Tips for employee recruitment on a small business budget

Small businesses often run on tight budgets, which can make it difficult to add new employees to their payroll even when revenue is streaming in. However, independent firms don't need to suffer from a staffing shortage if they use their employee recruitment budgets wisely.

From the start, owners can take a new approach by foregoing traditional advertisements in newspapers and instead listing job openings on their company websites, or posting announcements on social media pages, according to Business 2 Community. They can tap contacts in their professional circles, since those individuals may know customers or colleagues who would be the perfect fit.

Small business owners might also find they can recruit top talent by seeking out individuals who are interested in getting experience more than money. The source suggests bringing on apprentices, interns or part-time employees if budgets aren't big enough to onboard full-time professionals.

"We strive to find great people straight out of school; this strategy works well on several levels," said Justin Beck, cofounder and CEO of mobile and social gaming company PerBlue, in a list compiled by the Young Entrepreneurial Council that was recently published in Killer Startups.

Beck explains that since these job-seekers are recent graduates, they often have fewer financial responsibilities and are willing to accept lower starting salaries, but that they are also very passionate and fast learners, which can overcome experience deficits.