As your business grows you may find that the skills and knowledge required to manage it effectively grows at the same time! Aspects such as GST, staff management, and computer skills can become increasingly important for growing businesses. You may also find that the growing workload is too much for you to handle by yourself.

Before employing anyone new, it is a good idea to review all of the skills of the people working in your business (owners, directors, staff and family) and then look for gaps. Make sure the people you employ have these skills or are willing to learn them.

In some situations the best way to meet the business' skills requirements is by outsourcing. This strategy works well when specialised skills are required, particularly when the amount of time involved is relatively small. Examples may include the use of accountants, bookkeepers, marketing consultants, and solicitors. Appropriate use of professional service providers can save you a lot of time and money.

Before you employ staff, be aware that there are a number of legal and regulatory considerations that you will have to comply with (superannuation, workers compensation insurance, award wages, PAYG etc). You will also have to ensure your workplace is safe for people other than yourself, that you are able to manage staff and that you have sufficient work space and materials for them. Sometimes this will involve a thorough review of your policies and procedures.

All new staff will require training, so it is a good idea to recruit them at least a few weeks before you really need their contribution.

Aboriginal Tourism Australia's Financial Management Guide (chapter 1.4) (Click on the link 'Section 5') offers some very useful information about employing and managing staff. Some of the CDEP information may need to be checked to ensure it is up to date, and you can do this by checking with your local CDEP field officer.

www.business.gov.au has detailed information about employing staff giving you details about your obligations and your employees entitlements.