Should Your Company Hire That Prospect?

Hiring the right talent for your company is not as easy as you may think.

Whether you have been a business owner for years or are the new kid on the block, it is important to get the right hires. That means hiring the right people and putting them in the right positions.

With that in mind, should your company hire that prospect?

Too Many Bad Hires Can Be a Problem

In deciding if you should in fact hire the next person whose resume you come across, here are some ways to go about it:

  1. Do your research – You want to take as much time and effort as needed when it comes to researching each prospect. This will oftentimes mean the Internet is going to be involved. That said you can do searches online to get more info on the prospective candidate. For instance, say you might be looking to hire a delivery driver. You want to make sure they have a clean record at the wheel. Not having such a thing can make them a danger to others on the road. They could also prove a liability to you should they get into one or more accidents while driving for you. You can go online and find out how to look up the driver’s license number of the individual. Getting any solid background info on their driving record could sway you one way or the other. Also look to see if there is any criminal record involved with the prospect. While something minor may not scare you off, something major could easily make you take a pass on them.
  2. Know what needs are – It is key you know what your company needs are before hiring the next person to work for you. If you are short in specific departments, you may well look to fill those roles first. In the event your company is growing, you could have many areas in need of more talent. The key to any successful company is providing consumers with the best service. With that in mind, be sure you have all that you need. One or more notable shortages in manpower can lead to reduced sales and revenue at the end of the day.
  3. Will they be a good fit in your company? – Finally, even if one’s resume screams talent and experience, will they be a good fit at your place of business? You have to consider the other people working for you now. How would a new employee potentially fit in with them? It is important to remember that personalities do not always click. As such, you have to try and fit the right pieces of the puzzle together. This will better ensure a smoother operation within your company. This is one reason it is good to have some people the prospect would work with sitting in on interviews. The former can get a better sense of if this person could work out.

As you think about hiring your next employee, what will be your focus and are you confident you will get it all right?

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3 Changes You May Make for Your Business

Do you have any thoughts to making significant changes to your business anytime soon?

In the event you say yes to such a question, what might those changes be?

Making one or big changes to something you’ve worked for over the years can seem a little daunting.

That said it is important to have faith in any big decisions you want to move ahead with.

Changing the Status of Your Business

When considering changes for your business, here are three that may come to mind and why to consider them:

  1. Organizing in a different way – Have you given thought to the possibility of changing? That is how your business is legally organized? For example, what about the notion to convert C Corp to an LLC for your business? Doing this can allow shareholders to take proceeds. They can then make contributions with them to the LLC. Such a conversion can also mean tax benefits over time. Be sure you do research and speak to pros familiar with the conversion process. Do what it takes to avoid a big tax bill you want no part of it. Organizing in a different way can also mean you will expand beyond your present base. If you only have one office or other sort of workspace, any thoughts to expanding? This can lead to more business. It may mean going outside the town or city you are in now. By knowing when the proper time to grow your business is, you could set the stage for a boom. This is one that will take your company to new heights.
  2. Changes in management – Depending on the size and scope of your business, might it be time to shake things up? That is with your management if you have people in such roles? Such changes are big and should not be taken lightly. That said you may be at a point where you sense such a move can better propel the business forward. One of the keys to having a successful business is having the right people in the right positions. So, take stock of those individuals you have now and what they are doing. You may well decide that some change is needed and can’t wait.
  3. Go in a new direction – Although it is a big move, would you consider taking your aspirations in a new direction? This can mean selling what you have now and starting fresh. Even though such a move is a big one, you may feel it is in your best financial interests to do this. So, before you make such a move, sit down and think it over from start to finish. Do you have the financial means to sell your business and open something brand new? That of course depends in part on what kind of offers you may get for your current business. You’d also need to think if you have employees about how such a move would impact them. Finally, what are the trends showing in the industry you are thinking about going into? Doing all this research is key before considering a move. Remember, it will have a major impact on your life in more ways than one.

In making changes for your business, are you confident you will make all the right decisions?

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What To Do When You Get In a Car Accident

When you find yourself in a car accident, everything can get hazy.  Whether you’re physically injured or not, the shock that occurs following something as frightening as a vehicle collision is enough to leave people feeling in an almost dream-like state.  Unfortunately, as a result, a lot of people wind up making mistakes throughout the process.  Since it’s such a delicate situation, it’s important that you do things right.

Since you can be so discombobulated as a reaction to the stress, it’s helpful to have a list of what you should do onhand.   Take a look at your handy step-by-step list of what you should do after getting in an accident. 

Check For Injuries

First thing is first, you’ll need to ensure that you don’t have any physical injuries.  Make sure that you check yourself and anyone else in your car for injuries.  If you realize that you or someone else in the car is hurt, put everything else on hold.  The most important thing is your well-being.  Dial emergency services immediately or ask someone nearby to do so.

Move Your Car

If you can, move your car out of the way of other vehicles and into safety.  Often people leave their cars in a hazardous place after a collision, and it winds up causing another accident.  If it’s not possible to move your car then ideally you should at least move yourself.

Call The Police

Even if your accident is nothing other than a fender bender, you should call the police to create an accident report.  An officer will interview everyone involved in the accident and write it all down.  They’ll chart out what occurred in the accident, providing documentation for the event.

When you make a claim with your insurance company, they’ll refer to the police report to help with the process.

Get The Other Drivers Information

It’s important that you get the contact information of the other driver.  Make sure that you get not only their name and phone number but also everything about their vehicle.  Take a photo of their license and license plate, as well as any damage to their car.

If they’re a responsible driver, they’ll have their insurance company and policy number with them to provide you with as well.

Don’t Incriminate Yourself

Often when people experience a traumatic event like a car accident, they assume it’s their fault, particularly if the other driver is angry.  Don’t apologize or admit fault whatsoever unless it was undoubtedly your fault.  However, as a general rule of thumb, you should avoid discussing details with the other driver.  Let your insurance handle it.

Call Your Insurance Company

Once you’ve done all of these steps, you can call your insurance company to notify them of the accident.  They’ll start a claim and tell you exactly what you need to do.

Conclusion

By having this list onhand, you’ll be sure to make sure that you don’t forget any critical steps.  That way, you can rest assured that you have the right information with you should anything happen while driving.

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