Discussion E
Recently, my husband and I, started our second trucking business. The first
one failed for many reasons but mostly because we didn’t understand many aspects
of being in business. One area we never even thought to implement was human
resources. We were both laborers and tried to steer clear of as much office or
clerical work as possible. Now, we understand and welcome the concept of human
resources.
In fact, one of the reasons we decided to give the trucking industry a
second chance is because of the lack of care shown towards drivers in many
trucking companies we have worked for. Simply put, the companies do not
appreciate their drivers which in turn creates a horrible working environment and
employees that careless about their job. This, in my opinion, creates not only a
horrible daily work environment but also a safety issue. When you have truck drivers
that are there just for a paycheck, they refuse to put their full effort into maintaining
their equipment and this can be costly as well as scary if something breaks down on
the highway.
Now, I know you’re asking yourself, what does this have to do with our
discussion? Well, I found an article at Human Resources Today that surveyed CEO’s
in Health and Human Services industry, on their top priorities in 2017. The two tasks
they agreed on as their top priorities are, recruiting and retention and engagement
and satisfaction (Clark, 2017). These happen to be the same tasks I have on my list
in my business. I want to find quality help and then be able to keep them by being
different then what they are used to within this industry. Our company will set it’s
self apart from others by implementing an employee appreciation initiative.
Thankfully, we have seen the error of our ways and now welcome human resources
as a part of our big picture.
For the second half of the discussion, here are five different legal forms of
business.
Sole Proprietorship
LLC (Limited Liability Company)
C Corporation
S Corporation
Partnership
For our trucking company, we chose a LLC. Per Investopedia, a LLC is a corporate
business structure where the members cannot personally be held liable for the
company’s debts or liabilities (Staff, 2003). We chose this just for the added
protection because we plan on bringing on other partners in the future, therefore,
we would not be liable for another partners debts or liabilities.
References:
Clark, J. (2017, April 7). CEO Insights: Workforce Management Trends 2017. Retrieved
from:
http://www.humanresourcestoday.com/2017/trends/?open-article-
id=6409558&article-title=ceo- (Links to an external site.)Links to an external site.
insights--workforce-management-trends-2017&blog-domain=datis.com&blog-
title=datis
Staff, I. (2003, November 23). Limited Liability Company - LLC. Retrieved from:
https://www.investopedia.com/terms/l/llc.asp (Links to an external site.)Links to
an external site.