Finding Employees for Your Small Business

Posted by DRDA CPA's in Houston-Sugar Land-Baytown, TX on Oct 31, 2008

No one ever said that starting a small business was a piece of cake, but with proper funding and an excellent business plan you will no doubt succeed in your endeavor. Getting assistance from a group of experts dedicated to the well being of you and your business is a sure way to get ahead. The DRDA/CPA firm is skilled in the art of business advising and strives to provide each client with the support they need to achieve their financial goals.

The first step to opening a small business or franchise is acquiring the start-up capital necessary to set up shop. By utilizing the DRDA/CPA business planning services, you will not only receive valuable assistance every step of the way, but also learn about a powerful alternative funding source called a BORSA (Business Owners Retirement Savings Account) plan.

For those of you that are loan shy, a BORSA plan takes the place of a traditional bank or SBA loan by using the money saved up in a 401k or IRA to fund your small business. You need not recoil at the thought of withdrawing early from a retirement account because through a BORSA plan there are no taxes, penalties or distributions to worry about.

Now that you have a plan for the financial aspect of your new business, how are you going to find the best possible employees to help you build a functioning, thriving business? You don’t need a human resource team to find good employees for your company. With a little know-how and a good business plan, you can find the perfect candidate with ease.

To keep the search process from becoming a frequent occurrence, create a staffing plan detailing the specific job requirements including:

  • Name of position
  • Number of available positions
  • Salary and benefits
  • Job requirements
  • Work hours
    • Next consider the various recruitment sources available such as the Internet, trade journals or classified ads and much you want to spend on your search. In lieu of traditional resources there are many alternative options to find employees such as: 

      • Employment or temp agencies
      • Chamber of Commerce
      • High schools
      • Social Services

      After lining up potential candidates, the next step is to formulate good interview questions to weed out bad seeds. There are several things to take into consideration before performing an interview such as:

      • Application – provides interviewer with applicant’s personal profile
      • Questions – Questions regarding race, marital status, children and sexual orientation are highly illegal and inappropriate to ask during an interview. You may, however, inquire as to previous employment and work experience.
      • Commitment – By looking at a candidate’s employment history you can ascertain their dedication to former jobs just by the number or years or even months they worked there.

      To gain a better understanding of your industry structure, select good employees and avoid common pitfalls, let the DRDA/CPAs help you set up a business plan that will increase your odds of success. Visit them online at www.drdacpa.com or call 281-954-6040 today!


    Related Links

    National Center for Employee Ownership
    Free Records Registry
    Professional Employer Blog