Here are some suggestions to help minimize the confusion of this daunting task. In several situations. When the business cannot provide the level of service its customers expect without additional staff. When the owner cannot spend the requisite time on actually managing his or her enterprise and making sure that it is on track to achieve its goals. All these circumstances require additional employees.
Employees are expensive.
When we look at the true cost of an employee, though, we have to look at the gross margin of each particular business. Many small business owners are blindsided by this costly reality. The only way to avoid this problem is to plan for it. Savvy business owners know that their earnings will drop, for a time, with a new hire and plan for that to happen. Ideally, that plan will include a strategy and tactics for increasing sales as quickly as possible to offset the cost of that new employee.