with this first employee. It is vital that you select an individual who doesn’t just meet your skills criteria, but also is a good match for your business relationship. Being involved in the business in this early stage requires an individual who is flexible and innovative too.
This Gov.uk guide is useful for ensuring you dot the legal I’s. You will now need to ensure:
Not only do you need to be clear about the legalities and the role you are recruiting for, now is a time to be immensely honest with yourself. It will be considerably easier for the new employee to find their feet and contribute to the business if you are clear about the role you play in the business and as their boss.
You are now going to be a manager, not simply a business owner. You therefore need to establish professional boundaries and give due thought to your managerial ability. If you have shortfalls, then now is the time to address them with training or mentorship. Taking on your first employee is exciting. Be sure to get it right.
Are you ready to hire your first employee? Let us know how you get on!
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