Wanted to get everyone's opinion on hiring our first employee. My uncle and I own a small appliance repair and sales company.
Business is really starting to pick up, finally, after 5 years.
We're nearing a point where we'll be needing help soon to keep up with demand. There's a guy we met in the field with tons of experience who works as a repair tech for a big name store. His family owned two businesses which sold for a profit. Businesses he both managed. He has a business degree (online) and has expressed interest in coming on as a business partner to help us with growth and development, in addition to working in the field as a repair tech. He's asking for 20% while my uncle and I keep 40/40.
My uncle and I balance each other out. He has over 30 years of experience in appliance repair and has been training me. I take care of everything else on the business side. But I've hit a ceiling. There's a lot I don't know about business and bringing someone on board who does would allow me to leap frog that learning curve.
Employees tend to give a crap about the businesses they work for. But owners take care of and work hard for their business.
Any thoughts or advice on bringing on a business partner?
Sent from my SM-G955U using Tapatalk
Business is really starting to pick up, finally, after 5 years.
We're nearing a point where we'll be needing help soon to keep up with demand. There's a guy we met in the field with tons of experience who works as a repair tech for a big name store. His family owned two businesses which sold for a profit. Businesses he both managed. He has a business degree (online) and has expressed interest in coming on as a business partner to help us with growth and development, in addition to working in the field as a repair tech. He's asking for 20% while my uncle and I keep 40/40.
My uncle and I balance each other out. He has over 30 years of experience in appliance repair and has been training me. I take care of everything else on the business side. But I've hit a ceiling. There's a lot I don't know about business and bringing someone on board who does would allow me to leap frog that learning curve.
Employees tend to give a crap about the businesses they work for. But owners take care of and work hard for their business.
Any thoughts or advice on bringing on a business partner?
Sent from my SM-G955U using Tapatalk
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