Bookkeeping Services From $150 Per Month

No Catch Up Fees & Free Incorporation

Get Started

One of Edmonton’s highest rated Bookkeepers!

Edmonton Bookkeeping Icon 5 Stars

Read Reviews

Edmonton Bookkeeping Preferred Bookkeeper

Many business owners may not realize this until they own their own business says Edmonton bookkeeping, but finding the right staff is very difficult. In fact, with 50% of entrepreneurs failing within 5 years, 23% of failed entrepreneurs say that the reason their business failed was because they could not find the right people in their business. However, business owners typically blame themselves and their interview techniques at being the reason why they are unable to find the right people in their business. However, business owners should understand that no matter how great their interview technique and questions are, if they were not getting the right candidates into the interviews, they had little chance of hiring great people.

The question remains says Edmonton bookkeeping how business owners can ensure that there interviewing the right candidates in the first place. This ultimately comes down to numbers. The more people that an entrepreneur is able to meet an interview, the higher likelihood of one of those people being the right fit for their business. studies have been done that show in order for a business owner to find the one right person for their business, they must interview hundred people. It is almost impossible for entrepreneurs to be able to interview that number of people simply by holding one-on-one interviews. Large companies are able to do this, because they have an entire HR department dedicated to finding people. Small businesses and entrepreneurs on the other hand have much less time that they can use to find the right person.

This is where group interviews, in handy says Edmonton bookkeeping. Rather than meeting candidates one at a time, taking an hour up of a business owner’s time to try to find the right fit for their business, holding a group interview is an effective way that entrepreneurs can maximize their time, by meeting a large pool of candidates in the same time it would have taken them to interview one.

How entrepreneurs can start this process, is simply by choosing a time to hold a group interview and when they receive applications to their business, invite them out to that timeslot. Edmonton bookkeeping says ideally, entrepreneurs may want to have several group interview slots, so that if candidates cannot make one, they should be able to make another. This way, a business owner will be able to meet several people on several days, and maximize their chances at meeting the right fit for their business.

Also, instead of trying to read all the resumes ahead of time, and determine who they want to meets, a business owner can save significant amounts of time by not reading any resumes ahead of time, and meeting everybody who applies. This way, they will not be discounting anyone ahead of time based on a resume, that is typically a poor representation of all candidates anyway.

By learning how to conduct group interviews, Edmonton bookkeeping says entrepreneurs can meet a significantly higher number of candidates in a shorter period of time, and maximize their chances at finding the right fit for their business. This is a much more effective way at interviewing, especially for entrepreneurs who are typically short on time in the first place.

Edmonton Bookkeeping | White Entrepreneurs Struggle At Finding Great Staff

It is very important for entrepreneurs to have great staff in their business says Edmonton bookkeeping. Jim Collins, the author of 6 business books says it best when he wrote “ those who build great companies understand that the ultimate throttling growth for any company is not markets, or technology, or competition, or products. It is the one thing above all others: the ability to get and keep enough of the right people.” With how important finding the right people is for all businesses, entrepreneurs should learn how different interview techniques can help them find the right person.

Group interviews are an effective way of doing that, because an entrepreneur can meet several people within the same hour that they may have dedicated to one candidates who is not a good fit. By inviting all candidates out to the group interview slots, an entrepreneur can meet may be 5, 10, 20 or more candidates at the same time. Not only is this very time effective, but it also allows an entrepreneur to see all of the candidates at the same time, they can compare them to each other. This can help them identify who would be a great fit for their business.

During the group interview, and entrepreneur should only ask one question. Instead of stressing about what series of good questions they should ask that will let them see several different sides of the candidates, Edmonton bookkeeping recommends that entrepreneurs ask the single question to all applicants: why do you want to work here? This is not why do they want to work in the industry, or why this location is convenient for them. The answer that an entrepreneur is looking for, is what is it about that specific business that they are drawn to. Is it the values, is that the way the business owner operates, is it because they are emotionally connected to the mission and vision of the business?

when business owners find applicants that answer the question this way, they know that they will typically have staff that are devoted to the business, and will be less likely to leave because they are getting a dollar raise somewhere else, or if there is another business closer to home. This will allow business owners to find the staff that will be dedicated and devoted to helping the entrepreneur grow their business and become successful.

Business owners should not stress about how to conduct the best one on one interview says Edmonton bookkeeping. The one-on-one interviews are outdated and ineffective at identifying great staff. Instead, group interviews are much more effective at helping entrepreneurs meet the right number of people so that they can increase their chances of the right staff being in one of those interviews. As owners should not worry if they do not end up finding the right staff member within the first few group interviews, by holding them on a regular basis, an entrepreneur can increase their odds of finding the right people for their business.