Can Your Business Support the Hire You Keep Putting Off?

Julianna explains that the hire founders keep delaying is usually a visibility problem rather than a money problem, because many people rely on feelings instead of data and do not know what the next 30 to 60 days look like financially. She shares a client story where the numbers showed a quiet four-week period which was normal in the business, the part-time support cost was manageable and the freed-up time increased capacity for work already in the pipeline. She outlines four steps to assess a hire: calculate the true monthly cost, map the next 60 days of confirmed cash in and out, check timing and buffers and consider what the hire enables. She also highlights the cost of waiting (time, energy and growth) and also promotes an EOFY checklist, a cash flow confidence calculator and a June workshop.

00:00 Hiring Hesitation Explained

01:22 Why Founders Delay

03:01 Client Story Breakthrough

05:34 Feelings vs Cash Flow

07:47 Four Step Hiring Test

10:07 The Cost of Waiting

11:31 EOFY Resources and Workshop

12:45 Your Next Action Steps

14:23 Wrap Up and Next Episode

If you are listening to this podcast, chances are you are already on your way to exploring your numbers with a desire to understand and master your business finances, realising the transformative power that numbers hold for your business success.

The EOFY Checklist will be available - if not there yet already - on our website under Resources.