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Tips to help entrepreneurs hire reliable staff

| Mar 1, 2017 | Buying & Selling Businesses |

North Carolina entrepreneurs face many challenges as they seek success in the business world, and one of those challenges is finding knowledgeable and experienced people to be a part of the business. Since employees are one of the most important assets to operating a successful company, it is vital that they be capable and trustworthy people. Here are some factors business owners can consider before hiring people.

First, it is a good idea that business owners consider the competency of potential employees. Since each member of the team should possess various skill levels in different aspects of the business, business owners should consider each person’s expertise, experience, weaknesses and strengths when conducting one-on-one interviews. Business owners should also make sure each person they hire understands the goal and purpose of his or her role in relation to the company’s mission.

Another important factor to consider as business owners build their team is chemistry. Team members who are able to get along and work together will typically be more productive and efficient. If conflicts arise among team members because of personality differences, the business structure could be arranged in a way that would maximize the positive skills and characteristics of each employee.

Furthermore, it can be helpful for business owners to invest in a program that assesses how each employee is contributing to the company as a whole. This assessment typically takes into consideration how proficient each employee is regarding visualization, creative thinking, social skills for client support and networking, as well as which employees are structural, functional, analytical and organized.

Many entrepreneurs who want to purchase a business turn to a local attorney for help with complicated issues, such as ensuring there are no liens on the company’s assets, performing due diligence and drafting all the required legal documents. The attorney could also offer advice regarding financing. Source: Business 2 Community, “Buying a Business? How to Evaluate the Company’s Staff.”, Bruce Hakutizwi, February 20, 2017

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