Friday, October 26, 2007

Q & A: What is Staff Turnover and how large or small would it be for Small Business?

Here it would be desirable to have a large turnover, of cause.In both cases it is true to say, it does not matter what kind of small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer- or Personal business, like professional, contractors, freelancer, self-employed, sole-trader and virtual assistants, you run. It may be more related to things like: Market segment;Management environment;Staff experience, to name but a few.You can always speak with some other small business owners or get some market segment data from information agencies, maybe they can give you a better idea of where you should be with numbers, comparing yourself to your peers is always a good idea.I like the question, it makes for some interesting planning exercises for bootstrappers.

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[Source: THE SMALL BUSINESS BLOG]