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Archive for May 2022
Independent Contractor Classification: How to Stay Compliant
Updating policies and practices to compliantly engage independent contractors is a major shift many large organizations are going through. Worker misclassification is a serious issue—if a company classifies a worker as an independent contractor when they should really be classified as an employee in the eyes of the law, they are liable for fines, penalties,…
Read MoreBuilding Your A-List: 3 Things to Consider When Re-Engaging Independent Contractors
To re-engage independent contractors that have provided exceptional value to your organization, you should take certain steps to ensure these preferred independents are prepared to work with you again. There are some best practices you can follow to ensure your talent feels appreciated, and your company benefits from the agility they bring. In fact, one…
Read More4 Ways to Handle Common Client Challenges
As you work with clients, there is the possibility that challenges will arise, and it is important to be prepared to handle them. Some of these problems may be a roadblock, situation, or circumstance that make it difficult to successfully perform your work. It’s not uncommon to struggle with knowing when to speak up or…
Read More6 Must-Have Online Collaboration Tools for Consultants
Technological innovation has helped to lead this charge: the evolution of “Anytime, Anywhere” technology has opened the door for many independent professionals to be top tier collaborators and coordinators without the need for a single in-person interaction. While nothing compares to the value of “pressing the flesh,” the best consultants create the next best experience…
Read More3 Ways to Retain Top Independent Talent
Finding skilled independent talent that meets the needs of your organization isn’t easy to do, and retaining this talent is even more difficult. Independent professionals bring flexibility, lower employment costs, and a cadre of talent, helping companies remain agile and competitive among peers. If your organization is engaging independent talent, you’re likely already aware of…
Read MoreTop 6 Virtual Meeting Tools for Small Business Owners
Technology plays a key role in keeping your company operating smoothly—especially if you work with clients remotely. When you work virtually, one of the biggest challenges is collaborating with clients. But just because you can’t be in the same physical space as your client doesn’t mean you can’t have a great meeting. Below, we explore…
Read More4 Tips for Hiring Your First Employee
Self employed professionals are often drawn to their career path because of the ability to work when and where they like, enjoy complete control over their work, and help their business reach its full potential. However, many independents who realize success will find that at a certain point taking their business to the next level will require more…
Read MoreIs SEP IRA a Good Retirement Option for Self Employed Professionals
As a self-employed professional, you enjoy the flexibility, control, and creativity an independent career offers. However, the challenge and uncertainty of planning for retirement is a common concern. At a traditional job, you have the benefit of built-in retirement options, but this field can be more difficult to navigate on your own. Fortunately, there are…
Read More5 Questions to Ask When Creating a Personal Brand
Brand is an important part of the identity of any self-employed professional. Your brand is a representation of your business—it is how the public, and future clients, know and recognize you. A strong brand establishes who you are, explains what you do, and embodies what sets you apart from your competition. Whether you’re just getting started or…
Read More4 Self Employed Tax Advantages
Being self-employed may not always be simple, but it definitely has its rewards. Doing what you love and having the flexibility that comes with being your own boss can certainly make the challenges worthwhile. In some cases, being self-employed can also have some less obvious tax advantages. Making sure you plan according to the tax…
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