Talking Cents

Building a team for your small business

Building a business involves a lot more than just cash flow and delegating responsibilities. Hiring the right employees is extremely important, however it is crucial that you shape them into a team that will help you succeed. The right team can make or break a business. Here at M.A.S Partners, the leading small business accounts in Zetland, we understand the importance of a strong team that works well together. As such, we have provided some tips on how you can build your team.

Understand their strengths

Everyone you hire will have different strengths and weaknesses. They all come from a variety of backgrounds, have different personalities, and therefore will have different ideas about how they do their jobs. As a business owner, it is important that you recognise everybody’s different strengths, to put together the right team. If you are able to enable your employees to their fullest, you will definitely be on the right track to success.

Make sure your team understand your vision

When running a business, make sure that everyone in your team knows your business vision. Start by setting the scene for your team- letting them know exactly what you are aiming for. Talk about the culture of your business, and what your brand image is; describe your future business plans which includes marketing, products and various business plans; explain who your customers are, as they are the most crucial part of your business. If you want a strong team, make sure to keep them in the loop!

Getting your team involved

As stated, it is important to get your employees involved as soon as possible in your day to day business activities. In doing so, you give them a sense that they are contributing to something greater, and motivates them. It keeps them active and uses their strengths to help them develop. Be sure to acknowledge their success and mentor your new hires. The last thing you want is to throw you new employees in the deep end, and hope they figure it out.

Define everyone’s role

Everyone needs to know exactly what their responsibilities are. What you are expecting them to do, and in what time. This lets them know if they are on track and gives them a specific purpose. You will be able to motivate your team better by giving them set roles.

Consider M.A.S Partners for small business accounting

Within this team, you will need someone to manage your finances and cash flow. Managing your finances and taxes can be tedious process which may cause many concerns. By hiring a small business accountant, you more effectively and efficiently taking care of these. A small business accountant ensures minimal accounting challenges and will ensure the growth of your business. We at M.A.S Partners have been small business accountants, for hundreds of successful businesses, and ensure that we will do everything we can to help your business grow. With an overwhelming passion for helping develop small businesses through accounting we provide a wide range of services that will suit all your financial requirements. For information on our services, click here.