How can I run a business without "Employees"?

[BBBTree]

Re: How can I run a business without \"Employees\"?

How much did you solo subcontractors charge for your work?

The deal I have right now is $25hr plus fuel and dump costs.

 

[jomoco]

Re: How can I run a business without \"Employees\"?

A lot more than you!

3 bills low end, 5 bills for serious stuff.

jomoco

 

[BBBTree]

Re: How can I run a business without \"Employees\"?

I wonder if it still pays like that. I heard a lot about making good money only a few years ago, and it's not there any more.

 

[treehumper]

Re: How can I run a business without \"Employees\"?

It's not about making good money as much as it is about being paid as a business not just an off the books employee.

Consider what you'd make as an employee, add the payroll overburden (employer contributions to SS, UI, etc...) Add on insurance, administration costs, overhead, and, last but not least, gross profit margin.

If you could be earning $25/hr as an employee then you need to be charging a whole lot more as a contractor to cover all the expenses otherwise incurred by the employer.