Displaying posts tagged with

“hiring”

Question: Who Does Your Business Taxes

I know a few business owners who do their own taxes, and many more who pay someone to fill out their corporate returns each year. Given that the cost of corporate accounting can be significant, some owners have shied away from that route for as long as they can, while others quickly push their books […]

Knowledge and Experience

I participated this week in a chat regarding the difference between knowledge and experience, and, more specifically, whether or not formal education is worth the price paid. Living in Canada, the price of an undergraduate degree is about $25,000 which is significantly lower than in the US. As a result, the length of time required […]

Question: Assessing Competency in an Interview

Perhaps one of the more difficult things to assess in an interview is whether or not the candidate is competent in the needed area. After all, it can be quite easy to talk in a manner that indicates competence without actually being able to do the job, and it can be extremely time consuming to […]

It’s Not Nepotism, He’s My Brother

Okay, the joke is, perhaps, a poor one, though you likely laughed because you can think of people who would say exactly such a statement. I was asked recently regarding an inherent bias toward hiring people from my community. While many of the people in my office are from my community, there was actually another […]

Hiring Without Cultural Change

When a company undergoes expansion, especially in the early years, there is a risk of changes being made to the culture of the company. When the entire company switches from being able to fit into a single [large] room to requiring several thousand square feet of space in each of their 14 new offices, cultural […]

Owners and Managers Don’t Mix

On a fairly frequent basis, I have occasion to talk to business owners and business managers through my work. One owner made a fairly astute observation about the role an owner plays in a business versus the role a manager plays in a business. It was summarized as follows: An owner and a manager of […]

Growth, Expansion, and the First Hire

Perhaps the hardest decision made by the owner of a growing business is regarding the first hire. It’s at this point that the stakes in the business change, from being responsible for yourself to being responsible for employees. Where before a lack of business meant that you personally didn’t get paid, now there are other […]