What to do with a growing business?
Wednesday December 19th 2007, 9:04 am
Filed under: notes

What do you do when your business grows?

You celebrate, yes. But you may also be faced with all sorts of administrative issues with scheduling, personnel, and bookkeeping challenges.

“It’s very common,” said Danika Davis, chief executive of the Northern California Human Resources Association. “You start with a vision, and then the business reaches a size where its organization and administration can mean success or failure. But often the entrepreneur with the vision isn’t the best-qualified person to put those structures in place.”

In Mind Your Business (scroll down to the second question), they discuss several opinions:

1. hiring a part-time or full-time employee (such as an administrator with bookkeeping skills) and 

2. hiring part-time contractors for the same services (administrative services, bookkeeping).

How you handle your growing business depends on what type of business it is and what would be of most help to you. And hiring someone to help you evaluate your needs isn’t a bad idea.



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