The Bottom Line by Evolved Finance

TBL Episode 41: Why our clients are spending less on contractors and more on employees


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There was a time about 4-5 years ago when 95% of our clients hired contractors exclusively for their businesses. A lot has changed since then. Much to our satisfaction, we’re seeing online business owners hire full time and part time employees more than ever before. ..and for good reason!

 

That’s why in this episode, we cover:

 

  • Why contractors are still important but only for certain positions
  • How employees are helping our clients manage their labor costs
  • Why hiring employees can be scary but worth getting over the discomfort
  • How balancing employee and contract labor is a step towards building a more stable business
  • Why financial tracking is so important as you start to hire any new contractors or employees

...more
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The Bottom Line by Evolved FinanceBy Evolved Finance

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