In this episode, Kyle Hunt and Laurel Winkle tackle the pressing question many remodeling business owners face: when is the right time to hire help? As they delve into this topic, they explore crucial factors such as risk tolerance, backlog of work, ambition, and understanding the financial implications.
Join Kyle and Laurel as they navigate through the decision-making process, providing insights and guidance on evaluating the need for hiring. Laurel shares her goal of growing her business to $5 million a year and the challenges she encounters in managing her workload. Kyle offers valuable advice on assessing financial readiness and the importance of finding the right candidate to align with your company culture.
Learn how to create a compelling job description, start networking, and focus on marketing to support your business's growth. Tune in for a thought-provoking discussion on when and how to hire help in your remodeling business!
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Explore the vast array of tools, training courses, a podcast, and a supportive community of over 1,700 remodelers. Visit RemodelersOnTheRise.com today and take your remodeling business to new heights!
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Takeaways
- Evaluate your risk tolerance and financial readiness before hiring.
- Assess your backlog of work and determine if it justifies hiring additional help.
- Consider your ambition and growth goals for your business.
- Understand your numbers and how hiring will impact your revenue and profitability.
- Create a job description and start networking to find the right candidate.
- Focus on marketing to support your growth and increase sales.
- Ensure you hire the right candidate who aligns with your company culture and values.