Growing My Business

growing my business

I doubled my workforce this morning when I took on my first ever employee. I'm going down the tried and tested capitalist route of growing my business via the energy and hard work of others. After years of working on my own, it will be nice to have some company, and to have someone to bounce ideas off. I've never taken on staff before - I think I'm more nervous out of the two us. A friend of mine is the senior managing partner in a local law firm. Her take on employing newly qualified professionals is that it works on a 33/33/34 split. An employee should be paid 33% of the fees they bring into the business. The other 33% is the cost of doing business, with the remaining … [Read more...]

February 14 Spending Plan

debt

The site has been quiet the last couple of weeks. ¬†Our toddler has been teething/poorly and my work routine has been disrupted. Writing new content has been the last thing on my mind. That's not to say I've not had a productive month, far from it. January 2014 has been more than eventful. The month kicked off with me receiving 2 offers on my business - neither of which I accepted as they didn't fully value my client base or offer me a big enough salary package that would tempt me away from my own autonomy. Its flattering though that my little one man band business has created a blip on some of the bigger players radar screens. But I'm not going to sell out for less than I'm … [Read more...]