Copenhagen
Well-Known Member
A little backstory: Before the recession, I worked as an estimator for a medium sized excavating/environmental company. After all was said and done, I was laid off.
I decided to get back to my small business roots and I started up a landscaping/light excavating company. For the past three years, the business has grown and done pretty well considering the current state of the economy.
Anyways, I have done 90% of the work by myself with a little help from friends here and there.
Over the past few weeks, I have lined up enough work to last me through the better part of the summer. Most of the work I can handle alone but there are two large landscapes planned in which I would like to have some help.
My question is, how do you know when you have the financial stability and work lined up to hire someone?
I'm just nervous about it because I dont want to bring someone in and then have to kick them out a month later because work has dried up. Given that most of my jobs only take a few days, I always run the risk of not having something for a week or two.
I decided to get back to my small business roots and I started up a landscaping/light excavating company. For the past three years, the business has grown and done pretty well considering the current state of the economy.
Anyways, I have done 90% of the work by myself with a little help from friends here and there.
Over the past few weeks, I have lined up enough work to last me through the better part of the summer. Most of the work I can handle alone but there are two large landscapes planned in which I would like to have some help.
My question is, how do you know when you have the financial stability and work lined up to hire someone?
I'm just nervous about it because I dont want to bring someone in and then have to kick them out a month later because work has dried up. Given that most of my jobs only take a few days, I always run the risk of not having something for a week or two.