Have you been wondering whether you should engage an employee or a contractor? I’m here to help you make this important decision today.

As our businesses grow, our needs will change. We must remember that what suits us right now may not suit us later on so we have to make our decisions with the future in mind.

In this episode, I’ll explore the differences between engaging an employee and a contractor, and which one would be the best fit for your business.

We’ll look at what you want to achieve in the role, exclusivity, delegation and how we want this team member to operate in the long term.

Take this time to reflect on exactly what you need from the role. Do you want them to only work for a few hours a week? Do you want them to be a long term team member and grow with your company? We’ll run through more questions you can ask yourself to build clarity around how you envision this new person fitting into your team.

I’ll also discuss the legal aspects of exit strategies and written agreements to make sure you have thought it through and covered everything. It may surprise you to learn that in some cases it’s more beneficial to hire an employee than a contractor when you need to end the agreement.

By the end of the episode, you’ll have a very clear idea of which one you want to engage to suit your business needs in the long run.

LINKS:

Resources mentioned: 

• Blog & Resources | Business Legal Advice — TM Solicitor

Check out my course Getting Paid Made Easy here

Get your copy of my Annual Legal Checklist here

Website: tmsolicitor.com.au

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