To Hire or Not to Hire: That is the question client’s are asking [episode 21]

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Join us in this episode of Profitable Women as we tackle the critical questions around whether to hire or not to hire, such as when to do it, what problems it solves, and the new challenges it might create. We’ll explore why hiring is not always the solution to overworking and how increasing your profitability might be the more immediate answer to your cash flow concerns. You’ll hear practical advice on understanding your financial numbers and boosting profitability through value enhancement and efficiency. By the end of the episode, you’ll be equipped with the knowledge to assess whether hiring is truly the next best step for your business.

In this episode, To Hire or Not to Hire: That is the question client’s are asking, we cover:

  • The complex decision-making process behind deciding to hire or not to hire, guiding you to pinpoint whether bringing in new team members is right for your business.
  • Two pivotal questions: “Can I afford to hire?” and “Should I hire for additional capacity?” 
  • Practical insights into understanding and boosting your financial numbers, maximizing efficiency, and enhancing value for your clients, all without immediately turning to hiring. 
  • Tools that equip you to make informed decisions that will drive your business’s growth and sustainability.

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More about the Profitable Women podcast:

If you find yourself avoiding conversations about money, are burnt out from working all the time and wondering where your cash goes, and are tired of not paying yourself consistently, you are in the right place. 

Profitable Women is for those who don’t want to choose between their career and motherhood. It is to educate you on the financial side of running a profitable and sustainable business. It is a safe place where you are seen and heard in your fears as a business owner. It is where we talk about the money stories that are showing up in your everyday business decisions. It is where we allow ourselves to get curious about the numbers and welcome financial abundance in our lives.  We will talk mindset, financial strategy, and numbers all with the goal of aligning our business to our life. If you believe in what you do and want to make it sustainable while building wealth, Profitable Women is the podcast for you! 

Your host, Sheila Hansen, is a CPA, coach, and business mentor who supports female business owners to make confident financial decisions. In addition to solo episodes, we will hear from other expert female guests who are out there supporting women with the work they do.

As profitable women, we are in this together!

Find more resources at hansenllc.net and be sure to follow Sheila on IG @Sheila.Hansen.CPA

[Disclaimer: Any opinions, recommendations, and tips offered on this podcast or other social media forms do not constitute individual tax or accounting advice. This content is designed to provide education and awareness of financial topics and responsibility for the benefit of the general public. Please consult a professional before implementing any of the suggestions made by Sheila or Sheila Hansen, LLC]

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