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E-Myth – “Why most small businesses don’t work & what to do about it”

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Edmonton CPA | Successful Interview Methods

Many entrepreneurs are utilizing a one on one interview method says Edmonton CPA. Despite the fact that this is not an effective interview method for small business owners.

In fact, one-on-one interviews are best conducted by large organizations. That have the resources at their disposal. To be able to interview as many people as they need. To find the one right fit for their business.

This is actually the reason why large businesses will be able to find the most talented people to work in their organization. And why small business owners struggle to try to find people. Because they do not have unlimited time, to interview people endlessly.

In fact, business owners often struggle so much with hiring people using the one on one interview method. That it has become one of the top three reasons why small businesses in Canada fail every year.

Half of all entrepreneurs fail in their business in Canada within five years. And 23% of all businesses that fail, say the reason why they were not successful. Is because they were unable to find or keep staff in their business.

This is a significant number of entrepreneurs that are not succeeding. Because they are utilizing the wrong interview method. This is why Edmonton CPA is even more driven. To teach as many small business owners about this interview method as they possibly can.

The first thing that business owners need to keep in mind. Is that the idea behind the group interviews? Is to be able to meet as many people as possible., So the need to commit to doing this every week. And conducting a group interview. Whether they are actively hiring people in their business or not.

This way, business consultant says entrepreneurs will be able to start meeting the right number of people in their business. To increase the odds of one of them being the right fit to hire. And that they will meet that person around the same time that they need to hire them.

For example, if business owners only conducted group interviews when they were actively recruiting. It would not be able to meet a significant number of people. And it would take them a month or more. In order to fill that position.

However, Edmonton CPA says if an entrepreneur is looking every single week, and interviewing people. When the need arises, such as an employee that they have is giving notice unexpectedly. An entrepreneur will simply be able to call the last successful person they interviewed.

And have them start immediately in the business. Instead of just starting to look for people, and not even have the first resumes committed to the business.

Conducting group interviews is an extremely effective way of finding the right people. However, business owners need to ensure that they are devoted to conducting these interviews every week. So that they can be more likely to fill that spot when the need arises.

If entrepreneurs are still using the one on one interview style says Edmonton CPA. They may be struggling, not realizing that there is a better way of interviewing people.

To increase the number of people that they are interviewing. And increase the chances of one of them being the right fit for their business. However, even when people do hear from their business consultant about how to conduct a group interview.

They often remain sceptical, especially because they do not want to have to be hosting group interviews. When they are not actively looking to recruit people in their business. But this is all part of how they are going to be able to meet enough people.

To meet the right ones that will be the right fit in their business. Ideally business owners will need to meet one hundred people on average. Just find one person who is the right fit for their business. So the more people the interview, the more likely there going to be able to find the best fit for their business.

And when the right people are hired. What will happen says Edmonton CPA. Is that they will have employees who work harder. And who are dedicated to staying in the business longer. Then those candidates who are simply looking for just a job.

By reducing the turnover rate, and helping them conduct better interviews. Can help business owners overcome the obstacle of not being able to find or keep staff. Which is why 23% of failed entrepreneurs say they were not successful in their business.

However, it is not just enough for business owners to know that they must conduct a group interview every week. They also must need to know how to ensure the get those spots filled with as many people as possible.

Ultimately, it comes down to inviting every single applicant to the group interview. So that they can meet as many people as possible. While not everybody that is invited to actually show up to the interview. This is the most efficient way of the business owner being able to meet everybody.

During the interview, business owners will give a company overview, as well as explain what the mission, vision and values of the business are. As well as open the floor to questions from the candidates.

To help ensure that the candidates are very comfortable with the job, and what will be expected of them if they do get hired. But the most important part of the interview. Is asking the candidates one at a time, why they want to work in the business.

They might get a lot of different answers. But they are looking to hear why the candidates connect with the business. They might indicate that they feel strongly with or share the mission and vision of the business. Or that they share the same values of the business.

And that can go an extremely long way in helping ensure job satisfaction says Edmonton CPA. And help ensure that those employees are more likely going to stay long time in the business. Because of the jobsite inspection of working for company they truly believe in.