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3 Top Hiring Practices for Small Businesses

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It takes a lot of work and commitment for a small business to grow into a more significant and successful enterprise. A huge chunk of this work lies in making the best investment decisions for your company, and in taking the most advantage of your profits and capital.

Even more important, however, are the people that will work for and with you to help steer your business towards its missions and goals. This is why so much effort should go into the employment decisions you make for your company.

Hiring new employees, especially for small businesses, is a complicated and money and time-consuming process. Some businesses have enough resources to work with a staffing agency, which, although a little costly, would help find the most qualified person for the job.

These agencies specialize in startup recruitment and can assist you in assembling a solid core team. For instance, Funded.club offers expert startup recruiters who can help expedite recruitment and ensure your startup reaches break-even as soon as possible. With the support of sufficient investors, you can accelerate your startup’s growth and rest easy knowing that professional recruiters are working to identify and attract the best candidates for your team. 

Smaller businesses generally don’t have that luxury. If you’re looking to staff your company quickly and cost-effectively, here are some practices that will make your hiring process less overwhelming.

Write a comprehensive job description

When coming up with a job posting, it helps to be clear and communicative. Make sure the job description is engaging, well-written, and clearly states what the employee’s role at your company would be. Assess the vacancy at your firm and create a list of all the responsibilities your employee would take on.

Be specific about the qualifications you have in mind for the ideal candidate, mentioning the skills, experience, and education requirements. This will ensure that only people with matching criteria will apply, making all the applications less overwhelming to go through.

Perform background checks

Using trusted employee background checks on a potential employee can reveal lots of information about the person. Looking into a candidate’s past work experience and more will provide more insight into the sort of person you’re taking on as an employee.

Do they match the standards you’ve set for your company? Do they fit with your firm’s values and culture? This will help make an informed hiring decision and will ensure you always put your company’s best interests first.

Use more targeted recruitment strategies

It is not uncommon to get more than 250 applications for a single job posting. And if you’re running a small business by yourself, you may not have enough time to go through all these applications. It’s also very likely that most of these applicants won’t be the right fit for your company.

Instead of casting a wide net out and hope you get the right person for the job, it would be a good idea to target all your recruiting efforts. Use resources like social media to search for groups the ideal candidate is likely to be found. If you’re looking for an accountant, for example, you’ll find one faster in a Facebook group for accountants than by posting an ad in the papers.

The best hiring practices for a small business

As the proprietor of a small business enterprise, you ought to understand how crucial it is to hire the right people to help grow your company. It is important to set some time aside for hiring new employees to ensure that this process doesn’t eat into the time you spend running your business.

You should ensure your job postings are well-written, clear, and comprehensive. This way, applicants will know what exactly is expected of them if they do fill up the vacant positions. Using trusted employee background checks services will also be a great idea if you’re looking to find the best fit possible for your company.

Published: September 9, 2020
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