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One of the biggest secrets to success -- Delegation, Joint-Ventures And Outsourcing

If possible, try to avoid taking on employees due to the high expense and also

because it is "easier to hire than to fire!" One of the biggest problem

if small companies take on employees is what happens if they need to terminate

someone's employment due to incompetence etc. It can lead to all sorts of legal

problems such as industrial tribunals.

It is the sort of hassle that you just don't want, unless of course you are a

medium to large company and could absorb these costs.

The best way to "employ" people is to have them on a self-employed

commission-only basis. Please check with your local tax office first.

Try delegating some of your bouncy castle rental work to family and friends.

Don't try and do it all yourself.

Perhaps think about teaming up with someone and sharing the workload and the

profits. Divide the tasks up according to what you most enjoy and are most

competent at.

For really boring jobs that you hate doing such as book-keeping and cleaning

your inflatables -- why not consider outsourcing it to others who may love what

you hate doing! A real win-win situation.

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