Can Small Businesses Increase Their Profits by Hiring Interns?

It’s no secret that most big companies hire interns each year to help increase their productivity. So why don’t small companies do the same? One of the most common responses from small business owners is that they don’t have enough time or money to get an intern. That’s because most small business owners don’t understand the massive benefits that they get when they hire interns.

In the past decade, having internship experience before you graduate college has become almost essential. Before being hired full time, employers want to see that the interns can perform in a professional environment and perform well. For this reason, applying for internships has become extremely competitive among students. So what does this mean for a small business owner? The high demand for internships means that it is extremely easy to get an intern. You will also get to pick from some of the best students that the college has to offer. These students will produce quality work and be highly motivated to succeed on all of the projects you give them. By shifting more projects over to your interns, you will have more time to focus on other more profitable areas of your business.

When you hire interns, not only do they increase your productivity, but they can also decrease your expenses. Hiring interns can be a cost effective way of staffing your organization. Although these students are very smart and capable, they don’t yet have the experience under their belt to command high wages. By hiring multiple interns, you can provide some valuable experience for the students while at the same time getting the output of multiple employees for the price of one.

Hiring interns can also be used as a way to reduce the risk associated with hiring full time employees. Hiring a full time employee can be expensive because you have to guarantee them a salary and maybe even benefits. If this employee turns out to be a bad fit for you culture or they aren’t as qualified as you thought they were then you could be in trouble. By hiring interns for a couple of months, you get the benefit of a trying out period. During this period, you have the chance to make sure that the intern is a good fit for your company and if they are qualified to eventually take over a full time position.

The difference between a small company and a big company is that the big company utilizes all of the resources that are available to help it grow and expand. One of those major resources is the use of highly motivated interns to share the workload. When you make the decision to hire interns, you will discover that you have much more time to focus on increasing your bottom line. If you are a small business owner looking for a way to get an edge on your competition, then you absolutely must get an intern today!

Author Byline: InternProfits.com
Author Website: http://www.internprofits.com

Article courtesy of the Recruiting Blogswap, a content exchange service sponsored by CollegeRecruiter.com, a leading site for college students looking for internships and recent graduates searching for entry level jobs and other career opportunities.