Should you hire your friends?


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Top HR mistakes made by startups and how to fix them

You know that to help your startup succeed, you have to have a competent, experienced, dedicated team. Unfortunately, though, many startups slip up when it comes to human resources, hiring, training, developing and retaining a great team. To help you avoid these all too common issues, we look at some top HR mistakes made by startups and how to fix them. Mistake #1: Not hiring a human resources person Whether you have a part-time, full-time or outsourced professional manage your HR, you need some...
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How to build a successful business team

While it's common for startups to wait too long before they start hiring, you won't be able to do everything yourself when it comes to growing the business. You need to start building a team that shares your vision and values, while bringing the right balance of skills and experience to fill key roles in the business. Having the wrong team is one of the top reasons for startup failure, so you need to be selective and strategic about the people you choose to work with. To help you build a winning...
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5 tips for startups making their first few hires

Did you know that the number three reason startups fail is they were unsuccessful hiring the right team in the beginning? Because of this, we want to look at what you should do and look for when putting together your new company's team. Let's look at five tips for startups making their first few hires.   Tip #1: Hire early If you can afford it, begin hiring your staff as soon as you need them. While the budget might be tight at first, you'll benefit from having extra brainpower in your earl...
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Bad habits at work

Whether you're new to the workforce or a seasoned professional, everyone has some bad habits that get in the way of living up to your fullest potential. If you feel like you're not working productively and struggling with your motivation, you probably have a few routines that are dragging you down. The key to eliminating your bad habits is not setting out to erase them, but to replace them. If you're guilty of checking your email too often to see what needs to be done next, replace that habit by...
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Benefits of outsourcing payroll for startups

Did you know that business consultants often recommend outsourcing non-core functions? A non-core function is one that isn't part of your profit center. It's something you don't charge your customers for. While a non-core function is often essential to your successful operation, it isn't what sets you apart from the competition, so it can be outsourced. It's also of the utmost importance to your staff. Payroll is a non-core function and one you should certainly think about outsourcing. To help y...
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Creating an effective onboarding process for startups

The typical large company has an employee on-boarding process that works and is a natural part of their system, but there's no reason your startup can't follow the same game plan. In this article, we will look at creating an effective on-boarding process for startups. This is very important to emerging businesses as it not only gets everyone started on the right foot, but it sets the tone for your company culture. Onboarding provides your employees with training, direction and guidelines. Withou...
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The pros and cons of using a PEO company

As a young startup or a small company, you might find dealing with health benefits and retirement benefits is a time-consuming task that isn't easy for you or your staff. This is why small companies often choose to work with Professional Employer Organizations (PEOs). This gives your employees access to better benefits and more human resources services than you might otherwise be able to provide. What is a PEO company? A professional employer organization (PEO) is a firm you can hire to provide ...
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How to turn a group of strangers into a team


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The costs of a bad hire

Have you ever asked yourself what it costs to hire an employee who doesn't turn out to be right for your business? The U.S. Department of Labor says it costs you at least 30% of your employee's first-year earnings if they're a bad hire. For many startups, losing five figures because you hired the wrong person may mean the difference between success and failure. Let's take a look at the costs of a bad hire, so you can avoid the devastating consequences to your startup.   Initial hiring costs...
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