The 7% Club
The 7% Club podcast is for business founders, CEOs and leaders of companies on the path from 7 to 8 figures. It is also for those aspiring to make the shift from 6 to 7 figures, providing helpful insights about business growth and strategy, and how to upscale in a manageable and profitable way.
The 7% Club
Episode 20: When is the right time to bring on more people?
•
Jenny Stilwell
•
Episode 20
In this podcast episode, Jenny explores the strategic considerations for businesses contemplating new hires. She advises evaluating existing roles and optimizing processes before deciding to add personnel. Jenny also emphasizes the importance of calculating the total cost of hiring, considering competitive salaries and associated expenses.
- Assessing Current Workload and Roles
- Cost Analysis for New Hires
- Return on Investment Considerations
- Sales Forecasting and Timing
- Defining Contributions and Measurable KPIs
https://jennystilwell.com.au/
Connect
💡 Need help scaling your business from 7 to 8 figures? Get in touch jenny@jennystilwell.com.au
Remember: Better strategy, better business, better life! See you next time!