Author Topic: Need some suggestions  (Read 2389 times)

jyoung65

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Need some suggestions
« on: January 04, 2011, 11:15:24 PM »
I started my business with no assistance, did everything from business plan,compliance plan, website and  marketing and the list go on and on. Now I am getting a little over whelmed, with having so much to do and it is just me. I am in desparate need of an assistant to handle marketing and administrative task. Right now I'm not sure which direction, I need to take.

The two options I came up with was to hire someone or aquire a partner. That would take a big load off of me. If I decide to hire someone, how would I determine how to pay them? If I decided to aquire partner, how would that work? Since I  already invested in the business and it is up and running.

Thanks

Michele

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Re: Need some suggestions
« Reply #1 on: January 06, 2011, 02:40:00 PM »
Having a partner is a much more involved, permanent type of fix.  An employee can be replaced with not too much effort (the good ones are harder to replace, but still replaceable).  A Partner, it becomes more of a legal issue, much more involved in dissolving.  If the partner doesn't work out, you could lose all you've worked for.  I have a partner, my mom, but had worked together before so we knew we worked well together.  We started together from nothing and built it - together.  You've done the hardest part - the start up and getting the initial clients.  I think it may be a mistake to now hand part of it over to someone else.  It's like making a delicious caramel apple pie with vanilla ice cream, whipped cream and cinnamon and handing it to some else to eat!  Sorry, I was trying to find an example that might make sense!   ???  Anyway, to me, it would make more sense to find an employee to relieve you of your overwhelmedness (if that's a word).  But, you mentioned that you would have them do marketing and administrative tasks.  Nobody will sell your business like you do.  Marketing is usually the most disliked job in the office, but you may find you are wasting money having someone market for you as an employee.  Unless they are a professional marketer and don't mind it.  The things you should be doing as you grow are working on your business, not in it.  You can either hire someone to work from their own home (not my recommendation) and pay them a salary, hourly rate, or some form of agreed upon amount, or hire someone to work in your office.  Growing pains!

Best of luck!
Michele
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melissa_2004

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Re: Need some suggestions
« Reply #2 on: January 06, 2011, 05:10:08 PM »
Great advice Michele!

jyoung65 - I am in the same place.  I have started looking into virtual assistants to relieve me of some of the administrative tasks and also better utilizing my phone service by switching to a live answer plan that will relieve me of having to answer every call.  (Even those from numerous companies asking me to outsource to them - as if).  If I come up with anything else that may help I will share it.

Michele

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Re: Need some suggestions
« Reply #3 on: January 07, 2011, 01:38:50 PM »
Alice has a great response for those oversees companies  -  "Who should I fire so that I can send work to you?  My Grandson or my son-in-law's cousin?"  Always stops them dead in their tracks!

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PMRNC

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Re: Need some suggestions
« Reply #4 on: January 08, 2011, 01:51:09 PM »
Michele, Alice is much more polite than I am when they call.. First I ask them if they are going to cover my travel expenses so I can come out and oversee their operation..lots of stuttering on that one..then I ask if they will cover my weekly random visits to oversee their compliance efforts.. MUCH more stuttering..and then I let em have it.. if they have been brave enough to have staid on the line.

You really want a shocker? As them if they belong to any US Billing Associations? <g>  just be prepared for their responses.
Linda Walker
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Re: Need some suggestions
« Reply #4 on: January 08, 2011, 01:51:09 PM »