small business contracts

When starting a new business, the early decisions can make all the difference. This includes choices like how you craft your business strategy or the tools you use to create a professional website, but equally important are the hiring decisions you make.

The policies you have in place from the very beginning will impact how early employees view their roles and responsibilities and will help set the tone for the future of your company. To get you off on the right foot, take a look at these seven policies that you should definitely have established before hiring your first employee.


Video still from Time Etc.

While every small business takes its own unique route, there are some standard exits along the road to success that eventually cause entrepreneurs to ask themselves “am I in this for the long haul?”

Most ventures start as a side project squeezed into the off-work hours of evenings and weekends. But if business is good, the owner will soon have to decide whether they are going to make a full time commitment – or take the next exit. This is when a project usually becomes a sole proprietorship, with one dedicated employee working out of a home office. If the business continues to grow in scale and complexity, the owner will soon find themselves asking, “how much longer can I do this on my own?”



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