Edmonton business consultant | finding the right team matter
Our Edmonton business consultant at Spurrell and Associates chartered professional accountants are held up to an important mission and values. This is to help small businesses succeed and beat the odds. This led us to create the “new client’s free consultation program” which also includes a free copy of “E-Myth” the best-selling business book written by Michael Gerber. We are happy to hear from you. You can find us via email at [email protected] or call us by phone at 780-665-4949.
Small businesses often fail within the first five years. The third most common reason for this failure stems from having the wrong staff. As the Edmonton business consultant we are dedicated to helping struggling business owners to succeed. This article is written for you, and how to help you find the right team as well as how to retain employees longer. If you find this article educational can find more at www.spurrell.ca, our website.
Small business cannot afford to lose employees. However it’s impossible to keep them forever. Employees leave one it’s most convenient for them and not for the business. Most employees often focus on their personal interests more than the company. However losing an employee can be incredibly expensive and resource intensive. Resources and funds not their to have been potentially used to grow your business. Losing an employee means the business owner needs to restart the hiring process. The traditional hiring process is very inefficient. Employers are required to read a bunch of resumes from people who might not even read the right fit. After selecting potential candidates, one third or even half won’t show up during the interview. As the Edmonton business consultant, we suggest taking advantage of the efficiency of group interviews. Small business owners can see more talent at once, alleviating the need for a dedicated HR team. One crucial factor of a group interview are the type of questions you, the employer, need to ask. Prepare questions that challenge a potential candidateís values and beliefs.
After the group interview, you need to take the new hire to training. This part greatly varies. Different industries require vastly different training times. It could last as short as a few days or it could be as long as a few months. New hires needs a few weeks to settle in their new roles as well. This is called the transition period.
There are a few ways to forge a solid relationship with your employees. Hiring based on values is important for employee retention. However most business owners often times write their corporate mission and values to be as appealing as possible. Knowing this, writing your corporate mission and values to be clear and polarizing can be beneficial for your company. While itís true that polarizing values can deter some people from applying. Whomever decided to not apply to your company is more likely to disagree with the company values thus making them a bad fit. The opposite is also true, people who apply to your company despite having polarizing values are more likely to be the right fit for your company.
Edmonton business consultant | Cost of a New Hire
At Spurrell and Associates Chartered Professional Accountants, we strive to help small business owners with their endeavors, so we employ a team of passionate and dedicated Edmonton business consultant. We have created a program that helps first time clients get a free consultation for us. Said clients also received a copy of Michael Gerberís best selling business book ìE-Mythî. If you want to know more, you can contact us via email at [email protected] or if you prefer to talk, our phone number is 780-665-4949.
Itís staggering to know that 50% of small businesses only last no more than five years. There are many reasons to why they fail but 23% of business owners agree that having the wrong staff is the cause of their failure. In this article, our Edmonton business consultant will talk about how to motivate employees to stay with your company and how to find the right staff. You can find more helpful articles like this one in our website at www.spurrell.ca.
Small business owners can not afford to waste resources. Companies requires a great deal of time, energy and resources to grow. However business owners often underestimate the cost of losing an employee. Losing an employee means you have to spend time, energy and resources in hiring once again. Factors highly important in growing your business. Small business, unlike big corporations, usually do not have dedicated HR team to handle the upcoming number of applicants. Our Edmonton business consultant have observed group interviews to be the most efficient way for small business to hire. This allows employers to meet a number of talents at once thus saving time on scheduling one-on-one interviews. Itís also very beneficial to ask the right questions, particularly those targeting the applicantís values and beliefs.
After the employer has chosen a candidate, the next step is to train them. Depending on the industry and the job type, this could take either as short a few days to a long as a few months. Not to mention the transition period required for new hires to settle in the company.
There are a few ways to help employee retention. Employee values plays a big role in motivating an employee to stay. If the employee and the businessí values align, then they are more likely to stick together. However most businesses write their corporate mission and values to be as appealing as possible. This means everyone would want to be an applicant, which makes finding the right person for the role. If employers write polarizing corporate values, they deter people without the same values from applying and attracts like minded potential applicants. Like we said before, employees with the same values then to stay together. They will forge a bond more than just earning a paycheque. Employees will be inspired by the company values.