MODERN START-UP
Hire freelancers or salaried
staff? How to determine your
hiring needs when starting out
By Alan Manly
H
iring staff can be more an
art than a science, and
knowing who or how to
hire can be a daunting part of the
process of starting or growing your
business. In addition to salaried
employees, potential staff can
present themselves as entities (ie.
a company with ABN) with agreed
contractual arrangements rather
than having them in-house. As a
potential employer it is vital that
you have a sound understanding of
what you wish to achieve so that you
30 ModernBusiness
June 2016
make the right hire, no matter what
the arrangement.
One: Know what skills
you need
Successfully growing the business
to the extent that you need extra
labour is exciting. This is an
opportunity that if managed well
can be the transition from a one
person show to becoming a viable
business. However, recruiting can
also be a minefield of distractions
to a newly successful entrepreneur
who is following their dream. The
business plan should have a section
discussing what skills would be
required to sustain company growth.
If such a concept is not in the
business plan, then now is a golden
opportunity to draft a statement of
the skills required to give you “more
hours in the day” to capitalise on
your strengths.
Two: Know how many
people you need
Having established the skills that are