The Power of Internships: Helping to Grow Your Business

by Dan on October 24, 2011

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Getting employees is a step forward for any business, but it is a risky venture for a one-person business to undertake. The costs involved and the prospect of managing someone else’s workload can seem overwhelming, but there is a solution to this problem that is used by even the mightiest businesses:  unpaid internships.

To test out the possibility of having a potential employee, advertise an unpaid internship lasting for a duration of around 2 weeks in the local paper, or on a forum that is likely to attract the kind of person you want to employee.

If you run the kind of business that requires an analytical, logical and methodical approach to work, it may be wise to offer an internship to local university students. Often students are keen to work in unpaid internships because it allows them to give depth to their C.V and you will benefit by discovering if having an employee is likely to benefit you.

Remember, of course, that you must look beyond the exact results of the two weeks. Your efficiency and productivity will inevitably experience some drop, as you will be taking time out of your usual work schedule to train up the new employee. This is where proper preparation proves invaluable; if you’ve prepared well, you should find your new employee learning the ropes pretty quickly. The quicker they learn, the quicker you can settle down into your new routine and begin assessing the viability of you becoming an employer.

You may be able to quantify the benefit immediately, you may not. It may be that having an employee doesn’t directly increase profits, but that having an employee adds more structure and focus to the business, allowing you to diversify and try out new ideas that you’ve been planning for a while.

Either way, it’s a step forward in the right direction and could help take your business to the next level!

Remember to check with your local council, as sometimes they offer incentives to businesses that decide to employ a small workforce.

Sincerely,

Dan Little

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{ 1 comment… read it below or add one }

WILLIAMS27Wendi October 29, 2011 at 5:38 pm

Different people in all countries get the mortgage loans in various banks, just because it is easy and fast.

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