Hiring someone is a promise to help them pay their bills in exchange for their time.
1. When business is slow, you pay salaries and declare a loss.
2. When business is good, you pay salaries and declare a profit.
You pay salaries first, and make do with what's left.
1. When business is slow, you pay salaries and declare a loss.
2. When business is good, you pay salaries and declare a profit.
You pay salaries first, and make do with what's left.
I have hired over 300 people across multiple businesses (both mine and as a paid manager) and have NEVER missed a single payroll even when the businesses struggled.
I pay salaries first and on time, and make do with what left.
I pay salaries first and on time, and make do with what left.
I paid the salaries for one of my businesses from my personal reserve for 3 years.
That business made a loss for 3 straight years but the employees always got paid in full and on time.
Hiring someone is a sacred responsibility, guys.
Do onto others...
That business made a loss for 3 straight years but the employees always got paid in full and on time.
Hiring someone is a sacred responsibility, guys.
Do onto others...
