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Hub You - How To Toe The Line When Hiring Independent Contractors And Reap Big Dividends
Swapping business cards is one of the most basic and common forms of networking in the business world. With something that is so common practice, people often hand out cards blindly while not really thinking about what the card does AFTER you hand it out.How do your clients feel about your business card? Put yourself in their shoes.Is it valuable to them?Does it solve a problem?Take advantage of the extra real estate on the other sideMost business owners don't utilize the backside of their business cards. It's prime space to include important facts, offers, and information that help sell your company to the holder. Including valuable offers on your business card will make it worth holding on to.P.T.O - How to get someone to turn over your business cardOne small abbreviation added to the front of your cards can double your success rate. P.T.O. (Please Turn Over) lets the holder know there is something of value of the backside, and it would be in their best interest to check it out. Alternatively, you could include "See back for special offer" if you have the space for it.Now that you have their attention, reel them in with a:Survey, redeemable for a free giftPunch card for frequent clientsValuable coupon URL to a special webpage targeting business card recipientsResearch your sector to learn what business card marketing words will flip their switch and turn them on to your company. Give them what THEY want.Even if you only hand out 50 cards using this technique, you've just created 50 oppor
Dividend #7: If you become unhappy with the person's work, you can fire him/her without going through the trauma often associated with firing an employee. Plus you don't get stuck paying unemployment benefits.
All you're required to do is inform the IRS if you paid th
Several years ago at a national conference, the speaker, David Herdlinger, applied his experience using the frequently quoted words, knowledge, skills and attitudes and constructed KSA into a quadrant. The upper boxes contained the letters K for knowledge and A for attitudes. In the lower left hand box was the letter S for Skills. To complete the quadrant, he added the letter H for Habits in the lower right hand corner. Now the letters K.A.S.H. fitted neatly into a box and Whoa La the K.A.S.H. Box was born.The purpose of this K.A.S.H. Box was to show that more often than not performance failure whether organizationally or individually is not just an issue of knowledge and skills, but also poor attitudes and habits. Yet, individuals and organizations spend most of their resources developing knowledge and skills and fail to develop the necessary attitudes and habits for performance success.Being an individual who is always looking to help others make more connections, I expanded David’s K.A.S.H. Box into the K.A.S.H. Box for Sustainable Change. Since the purpose of cash boxes is to accumulate daily change or profits within a change drawer, I placed a large rectangular box under the quadrant. When cash is spent on the left side of the K.A.S.H. Box without investing cash on the right side, the money is not reinvested into the business or individual, but is drained away. Hence, a negative return on investment happens. When focusi
The phrase Toe the Line is an Americanism first recorded in the early nineteenth century. The main meaning of this phrase is 'to conform strictly to a rule, command, etc... For example, "Anyone who doesn't toe the line can expect to meet the mayor in court, where, as it turns out, he has never lost a suit." (U.S. News & World Report, 1996).
And...
An Independent Contractor is a person hired to work for others without having the legal status of an employee.
Hiring someone who qualifies as an Independent Contractor can provide an employer with some very BIG dividends...
Dividend #1: You don't have to pay the employers share of the workers Social Security and Medicare taxes.
Dividend #2: You don't have to withhold income taxes (federal or state) on his/her earnings.
Dividend #3: Not only do you reduce your bookkeeping and financial obligations, you're not bound by many of the federal and state laws that normally govern the employer - employee relationship.
Dividend #4: You don't have to provide office or other work space for the worker.
Dividend #5: You don't have to provide fringe benefits (vacation, personal or sick time).
Dividend #6: You don't have to provide health insurance or retirement benefits.
Dividend #7: If you become unhappy with the person's work, you can fire him/her without going through the trauma often associated with firing an employee. Plus you don't get stuck paying unemployment benefits.
All you're required to do is inform the IRS if you paid thi
As one of his conditions of membership, he is required to have passed an examination in accounting and related fields of study. The recognised company should also as have the power to exclude from membership those persons found guilty of negligence in the performance of their duties or of conduct that is discreditable to their profession.The accounting officer is required to: determine whether the financial statement are in accordance with the accounting records, determine the accounting policies applied in the preparation of the financial statement and report to members on the above matters.When the accounting officer is a member or employee of a corporation, he must state this fact in his report. In performing his duties the accounting officer has, in accordance with the Close Corporations Act, right of access to the accounting records and other information of the corporation and is entitled to obtain any necessary explanations from members. If, during the performance of his duties, an accounting officer becomes aware on any contravention of a provision of the Close Corporations Act, he must describe the nature of the contravention in his report, irrespective of whether the contravention is material.If the accounting officer becomes aware during the performance of his duties that any change in the particulars of the founding statement have not been registered, or that the financial statements indicate that as at the end of the financial year concerned the corporation's liabilities exceed its assets he must report forthwith, by registered post to the Reg
And...
An Independent Contractor is a person hired to work for others without having the legal status of an employee.
Hiring someone who qualifies as an Independent Contractor can provide an employer with some very BIG dividends...
Dividend #1: You don't have to pay the employers share of the workers Social Security and Medicare taxes.
Dividend #2: You don't have to withhold income taxes (federal or state) on his/her earnings.
Dividend #3: Not only do you reduce your bookkeeping and financial obligations, you're not bound by many of the federal and state laws that normally govern the employer - employee relationship.
Dividend #4: You don't have to provide office or other work space for the worker.
Dividend #5: You don't have to provide fringe benefits (vacation, personal or sick time).
Dividend #6: You don't have to provide health insurance or retirement benefits.
Dividend #7: If you become unhappy with the person's work, you can fire him/her without going through the trauma often associated with firing an employee. Plus you don't get stuck paying unemployment benefits.
All you're required to do is inform the IRS if you paid th
Truck driver training is the single most important factor one should consider when contemplating a future in truck driving careers. Many believe that after a three week course, they are ready to tackle the road as an operator of an 80,000 pound vehicle. Reality, soon sets in. . .sometimes at a serious cost. Much more skill is needed than simply jumping in the driver’s seat and going through the gears.According to reports from the Fatality Analysis Reporting System (FARS) and the Motor Carrier Management Information System (MCMIS), crashes involving large trucks are increasing. Sadly, fatalities by large truck crashes are also on the rise. As we move into the Summer months, and school lets out for our children across the country, professional drivers need to be aware and take extra precautions in their driving.Truck crashes make headlines. If one was to look at the whole picture, you would actually see that the safest driver on the road is the professional truck driver. For the most part, the professional truck driver averages 130,000 miles per year, compared to 15,000 miles per year for the car driver. There are many statistics available showing crash analysis, but it normally fails to explain who was actually at fault. The large majority of the time, the accident or crash is the fault of the car driver. The reason being, is that the auto drivers simply do not understand the mechanics of operating a large motor vehicle. In fact, according to the Federal Highway Administration and the National Highway and Traffic Safety Adminis
Dividend #1: You don't have to pay the employers share of the workers Social Security and Medicare taxes.
Dividend #2: You don't have to withhold income taxes (federal or state) on his/her earnings.
Dividend #3: Not only do you reduce your bookkeeping and financial obligations, you're not bound by many of the federal and state laws that normally govern the employer - employee relationship.
Dividend #4: You don't have to provide office or other work space for the worker.
Dividend #5: You don't have to provide fringe benefits (vacation, personal or sick time).
Dividend #6: You don't have to provide health insurance or retirement benefits.
Dividend #7: If you become unhappy with the person's work, you can fire him/her without going through the trauma often associated with firing an employee. Plus you don't get stuck paying unemployment benefits.
All you're required to do is inform the IRS if you paid th
Use This Quick 3-Question Evaluation Process, So You Can Be
Sure Your Message Will Sell!EVALUATION #1: "Well, I Would Hope So!" When you make a claim,
don't think about it in terms of words coming out of your mouth.
Think of it in terms of words entering your prospects ears.
Then you'll realize how ridiculous some claims actually sound.Whenever you make a claim, ask yourself if the prospect will
immediately echo this response: "Well, I would hope so!" For
instance, an insurance agency faxed me the following reason to
choose them over their competitors: "We will be there for you
when you have a claim." Well I would hope so! You're an
insurance agency! Isn't that what you do?Statements like this have as much meaning as the haircutter
telling you that your hair will be shorter after it's cut, or as
the gas station attendant telling you that you'll have more gas
after your tank is filled. Always, always, always ask this
important evaluation question whenever you make any claim.
Avoid pointless claims and it will improve your effectiveness by
500% immediately.EVALUATION #2: "Who Else Can Say That?" Pay close attention to
this one. The question is not who else can do what you do. The
question is who else can say what you say. And, the answer to
that is "just about anybody and everybody". We consulted with
an auto repair facility that was, by FAR, the most awesome
business of its kind in their area of influence. They put
competitors out of business every year and monopolized their
marketplace i
Dividend #4: You don't have to provide office or other work space for the worker.
Dividend #5: You don't have to provide fringe benefits (vacation, personal or sick time).
Dividend #6: You don't have to provide health insurance or retirement benefits.
Dividend #7: If you become unhappy with the person's work, you can fire him/her without going through the trauma often associated with firing an employee. Plus you don't get stuck paying unemployment benefits.
All you're required to do is inform the IRS if you paid th
The best work at home job opportunities are those that doesen't require you to invest money on them, are easy to do, you are in control of your time, its scalable and its profitable.But its not as simple to find a work at home job that you really like and its profitable. There are a lot of site where you can find jobs to work on, some of those are monster.com, careerbuilder.com, craigslist.com and many others.On those sites you will find many job opportunities on your geographic location and some opportunities to work from home. But sometimes will be difficult to find a really good work at home job opportunities.However you can work as a freelancer and find many other ways to get a job, one way to do it is to do a search on google of the specific job you want or skills you have. For example, if you are good at graphic design you can do a search on
google for graphic design jobs
graphic design freelance job
graphic design forumsYou can also go to a graphic design website and offer your services to the owner.
Lets say you search for "graphic design ecover service" you will get across a service that sells ecover designs. Send an email to the owner of the site and tell him that you have graphic design skills, send him some of your previous work or samples and im sure he will be interested or he can recommend you to someone else.This is a way to find work at home job opportunities, but the same applies to any other kind of job that you want depending on your skills. But if you feel you don't have any special skill, it doesen't matter there are
Dividend #7: If you become unhappy with the person's work, you can fire him/her without going through the trauma often associated with firing an employee. Plus you don't get stuck paying unemployment benefits.
All you're required to do is inform the IRS if you paid this worker more than $600 in one year.
You're responsible for filing a Form 1099-MISC at the end of the year if you paid the Independent Contractor $600 or more during the year. This form is sent to both the IRS and the contractor.
There are some basic qualification and guidelines you'll have to follow when classifying someone as an Independent Contractor. As long as you make sure you meet these specifications, you won't be challenged by the IRS.
A "No Sweat" Classification
It must be clear the contractor is in business for himself. The following characteristics guarantee you a "no sweat" Independent Contractor classification.
• The worker is available to perform services for many businesses.
• The worker has a fixed base of operation - a commercial or office location or a room at home and ongoing business expenses.
• He or she lists the business in the phone book or through newspaper ads, radio commercials, circulars, or other advertising media.
• He or she undertakes a job based on the results the client wants, but remains free to decide how to get the job done.
• The worker hires and pays for assistants, as needed.
• He/she has invested significant money in the business for equipme
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