Benefits of Keeping Family in the Business

In our last article, we pointed out some interesting cautions to take when thinking about hiring friends and family. However, just as many endeavors come with pros and cons, so does this one! So, if you’re in the position of expanding your business and taking on new employees, make sure to keep reading about why it may benefit you to consider close friends or family…

Keeping Family on Board…

  1. You Know Them Best: We hope this does not come as a surprise that whether we’re talking about your spouse, partner, friend, family member, sibling, past coworker, or any other close relationship you have, you likely know more about them than most other people in the world! Knowing all of the strengths of the person you hire before even placing them in a position is an enormous benefit for your business model. We encourage you to, again, evaluate the responsibilities of your open role in detail to be able to fully consider if this person would take over in a positive way.
  2. Surpassing Onboarding: Especially for those of you in a time crunch, on a start-up timeline, or crammed for expansion, hiring someone that you know, love, and trust will allow you to diminish the time it takes to run background checks, tests, and a whole bunch of time-consuming onboarding tasks. Time, as we know it, is the most scarce resource in the world! So lack of it may prove one of the best moments to ask a favor of a loved one.
    • Extra Tip: Look out for opportunities where you may require a temporary, informal favor! While this by no means should encourage you to ask for hours of volunteer work from your friends or family, bringing someone on to nail out a quick business problem, solidify the launch of a new role or opportunity, or to take some of the burdens off of your shoulders could prove enormously useful and beneficial to your entire company.
  3. Pre-Established Trust: In the same way that you will most likely be well aware of this person’s strengths to use to both their and your own advantage, it is more likely than not that you will be taking someone on with an already solidified level of trust. When this comes to delegating tasks and giving up certain responsibilities that you are used to mandating on your own, it is crucial to be able to hand off your duties to someone you know will prove their worth!
  4. They Care About You! While your business will always be your own “baby,” the people closest to you will also feel a personal investment in your success. Hiring someone who already feels an attachment to your company and its initiatives is someone who will stand by your side through thick and thin.

Now that you know the pros and cons of including those that you love in your business, you are ready to take on the hiring process!

Searching for a new position? Check out our open jobs list!

Missed Monday? Find out why NOT to hire people you “cannot” fire here!