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Did You Plan To Employ Someone Later On, Before You Started Trading?

Allegrif

Allegrif

New Member
From the word go, it was always my aim to get to the point where I could hire someone. I planned that much right from the start. Did you? If so, did you ever make it to that point, or did you change your plans along the way?
 
St Rhenium

St Rhenium

New Member
I started out as a sole trader, now I have freelancers working under me and a personal assistant. I didn't really plan any of that, but I'm not complaining one ounce. The business will take you wherever the business takes you, and there's not an awful lot of planning you can do in many cases.
 
selfemployed

selfemployed

Active Member
Freelance workers would be my preferred route as there are a lot of hidden costs when it comes to employing people on the books - extra tax payments, holiday pay and sick pay to mention just 3. If you depend on one employee and they are off work for some reason you either need to do the extra work yourself, train someone else or get in a temp - at considerable cost. Working by yourself restricts your future profits but it really depends how far you want to grow your business.
 
Flores Xanthe

Flores Xanthe

New Member
As you aim to hire local talent to support your community, here are some further points to consider to help you make the best decision for your business:
Community Impact: Hiring locally can significantly benefit the community by reducing unemployment and fostering local economic growth.
Brand Loyalty: Local employees may be more loyal and invested in the success of your business, given the direct impact it has on their community.
Cultural Fit: Local hires often understand the local culture and customer base better, which can enhance customer service and satisfaction.
Flexibility and Accessibility: Local employees can often be more flexible with their working hours and are readily available for on-site work or emergencies.
 
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