6 Answers
If you are a small company that's just trying to grow, I would start with hiring a subcontractor to do the job. You may have to pay a little more than you would an employee. However, you would not have to deal with an employee's health insurance, unemployment insurance, payroll and tax withholding requirements. When time is tough, you don't have to fire the employee. All you would need to do with a subcontractor is not to renew the contract or give him additional work.
Later on when your company grows a little bigger and has become more stable, you can then hire employees to work for you.
12 years ago. Rating: 7 | |
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12 years ago. Rating: 6 | |
A lot depends on how you want to structure your company. Either approach can be accomodated within a formula for customer billing purposes. But, structuring your company to utilize sub-contractors will circumvent a lot of issues such as offering personal insurance, which is something employers are now going to have to take into consideration nowadays.
12 years ago. Rating: 6 | |
There are so many variables in this you are best advised to talk to a very experienced accountant for a start.Employees can be such a drain in certain circumstances then on the other hand it's not always easy to find subbies for the work & there is usually a high turn over of subbies because they will readily move on for more money. Most successful construction businesses will employ both.Employees in key positions & subbies in other areas.Finding the balance is the hard part.
12 years ago. Rating: 5 | |
Dude I'm not sure why you are so aggressive but yes I appreciate the time you took to send me the link and I will certainly pursue it.
12 years ago. Rating: 2 | |
Hey colleen thought I'd ask if you are grumpy like Dude and isn't it easy on line to be passive aggresive hiding behind the safety of the internet... I thought the answers I received from those that took the time to give me a little of their time with out the attitude were well thought out and I well take the time to thank them "THANKS"
12 years ago. Rating: 0 | |