The P.t. Entrepreneur Podcast
Ep779 | How To Figure Out Staff Break Even
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:10:36
- More information
Informações:
Synopsis
In this episode of the PT Entrepreneur Podcast, Doc Danny tackles the fear of making your first hire. Learn how to calculate the break-even point for a new employee, strategies for building their schedule, and how to overcome the anxiety of salary burdens. Whether you're hiring part-time or full-time, this episode provides actionable insights to help you grow your team and business with confidence. Key Takeaways: First Hire Fears: Hiring your first employee can feel daunting, especially with the perceived salary burden. Break-Even Calculation: Determine break-even by dividing the employee's salary by your average visit rate to calculate the required monthly visits. Part-Time vs. Full-Time: Both models can work, but full-time provides better focus and scalability if cash reserves allow. Initial Goals: Aim to get a new hire's schedule one-third full (break-even point) within the first 1-2 months. Growth Potential: Most full-time providers settle at 105-110 visits/month, far exceeding the break-even threshold.