When Can You Afford to Hire A Team?

Ken Yager contributed to this article for Monster Jobs.

If you do decide to bring on new people and are unsure about your ability to take on a full-time person, consider doing so gradually. Hire a part-time person for three to nine months to establish processes, says Ken Yager, president of Newpoint Advisors, a company in Schaumburg, Illinois that helps organizations focus on cash flow.

Taking the time to ramp up from part-time to full-time — or temp to perm — can give your cash flow some breathing room as your company grows.

Read the full article here.

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