If you’re going to be doing something exclusively online with only yourself to worry about you probably don’t have to pay that much attention to this item. Everyone else does. Hiring good workers is not easy. The key word is “good.” Will they be diligent, honest, cooperative, etc.? You can advertise the jobs yourself or go through staffing agencies. Perhaps the latter would be a better because they have at least done some screening for you. Keep in mind that hiring someone is unfortunately more of an art than a science. Be sure you have a trial period or otherwise you might be stuck with someone you really don’t want. And firing is not that easy these days. If you do find it necessary, you’ll need to have a paper trail or you’ll be involved in lawsuits. And, it can be a hassle figuring your payroll each week, with all the benefits, insurance, and taxes. Many outside companies are set up to do this for small businesses. Better them than you.
8. Planning for Slow Times.
Southern California is a great place to live – primarily because of the weather. It is sunny most of the time. And since almost everyone has a car, car washes have sprung up everywhere. They can be very profitable. But this past winter and spring something strange happened – it rained! And it rained a lot! We’re talking record amounts. This pattern went on for weeks. All the car washes were closed. Hopefully the owners planned for this because a lot of money was lost. The same holds true for any business. You need to plan for slow times. Most business plans recommend having up to 6 months of operating cash. Remember, the prudent attitude for running a business should be that anything can happen, and probably will.