One of the top financial hacks you should look into involves hiring.
Why?
Because building long-term wealth means that you should have skilled and experienced staff who can help your contracting business run smoothly.
Therefore, you will need to strategize the costs of getting these people into your company or retaining them in your team.
Listen to this episode as Jackson Millan and I share some of the best financial hacks that will help keep your business up and running despite having to conquer the different challenges in the market.
See you on the flip side!
Chapters
00:00 Intro
02:52 When is the right time to hire a worker for your contracting business?
04:08 The mindset of a professional investor
07:14 Signs you are not running your business effectively
09:32 Thinking like an entrepreneur
14:48 Running a business in a low interest, high inflation environment
18:34 Reasons why you should give wage increase to your staff
22:39 Budget you should allocate for recruitment
29:09 Hiring more people isn’t always right
31:22 You don’t have to do everything
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Full episode available to listen to on:
Apple Podcast:
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
Spotify:
https://anchor.fm/profitforcontractors
Resources:
Gain access to Jackson Millan’s resources to have a clearer vision of your business's financial capabilities: http://www.wealthhealthcheck.com.au/