How to Afford Management and Executive-Level Employees
with Hannah Smolinski
The Growing your Team Podcast: Episode 240
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PocketCastsHiring team members comes with a cost. Your team needs to grow as your business grows, and so does your team member budget. When not all positions carry the same cost, it’s easy for a small business owner to gravitate toward positions with the littlest financial impact.
But as your business grows, are the lower-cost positions best for your team? Or have you reached your capacity for individual contributor positions, and now the positions you need are the more costly management and executive positions?
Building teams raises many issues and challenges. Constructing the right team for your culture and organization isn’t easy.
In this episode, Hannah Smolinski provides business owners with financial clarity to build a skillful team they can afford.
Listen Now:
In this Episode You’ll Hear:
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How to know a reduction in workforce is the right decision
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How to calculate your company’s profits
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Indicators that you’re overstaffed
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Ways to know you can afford higher level roles
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How to figure out how much a new hire will actually cost employers
About Hannah Smolinski:
Hannah Smolinski is a CPA and the founder of Clara CFO Group, a virtual CFO agency providing small businesses with financial clarity and profit maximization strategies. Her experience working for one of the world’s largest accounting firms inspired her to make corporate expertise accessible to small business owners through fractional CFO services. She also hosts a YouTube channel with over 80,000 subscribers and uses the platform to help small businesses achieve financial success.
How to Connect with Hannah Smolinski:
Website: https://claracfo.com/
Suggested Resources:
Book a free discovery call to learn more about Clara CFO’s services!
Next Steps:
Are you feeling overwhelmed by the pressure of choosing the right hire?
Are you tolerating a bad hire because you fear trying – and failing – again?
Gain the confidence to hire like a pro.
At Growing Your Team® we empower women entrepreneurs and leaders to expand their unique businesses by teaching them to master the hiring process. Schedule your free Jump-Start Consultation today.
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