How Many Employees Should You Have?

According to consultant Don Libey, multi-channel merchants (catalogers, e commerce businesses, retailers, direct marketers) should generate at least $375,000 in annual sales per employee (that includes the business owner). If you’re a small business or home-based business with low overhead and a lean operation, I think even $200,000 per employee is acceptable. That means if you are a solopreneur earning … Read More