Best of TSP | How Much Does it Cost to Hire with Ephraim and Rita Egbele

The Traffic Sales and Profit Show

Do you struggle to financially plan for expansion? As you grow your team, you need to know where their salary will come from and understand the financial capabilities of your company. Today on The TSP Show, Ephraim and Rita Egbele join us from the EFS Group, a team of certified accountants that serve business owners to reach their financial goals. Ephraim is the founder and managing director; his specialty is helping small business owners maximize their profits while lowering their tax liability. As the chief operating officer, Rita assists clients in financial audits. Together they help small businesses strategize and reach their financial goals.

To expand your team, you need to be in tune with your budget. In this episode, Ephraim teaches you how to find the money you need to hire new employees. He shows you how to think strategically and get creative with your hiring budget by adding high-ticket items or creating a steady recurring revenue stream.

Sometimes meetings can get in the way of progression. Rita shares how their team successfully transitioned from daily meetings to weekly meetings by changing the structure of their company. Giving your managers the power to communicate with their teams individually alleviates the need for constant meetings with your entire staff. She demonstrates how you can shift the responsibility to management and create more time for work to be completed, so you can focus on increasing profits.

If you want to expand your company’s financial capabilities, listen now!

Want to keep up with Ephraim and Rita Egbele? Find details here:

► Website:https://www.efsgllc.com/

► Services:https://www.efsgllc.com/accounting-services/

► Instagram:https://www.instagram.com/efsgrouppllc/

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KEY TAKEAWAYS

[00:00:00] Look at the revenue

[00:01:40] Do you have the capacity to hire

[00:04:00] Balancing work and meetings