Conventional wisdom warns against going into business with family or friends. However, there are numerous examples of highly successful companies that started out as family ventures.
The prospect of hiring staff strikes fear in even the strongest entrepreneur’s heart. What if I hire the wrong person? What if I can’t afford their salaries? Read here for some practical guidelines to smooth the hiring path.
Hiring the right people strengthens your staff complement and enables your business to grow. Don't underestimate the importance of gaining as much information as possible from recruitment interviews.
The Basic Conditions of Employment Act applies to all employers and workers and regulates employment conditions such as leave, working hours, employment contracts, employee records, deductions, pay slips, overtime and termination.
If you do not abide by these policies the Department of Labour may fine you or sentence you to prison.
The best franchising system cannot guarantee success if you don't have the right franchisee behind the counter. But where and how to find them?
Hiring staff is not the only way to increase your capacity to deliver. Outsourcing to contractors or freelancers is a handy way of dealing with a sudden influx of work, but you have to know what you are doing to make the arrangement work for both parties.
