Here is an interesting article that I came across this morning regarding the steps small business owners should take when hiring for positions next year. I found the article to provide some very good ideas that many small business owners can benefit from. The advice to consider converting employees to independent contractors (IC’s) and/or hiring contractors is pretty sage, but I personally would seek out independent contractors outright. Converting employees to IC’s can be pretty dangerous and is frowned upon in the eyes of the IRS and other regulating bodies. The best advice in the article to me was the last suggestion to change your thinking and get away from the 8-5 work day. There is currently a change occurring in the working environment and many jobs can be done from the comfort of one’s home and at a cheaper price. This is definitely on way for a small business owner to save money in the long run. Let me know what you think small business owners.
B. N. S.