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#17 - Can You Afford to Hire an Employee?
Manage episode 423010737 series 3479072
Nội dung được cung cấp bởi Cal Wilder. Tất cả nội dung podcast bao gồm các tập, đồ họa và mô tả podcast đều được Cal Wilder hoặc đối tác nền tảng podcast của họ tải lên và cung cấp trực tiếp. Nếu bạn cho rằng ai đó đang sử dụng tác phẩm có bản quyền của bạn mà không có sự cho phép của bạn, bạn có thể làm theo quy trình được nêu ở đây https://vi.player.fm/legal.
Healthy businesses have an established business model in which most new incremental hires produce profit for the business. Payroll expense can be viewed as an investment that yields a profitable ROI. Usually a hiring decision boils down to a question of how much more revenue do you need to sell in order to afford a new hire. This episode helps answer the question of whether you can afford to hire an employee.
More specifically, this episode includes:
- Viewing Employees as Profit Centers
- Return on Investment vs Affording a Hire
- How Much Do You Need to Sell to Afford a Hire?
- How Much Does a Salesperson Need to Sell to Pay for Themself?
- How Much Must the Business Grow to Hire a Manager?
- Labor Value Multiple
- Forecasting; Fixed & Variable Costs
Download the employee Hiring ROI Workbook using this link
Sponsored by SmartBooks. To schedule a free consultation, visit smartbooks.com.
Thanks for listening!
Host Cal Wilder can be reached at:
cal@empoweringhealthybusiness.com
https://www.linkedin.com/in/calvinwilder/
Chương
1. #17 - Can You Afford to Hire an Employee? (00:00:00)
2. Employees as Profit Centers (00:01:02)
3. Return on Investment vs Affording a Hire (00:03:44)
4. How Much Do You Need to Sell to Afford a Hire? (00:08:36)
5. How Much Does a Salesperson Need to Sell to Pay for Themself? (00:20:03)
6. How Much Must the Business Grow to Hire a Manager? (00:22:29)
7. Labor Value Multiple (00:25:33)
8. Forecasting; Fixed & Variable Costs (00:32:11)
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