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TBL Episode 11: The Cost Of Scaling Your Business And Why It Can Be Terrifying
The Bottom Line by Evolved Finance
English - July 18, 2017 06:00 - 20 minutes - 18.7 MB - ★★★★★ - 10 ratingsEntrepreneurship Business finance businessstrategy evolvedfinance onlinebusiness smallbusinessaccounting Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: TBL Episode 10: Why we love big tax bills and you should too
Scaling is a big-time buzzword in the entrepreneur world. It essentially means a business is trying to figure out how they can setup their operations to serve a larger quantity of customers and clients. For small online businesses, that almost always entails hiring people, which can seem like a scary endeavor. It not only means learning how to delegate work and manage others, but it also means taking on more labor expenses. That’s why in our latest podcast episode, we discuss the cost of labor in an online business. We share insights into the most common contractors we see online businesses hire first as well as how much our clients are spending on building their teams.
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