Business By The Books with Danielle Hayden
How to Protect Your Business When Hiring Employees - Ep 164
02 Apr 2024
It's time for your business to start hiring, but what do you actually do next? In this episode, CEO Danielle Hayden presents The Ultimate Hiring Checklist to help business owners prepare for hiring employees. From drafting contracts to creating operational procedures and company insurance, she walks through the specific steps business owners should take in order to ensure that employees succeed and their business is protected. Plus, Danielle doesn't gatekeep information — she shares her favorite tools and best advice on payroll management, HR handbooks, and building a company culture. This comprehensive checklist is the foundation for successful team building and business growth. Tune in now! Key Takeaways: The Ultimate Hiring Checklist provides guidance on what business owners need to do before hiring, covering essential steps like contracts, HR handbooks, payroll setup, and more. When setting up payroll, consider a schedule that aligns with your business's cash flow. Software like Gusto simplifies the payroll process with an easy setup that ensures compliance and comprehensive support. Set employees up for success by setting clear expectations through training, standard operating procedures (SOPs), and consistent communication. Understanding the insurance requirements for hiring employees, such as workers' comp and unemployment insurance, is crucial to protect both the business and its employees. Topics Discussed: Who is The Ultimate Hiring Checklist for? (1:17) Introducing The Ultimate Hiring Checklist (3:30) What to include in an HR handbook (6:15) Setting up payroll for you and your new hires (7:48) The importance of SOPs for employee success (13:06) Onboarding and training new employees (16:49) Insurance: how to protect your business and employees (20:20) This week's homework: Download The Ultimate Hiring Checklist (22:11) Resources: Download The Ultimate Hiring Checklist! https://kickstartaccountinginc.com/hiring/ Check out this Employee Handbook Builder! https://www.handbooks.io/ Listen to episode 161: How Much Revenue Do You Need to Hire? – https://kickstartaccountinginc.com/how-much-revenue-do-you-need-to-hire/ Listen to episode 162: Can You Afford Your Next Big Hire? – https://kickstartaccountinginc.com/can-you-afford-your-next-big-hire-ep-162/ Listen to episode 123: Stop Making These Legal Mistakes NOW: An Easy Step by Step Guide For Small Business Owners with The Legal Paige - https://kickstartaccountinginc.com/unravel-the-complexities-of-business-entities-and-taxes-ep-123/ Connect with Kickstart Accounting Inc.: Instagram | https://www.instagram.com/Kickstartaccounting YouTube | https://www.youtube.com/@businessbythebooks Facebook | https://www.facebook.com/kickstartaccountinginc
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