Human Resources

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Human Resources

  1. 1. <ul><li>Finding potential Good employees </li></ul><ul><li>Inspiring them to do their best for your company </li></ul><ul><li>Keeping them motivated so they don’t move to another company </li></ul>Human Resources: People make the difference !
  2. 4. Job descriptions <ul><li>What will this new employee be responsible for? </li></ul><ul><li>Part time/ full time? </li></ul><ul><li>Where do they fit in the organization? </li></ul>View sample job description: http://www. careerplanner .com/DOT-Job-Descriptions/MANAGER-DEPARTMENT. cfm
  3. 5. Where can you find Good employees? <ul><li>Make use of your network. Ask people you know if they know someone who is good at XYZ </li></ul><ul><li>Personal recommendations are valuable to employers. </li></ul>
  4. 6. More sources for finding people. <ul><li>Local school, college, or university. </li></ul><ul><li>Employment Agencies </li></ul><ul><li>Temporary employment Agencies </li></ul><ul><li>Government Employment Agencies </li></ul><ul><li>Newspapers </li></ul><ul><li>Internet Employment services. </li></ul>
  5. 7. Selection Process <ul><li>Now you have some applicants its time to… </li></ul><ul><li>look at/ sort resumes </li></ul><ul><li>Interview applicants </li></ul><ul><ul><li>What Questions would you ask? </li></ul></ul><ul><li>Check references. </li></ul>
  6. 10. Hiring Decisions for Entrepreneurs <ul><li>Decide who you need to hire. Develop a job description? Selection process? </li></ul><ul><li>What skills will they need to compliment your skills and grow the venture? </li></ul><ul><li>Will they be part time, full time, permanent, contract employees? </li></ul><ul><li>How much can you pay? </li></ul><ul><li>What benefits, incentives can you offer? </li></ul><ul><li>How will they be trained? </li></ul>
  7. 11. External Venture Team <ul><li>Advisors, consultants, support groups who can offer advise and services to help entrepreneurs </li></ul><ul><li>Lawyers </li></ul><ul><ul><li>Choosing best form of ownership </li></ul></ul><ul><ul><li>Register business name. </li></ul></ul><ul><ul><li>Advise knowledge of laws and bylaws. </li></ul></ul><ul><li>Banker </li></ul><ul><ul><li>Financial Advise </li></ul></ul><ul><ul><li>Loans, business suggestions </li></ul></ul>
  8. 12. External Venture Team continued <ul><ul><li>Accountant </li></ul></ul><ul><ul><li>Official Financial Statements </li></ul></ul><ul><ul><li>Tax preparation and Advise </li></ul></ul><ul><ul><li>Real Estate agent </li></ul></ul><ul><ul><li>Location selection </li></ul></ul><ul><ul><li>Space required, parking, zoning, construction </li></ul></ul><ul><ul><li>Insurance Agent or Broker </li></ul></ul><ul><ul><li>Type of insurance, protect property, assets. </li></ul></ul><ul><ul><li>Liability. </li></ul></ul><ul><ul><li>Management Consultants </li></ul></ul><ul><ul><li>In business to help entrepreneurs manage their venture at all stages of the Business cycle. Introduction, growth, maturity, decline.- access to specialists in many areas. </li></ul></ul>

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