Hire more staff to boost profits, SMEs urged
Ironically, lower employee numbers actually reduces cash flow and profitability in a business, says one owner, who has taken the advice of one of the judges on Shark Tank in the US.
Referring to New York real estate magnate Barbara Corcoran, Lachy Rowston – of CrossFit Creature gyms and The Mind Muscle Project podcast – says taking on more staff sooner rather than later has been a key to helping his business steadily grow.
Read the full article on My Business.
