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EXPECTED OUTCOME. RECOMMENDATION. BENEFITS: Reduced workload Increased market share Increased profitability. OVERALL EXPANSION Hiring more employees Shared workload. Consideration for HIRING NEW EMPLOYEES. Strategic Realignment Business Relationship Job Descriptions Funding

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expected outcome
EXPECTED OUTCOME

RECOMMENDATION

  • BENEFITS:
    • Reduced workload
    • Increased market share
    • Increased profitability
  • OVERALL EXPANSION
    • Hiring more employees
    • Shared workload
consideration for hiring new employees
Consideration forHIRING NEW EMPLOYEES
  • Strategic Realignment
  • Business Relationship
  • Job Descriptions
  • Funding
  • Employee Recruitment
  • Advertising
  • Selecting Candidates
strategic realignment
STRATEGIC REALIGNMENT
  • Strategic Situation Analysis
    • S.W.O.T Analysis
      • Strengths, Weaknesses, Opportunities, & Threats
      • http://www.netmba.com/strategy/swot/
  • Business Plan
    • My Own Business.org
      • Non-profit organization designed to help people develop and grow their business
      • http://www.myownbusiness.org /s2/

(Boone & Kurtz 2010)

job types business relationships
JOB TYPES/ BUSINESS RELATIONSHIPS
  • Individual Contractors
    • Business owner controls only task completion timeframe, not methods used to complete tasks
  • Employees
    • Business owner controls task completion methods and timeframe
      • Part Time v. Full Time

Individual Contractors v. Employees

The IRS web site offers guidance on worker classification, tax benefits, and appropriate paperwork required for each job type at:

http://www.irs.gov/newsroom/article/0,,id=173423,00.html

(IRS, 2010)

job descriptions
JOB DESCRIPTIONS
  • Which responsibilities and tasks

do you want to delegate?

    • Security consulting?
    • Training instruction?
    • Shipping & Delivery?
    • Administrative?
  • Detail potential employees individual tasks, responsibilities, and roles at SCSC
    • Develop list of skills required for each position

(Barlas, 2011)

funding
FUNDING
  • Time Lost = Money Lost
  • Pay Salaries & Benefit
    • Pay Scale
      • Appropriate compensation for tasks based on location and experience
  • Sources
    • Types
      • Debt Financing
      • Venture Capitalists
      • Equity Financing
      • Angel Investors
    • Business Finance
      • Matches business owners with available funding

http://www.businessfinance.com/capitalsearch.aspx

(Boone & Kurtz, 2010)

  • http://www.pay scale.com/research/US/ Location=San-Diego-CA/Salary.
employee recruitment advertising
EMPLOYEE RECRUITMENT & ADVERTISING
  • Right People, Right Location
    • Recruit from the International Association of Professional Security Consultants
      • http://www.iapsc.org/
  • Employee Recruitment
    • Describe job, company, ideal candidates, opportunities, & application process (Boone & Kurtz, 2010)
  • Advertisement
    • Maximize exposure to reach the most people
    • List of top ten most effective job search web sites:
      • http://www.makeuseof.com/tag/top-10-most-effective-job-search-websites/
selecting candidates
SELECTING CANDIDATES
  • Organize resumes
  • Prepare interview questions
  • Set-up interviews with most qualified/ best potential fits
  • Offer jobs to best candidates
    • http://www.managerwise.com/article. phtml?id=456.
  • Orientation & Ethics Training

(Barlas, 2011)

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References

Barlas, D. (2011). “Hiring Your First Employee”. Small Business Information. Retrieved from http://sbinformation.about.com/lw/Business-Finance/Small-business-and- entrepreneurs/Hiring-Your-First-Employee.htm

Boone, G. & Kurtz, D. (2010). Contemporary Business (13th ed.). John Wiley & Sons, Inc.

IRS. (2010, August 20). Employee vs. Independent Contractor: Seven Tips for Business Owners. Retrieved from http://www.irs.gov/newsroom/article/0,,id=173423,00.html