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Financially Simple Bizcast

The Financially Simple podcast is your one-stop resource for small business owners. Gain unique insights into growing, refining, and selling businesses. You will hear ways business owners have reduced their tax liabilities, increased their income, improved office morale, saved for the retirement of their dreams, and more.
Host Justin Goodbread is a serial entrepreneur, award-winning CFP® (Certified Financial Planning professional), CEPA® (Certified Exit Planning Advisor), and CVGA® (Certified Value Growth Advisor) with years of experience guiding business owners from start to exit in their business.

Nov 29, 2018

In episode 112 of Financially Simple, Justin looks at Seven Key Processes that a Business Owner should have in place for their Employees.

Having set processes established in your company with regard to the handling of your Team’s hiring, performance, advancement, firing and retirement will add value to your Business. Justin goes over his seven Key Employee Processes that will help your Team and Business succeed.

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01:03 - The Employee Systems needed for Maximum Value

01:57 - Having Processes in Place

03:02 - The Hiring Process

07:31 - The Performance Management Process

08:02 - The Education Process

10:09 - The Recognition Process

12:00 - The Advancement Process

13:08 - The Firing Process

16:09 - The Retirement Process

16:51 - Closing



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Neither Financially Simple, LLC nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances. Justin Goodbread, CEO of Heritage Investors, LLC, a Registered Investment Advisor, is an Investment Advisor Representative who offers advisory services through Heritage Investors. The information contained within the podcast is for informational purposes only and not considered investment advice. Seek help from a competent Financial Advisor.