SMALL BUSINESS FINANCE – Your Guide to Business Tax Planning & CPA Tax Advice

81 \\ When to Hire: Smart Business Strategy for Growth and Cash Flow

Feb 22, 2024 · 14 min · 12.6 MB
0:00-14:09

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Hiring can feel like one of the most intimidating moves you make as a business owner. In this episode, I break down how to know when it’s time to add a new employee or contractor, and how to make that decision without guesswork. You’ll hear a real-world example of how a waiting list and pricing strategy showed it was time to grow, plus why cash flow, backlog, and marketing metrics matter when planning your next hire. We’ll cover how to review your profit and loss, adjust pricing, and make small changes that have a big impact. If you’ve been wondering how to expand without breaking your business, this episode gives you clear business strategy and mindset for entrepreneurs to help you move forward with confidence. 🌈📈

 

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