Tradies are often self-employed and come as a one man band but as their trade business grows over time, tradies might insist to do all things on their own, including business admin. Hiring an employee can feel like a huge step from being a tradie to being responsible for another person as an employer. Many trades business owners start by using a good business advisory service or accountant for tradies that can guide them.
Do you lose business because you can no longer keep up with the demand or are you pulled away from business aspects that you need to focus on because you’re juggling too many tasks? Small business owners are used to working long hours but being a business owner should not mean burning out. Hire your first employee to allow your small business to keep growing.
Accounting for small business
Once you estimate the cost of hiring an employee, think of the rewards they could offer or ask how much not hiring one will cost you. An employee will share the work so you can grow your business. You can increase productivity and take away the burden of admin tasks. As a tradie, you can take on more customers. Your trade business can also benefit from a good reputation – with two tradies working on their project. Your tradie employee will also lighten your load.
As you look for different ways to grow and improve your business, seeking professional advice could prove to be an important and helpful decision.
You can click here to speak to a business, accounting and bookkeeping firm. We also offer hospitality business consultation and mortgage services. We will give you a call to know more about your needs. We will explain to you how we can improve your business.
We would love to help you formulate investment strategies and streamline your processes to take your business to the next level. Our goal is to help you grow your business, find ways to invest more and increase your productivity.
Sky Accountants Ballarat
Phone: 1300 328 855
Office Address: 902 Howitt Street, Wendouree, Victoria 3355, Australia
Postal Address: PO Box 2234, Bakery Hill, Victoria 3354
Sky Accountants Gisborne & Macedon Ranges
Phone: 03 97444522
Office Address: 45 Hamilton Street, Gisborne, Victoria 3437, Australia
Postal Address: PO Box 270 Gisborne Victoria 3437