When you’ve put more hours into your business than you’d care to admit, it can be hard to ask for help and hire others onto your team. Your company is your baby. Why would you want to bring someone else in? 

It’s clear that many small business owners are overworked. A recent study found that only 57% of small business owners take vacations, and, even when they do take vacations, a good chunk still work when they’re supposed to be taking some time for themselves. If you feel like you’re always working and can never catch a break, or if you’re turning down work because you’re just too busy, you might want to consider hiring some help. 

Or, maybe you need some specific help. As much as you may not want to admit it, you can’t do everything at once. You can’t be a web developer, graphic designer, communications professional, and business professional all at once. 

Hiring another employee can be incredibly helpful, especially since the average small business generates $100,000 in revenue per employee. But it also comes with plenty of risks. Make sure you’ve shopped around for the perfect HR software for your small business. Finding and hiring an employee can take 42 days or more. 

Fundera laid out some clear signs it’s time to hire your first employee.  

Please include attribution to fundera.com with this graphic.

7 signs it

Author: Meredith Wood

Editor-in-Chief, Fundera Bio: Meredith Wood, Fundera’s editor-in-chief, has specialized in financial advice for small business owners for almost a decade, and is sought out frequently for her expertise in small business lending.