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21. To Hire or Not to Hire: That is the question client's are asking
Episode 214th July 2024 • Profitable Women • Sheila Hansen
00:00:00 00:16:25

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Join us in this episode of Profitable Women as we tackle the critical questions around whether to hire or not to hire, such as when to do it, what problems it solves, and the new challenges it might create. We'll explore why hiring is not always the solution to overworking and how increasing your profitability might be the more immediate answer to your cash flow concerns. You'll hear practical advice on understanding your financial numbers and boosting profitability through value enhancement and efficiency. By the end of the episode, you'll be equipped with the knowledge to assess whether hiring is truly the next best step for your business.

 

In this episode, we cover: 

  • The complex decision-making process behind deciding to hire or not to hire, guiding you to pinpoint whether bringing in new team members is right for your business.
  • Two pivotal questions: "Can I afford to hire?" and "Should I hire for additional capacity?" 
  • Practical insights into understanding and boosting your financial numbers, maximizing efficiency, and enhancing value for your clients, all without immediately turning to hiring. 
  • Tools that equip you to make informed decisions that will drive your business’s growth and sustainability.

 

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Find the complete show notes here: https://hansenllc.net/to-hire-or-not-to-hire-that-is-the-question-clients-are-asking-episode-2

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