When planning for growth, one thing that will often weigh on a business owners mind is the question, “When is the right time to recruit new staff?” Do you wait until you land that big new contract and then look for the staff you need? Or, do you take the risk and take on the staff first, so when new contracts come you can cope with the upturn in business?
It can be a tough choice to make especially when you need to balance factors like cash flow, training, productivity and the consistent quality of output.
However, there are some things to consider which might make that decision clearer. Here are five questions to ask yourself to help determine whether or not you should be recruiting new staff.
............as Mary and Joseph heard in the Christmas Nativity! It's not Christmas yet but Basepoint Dartford Centre Management have had to turn people away this month. There was some disappointment, although we were delighted to announce that we have reached 100% occupancy in October 2016.
Business names are more important than ever in the digital age, so anyone starting up a new business needs to think carefully about what to call it. Your name is your brand, which will feature strongly in your web presence and be one of the factors which helps to attract potential customers. Basepoint Business Centres works with many people launching start-ups. This includes both people who initially work from home while using virtual offices and those who move into serviced office space in our centres in different areas of the UK. Here we look at the factors you need to bear in mind when playing the business name game.
Do you have a business which you run from home? A business which doesn't require you to pay the unnecessary cost of a workspace? Having a Virtual Service with Basepoint can provide you the following:
I thought I would drop you a line to thank you and the Basepoint team for organising a terrific network meeting today. Linda Garcia is an interesting speaker and gave a w… ”
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Dan Taylor, Sales Manager - Conceptunet
We are really pleased we chose Basepoint Dartford for our London office as it has allowed us to further develop and improve our service to Oxleas NHS as well as win work … ”
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Errol Hogan, RBS
Your recent networking event was really relaxed, a good way to meet new business connections. ”
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