It’s common knowledge that it takes time, effort, inspiration and more than a little bit of devotion to start a company. However, starting a company isn’t nearly as challenging as trying to keep it afloat during the first year or so. It’s during this period that the most critical decisions are made, such as what to prioritise compared to what could probably wait until the company is able to stand on its two feet.
For individual companies, one of the elements that tend to be put on the low priority list would be HR services. True enough, it takes a sizeable investment in order to successfully set up an HR department – or even just a small HR platform where you outsource HR services. That said, neglecting human resources is going to make it much more difficult to get everything else done; especially if you put it off for too long. It’s why London HR services see plenty of business, and why they would recommend thinking of an HR platform as soon as possible.
Tracking the progress of a few employees is one thing, but how about several dozen?
Once you’ve started reaching double digits with the number of employees you have, it will soon prove to be a monumental challenge to track each and every one of them sufficiently. Tracking progress is crucial to any business, and without an HR platform, most growing enterprises are forced to work much harder than they have to in order to track their employees correctly.
The amount of paperwork that builds up will be staggering
One of the reasons why paperwork becomes a problem in the first place is because many young businesses don’t have a reliable HR platform. Instead, the business owners are content to get the job done themselves. While this is fine while you still have a number of employees that you can count with your fingers, it will soon snowball into major issues if you continue to hire candidates without professionals handling HR.
You will need as many talented candidates as you can get
No matter what industry you’re in, businesses are working hard in order to get the cream of the crop as far as candidates go. You’re not going to get anywhere with candidates if you don’t have a reliable HR department tracking candidates and scouting for talent. It’s understandable to want to save resources for what you might feel is more important, but keep in mind that subpar talent can be a risky investment. Sometimes you’ll need to spend money in order to make that money back.
To conclude, while it’s true that many different elements need your focus and attention in order to successfully manage a start-up company, overlooking the HR department will only lead to problems down the line. It might cost a substantial amount, but it’s a worthwhile investment. Ensure the future of your start-up by getting started as early as possible – whether it’s through outsourcing or investing in your own HR department