When to Hire Employees (Without Overspending): Profit First Hiring Strategies with Michelle Scribner episode artwork

EPISODE · Apr 10, 2025 · 54 MIN

When to Hire Employees (Without Overspending): Profit First Hiring Strategies with Michelle Scribner

from Don't HR Alone · host Rhamy Alejeal

Hiring is one of the biggest — and riskiest — expenses for any small business. In this episode of the Don’t HR Alone podcast, host Rhamy Alejeal sits down with Michelle Scribner, CEO of Sum of All Numbers and Master Certified Profit First Professional, to unpack when to hire, how much to spend on labor, and how to protect your business from cash flow disasters.Whether you’re thinking about your first hire or trying to scale a team, Michelle and Rhamy deliver real-world benchmarks, simple frameworks, and financial guardrails that every entrepreneur should use to build a sustainable team.What You’ll Learn:✅ How to calculate whether you can afford to hire✅ The Profit First method applied to labor costs✅ How much of your budget should go to payroll (and why it’s probably wrong)✅ What percentage of real revenue should be operating expenses✅ When it’s OK to dip into your owner’s profit to invest in staff✅ What to do if your unicorn employees are burning out💬 What’s your biggest hiring mistake—or the best one you ever made?👇 Let us know in the comments!💻 Visit Michelle Scribner’s Website:Explore financial clarity and support at https://sumofallnumbers.com/📲 Follow Michelle for More Insights:Instagram & Facebook: @sumofallnumbersLinkedIn: linkedin.com/in/michelle-scribner-94ab881aa📧 Get in Touch:Email Michelle directly at [email protected]✅ Take the Free Business Financial Health CheckIn just 2 minutes, gain personalized insights into your business’s financial health. Start here ➡️ https://bit.ly/3Ws4gLB📅 Need help now? Book your FREE consultation with Rhamy Alejeal today — exclusively for U.S.-based businesses with 10+ employees https://youtu.be/xVHqnfJE4WI

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When to Hire Employees (Without Overspending): Profit First Hiring Strategies with Michelle Scribner

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