TOZZIBLINKZ
VIP Contributor
Majority of business owners in the process of planning the implementation and the establishment of their business ideas are usually faced with the problem of how much of employee they should initially employ to keep the business practices and activities afloat . and some of them have refused to establish their business as a result of not being able to answer this question . According to business experts and gurus it is important to employ your employees depending on the amount of your initial capital . you shouldn't make the mistake to employ more than what your initial capital can carry .
To be more elaborate , 10 to 15 employees for a for a start of a minimum business organisation is okay , and you can consider employing more employees when the business profit and income increases . Labour is an important factor to boost business output and productivity but yet it shouldn't be over employed , because over employment of labour in a particular business organisation will make the business organisations to be in the rate of diminishing return which has devastating and disappointing effect and result on The business . So it is best to employ your employees in relative to the increase of a business output , reputation , Goodwill , and productivity
To be more elaborate , 10 to 15 employees for a for a start of a minimum business organisation is okay , and you can consider employing more employees when the business profit and income increases . Labour is an important factor to boost business output and productivity but yet it shouldn't be over employed , because over employment of labour in a particular business organisation will make the business organisations to be in the rate of diminishing return which has devastating and disappointing effect and result on The business . So it is best to employ your employees in relative to the increase of a business output , reputation , Goodwill , and productivity