EXPECTED OUTCOME• BENEFITS:– Reduced workload – Increased market share– Increased profitability

RECOMMENDATION•OVERALL EXPANSION▫Hiring more employees▫Shared workload

Consideration forHIRING NEW EMPLOYEES

• Strategic Realignment

• Business Relationship

• Job Descriptions

• Funding

• Employee Recruitment

• Advertising

• Selecting Candidates

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

• 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

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

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

(IRS, 2010)

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• 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.pay scale.com/research/US/ Location=San-Diego-CA/Salary.

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

(Boone & Kurtz, 2010)

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

• Organize resumes

• Prepare interview questions

• Set-up interviews with most qualified/ best potential fits

(Barlas, 2011)

• Offer jobs to best candidates▫ http://www.managerwise.com/article. phtml?id

=456.

• Orientation & Ethics Training

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