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New Year, New Hires – Growing Your Business With New Employees

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New Year, New Hires – Growing Your Business With New Employees

By kmurray, Contributor and Moderator
Published: January 2, 2014

If the new year could mean new hires for your small business, there’s a lot to think about. Here’s some insight to consider from experts interviewed for SBA’s Learning Center Series, “Strategies for Growth.” They’ve shared some lessons they’ve learned that can help you develop a plan for expanding your team.

Short and sweet job descriptions

Casey Wilson, Retail Industry Manager, Maryland Small Business Development Center, asserts the importance of a clear, well written job description: “The position needs to be well defined in how it will contribute to the business’s growth and success. It doesn’t have to be complicated, but direct and to the point with the main responsibilities for the person.”

Communicate your vision and mission

Wilson also stresses the important of being able to clearly communicate your company’s vision statement – and mission statement, which is how you’ll accomplish that vision. Be able to “explain your reason for being” in a 30-second elevator pitch in an interview.

By clearly communicating “who” your company is and how you accomplish your goals, you’ll have a better idea during the interview process if a potential hire will be a good fit in contributing to your business’s success.

Incentivize current employees

Your current employees may be a great resource for new hires. Some business owners, like Jeanna Sellmeyer of ASSET Group, Inc., offer cash incentives to employees who refer qualified candidates. If those candidates become part of the team and stick around for a certain amount of time – usually a year – that referring employee gets a little something extra in the next payroll.

Your employees can help bring in talent on par with your standards; after all, they don’t want to compromise their own jobs. Making it financially work their while to help grow the company can help keep your employees motivated and give you confidence that you’ll have promising prospects.

Clients can help

Mary Tappouni of Breaking Ground Contracting has said that clients can be a great source of advice on personnel decisions. Customers that her company has had for years have become friends, and she values how they can look at potential hires not only as someone who might be a good fit for the company, but also as someone they’d want to do business with.

It’s important that as the company grows, Tappouni says, clients feel comfortable that the people you’re hiring will take care of them with the same level of quality that’s always existed in the business relationship.

So, involve some of these trusted clients in the interview process and gather feedback as you move forward with making a decision.

Additional Resources

About the Author:

Katie Murray

Contributor and Moderator

I am an author and moderator for the the SBA.gov Community. I'll share useful information for your entrepreneurial endeavors and help point you in the right direction to find other resources for your small business needs. Our ongoing goal is to improve this site to meet your needs, so we're happy to receive your feedback and participation. Thanks for joining our online Community here at SBA.gov!

Comments:

Happy new year for your company.... I hope your company goodluck!
0 votes Interesting post, hope we all can make use of this opportunity to make it big in current market scenario. the Mentor-Protégé Program is truly interesting & a great way to get financial loans when required.
My business intend to hire 10 employee but not really easy to find the appropriate person and a reasonable wage.
There are some useful tips in the article if you are in the market for hiring employees.Whenever you are looking for filling a post, I recommend looking at your existing pool first. Is there someone who can be elevated to take care of the job you have in mind. Try to fill in the vacancy from within and then look out. It serves as an incentive to the employee because he knows his hardwork, loyalty and initiative have all been rewarded. Job rotation and job satisfaction are very big motivators.
I have a plan to develop my company with twice revenue compared to last year. I also need to hire more new employees on this year. Hope i can recruit good ones. Thanks for your helpful post.
Hi, Jose! I'm glad the article helped you; best of luck hiring in 2014!
"Your employees can help bring in talent on par with your standards." You've already taken the time to research, interview, and hire your current employees. Giving your workforce an incentive to help in the hiring process further engages your current staff and can help you hire like-minded individuals who have the similar talents and work ethics that you are already used to from your current employees. It helps save you time in the hiring process and provides you with better candidates to choose from.
That's an interesting and helpful post for my company. My company currently has 50 employees and has been successful in 2013. I plan to hire 50 employees more in 2014 and hope my bussiness to grow more.
Thank you for this information. I think the most difficult component in hiring is making sure that the person is the right fit. Thanks.
Very informative article!! All the best for small businesses in 2014

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