Most small businesses don’t have employees. The owners perform all the duties of the business. However, that type of business model restricts growth. If you want a business to grow, the owner must be willing to delegate most non-essential functions to an employee. A good employee who competently handles the clerical and administrative functions can be a huge asset to a business. This frees the owners up to market and pursue other business opportunities.
Often, over time, the employee can move up to perform duties of greater importance. This free the owners up to pursue even more business opportunities. The owner must generate enough growth to pay the additional costs of the employee. This has become more challenging in recent years with the weak economy and increased regulations of the workplace.
Hiring my first employee was a big step for me. However, it has paid off many times over. The success this practice has experienced over the years has been largely due to the efforts of many really good employees. I will be forever in their gratitude.
Jim