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Of all the “hidden†costs of owning a business, the time it takes to find and implement a new hire is one of the largest. Hiring someone new is far more involved than figuring out salary and benefits. The soft costs of lost productivity, added stress, and time to interview applicants can negatively impact a business’ bottom line. Successful advisory business owners need to approach hiring the same way they build their business in every other area: by creating a proactive process.
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