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Ep 84 The Employee vs. Contractor Debate: Which is Right for Your Business
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As an OT business owner, it can be challenging to decide when and who to hire first!
(We have a podcast on that, btw. Click here to listen!)
Most OT founders will inevitably hire a contractor first. Contractors are typically paid a flat fee, pay their own taxes and have more flexible working hours and project timelines. Plus, if you’re worried that you won’t have the business to provide them (think Feast and Famine of clients any given month), then contractors seems much safer.
Once you hit $100K and over, are in the growth and scale phase of your business and team leadership, I recommend you take an in depth look at hiring employees.
I know it’s scary.
But there are major advantages to your company, including utilizing Key Performance Indicators to ensure the growth of the employee and the company.
Listen here to take this common topic from overwhelming to “ok, ok. It’s starting to make lots of sense!”
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