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Episode 47: Episode 47: Hiring Contractors vs Employees
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In the beginning, it may look like you’re saving money by hiring a contractor. But over time, contractors cost way more than employees. There’s a mindset that hiring a contractor will save money. That's not the case in most situations. Small businesses may feel that contractors are the best solution, but it's a temporary one at best. And if done incorrectly, can cost you lots of money if the IRS comes knocking. Just ask Microsoft! Today I'm talking about building your team with little to no contractors and why it's a smart move to focus on hiring in-house employees.
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