Jim and Sarah continue a series on finding, interviewing, hiring, training, and managing employees. The discussion in this visit is about the importance of employee reviews, and how to conduct them. This may be one of the most neglected management fundamentals by small business owners, so give this Archive a listen.
Sarah and Jim talk about how to find employees, how to interview them, how to hire them, and how to keep the good ones. They also talk about the use of, and wording in non-compete clauses. How to use them, and how to defend them
Jim visits with our resident small business attorney as they discuss the interview process involved in hiring prospective employees. Sarah helps us understand what you can ask and what you cannot ask. Questions should relate to the job to be done, not to the applicant. Sarah also helps us understand how to make the employment offer properly.
Sarah talks with Jim about a topic she calls, "Employees - A help or a hindrance". They discuss some of the things you should look for when interviewing a prospective employee, including how to identify whether a prospect is a good candidate to work in a small business. They move on to talk about the proper documentation you need, and other legal and practical issues involved in finding, interviewing, hiring, employing, and terminating employees. Sarah is good - don't miss this one.
Sarah talks with Jim about a topic she calls, "Employees - A help or a hindrance". They discuss some of the things you should look for when interviewing a prospective employee, including how to identify whether a prospect is a good candidate to work in a small business. They move on to talk about the proper documentation you need, and other legal and practical issues involved in finding, interviewing, hiring, employing, and terminating employees. Sarah is good - don't miss this one.
Sarah and Jim talk about the issues surrounding purchasing and/or selling a small business, emphasizing that this process is different for every transaction, and is very much different from buying real estate.
Sarah and Jim talk about the importance of recognizing the difference in the various roles an owner plays in his or her business. For example, you may be all, one, or any combination of the following: owner, employee, shareholder, board member, officer, etc., and you must understand this, and operate accordingly. Also, what happens to your business if you die or become otherwise unavailable, and how to develop a back-up plan.
Sarah and Jim talk about why it's important to use a professional to review and advise you about contracts, agreements, and business relationships, especially significant ones.
Sarah discusses with Jim a number of miscellaneous issues, such protecting your company from liability as a result of personal injury by visitors and employees, having company policies to verify that you had addressed safety issues with your employees, writing and posting disclaimers, abusing software licensing agreements, putting things in writing, having good recordkeeping, avoiding scams, andreading agreements before you sign them.
Sarah and Jim talk about the issues surrounding bankruptcy, whether your own, or those who owe you money.