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This Is Only A Test

Hiring a new employee can be risky business. What if she doesn’t fit in with other employees? What if his skills aren’t a good match with the job? What if she’s a slacker? To be sure your new hire is up to the job, set up a probationary period, even for part-time employees. Typically, a probationary period lasts 90 days. But state laws may dictate the length and requirements. Check with your state’s employment office for details.

Cash Strapped

Startup businesses can save some of their precious cash by leasing instead of buying. Equipment, vehicles, even offices can be more easily leased than purchased. Leasing generally requires less of a cash outlay than buying. And leases are simpler to secure than bank loans because you usually don’t have to provide an extensive financial history.

 

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