Wednesday, December 19, 2012

The Best Way to Find Companies Hiring

I do not know of a best way to find a company that may be hiring, but a good way is to start with the companies that are growing.

Look for companies that are advertising new products. If they are advertising they are probably making sales. Sales mean they might need more people to handle everything from product design to people on the shipping dock. Pay attention to every advertisement on TV, radio, in print, or on local websites.

An obvious indicator of growth is a company that is experiencing increasing revenue (income) over time. You will have to do a bit of research to find the numbers, but websites such as Yahoo Finance (http://finance.yahoo.com) have the data. Enter a company name or stock symbol in the Get Quotes field. When the company page appears click on the Income Statement link on the bottom of the left hand side of the page. This will give you three years of data on the company's total revenue, gross profit, and net income. A growing company will show Net Income increasing each year.

One of my own favorite sources are local business publications. In the area where I live a local business magazine prints the "25 Fastest Growing Companies" in our state every December. Check on business publications in your state or city. The data they provide is fresh, local, and is a bargain - just the price of the magazine.

You won't find this information on job boards. Since this approach of identifying growth companies requires a bit of extra effort, you won't have a lot of other people competing for this information.

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