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Small Businesses are Not Hiring - Why Should They?

globaleconomicanalysis.blogspot.com

3 points by startuprules 16 years ago · 2 comments

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wccrawford 16 years ago

Why should they? For the same reasons as always. They still need workers in order to make more money.

If they -don't- need workers, they shouldn't be hiring no matter what the economy or government looks like.

  • hga 16 years ago

    Well, it's implied that we're talking about hiring more workers. For an established firm, there are many options:

    Leave money on the table. We're all familiar with companies that have died from expanding beyond their long term prospects or a short term down turn.

    Get more out of your current workers; plenty are willing to work overtime for the usual compensation (obviously I'm talking about non-exempt workers).

    Hire part-timers and/or contract workers.

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