Archive for July 2022
When is an Independent Contractor Really an Employee?
What is an Independent Contractor vs. Employee? These definitions will help you understand how each type of worker is defined: Employee A full-time employee works for a single employer and that employer has a say over the work they do and how that work gets done. An employer can control the hours, location, and type…
Read More5 Ways a Big 4 Consulting Firm Saved $10M YOY with Direct Sourcing (Case Study)
CASE STUDY Vertical: Professional Services | Type: Direct Sourcing The modern workforce of many enterprises is composed of a mix of full-time, temporary, and contingent labor. In particular, independent contractors offer organizations highly-skilled expertise and the flexibility to grow and shrink their workforce as project needs arise. Most companies that engage independent contractors understand the…
Read MoreHow to Build a Million Dollar Small Business: 4 Steps
Whether your goals for pursuing self-employment are financial, lifestyle, or interest based, choosing to go independent means just that—you have the choice to build a business that allows you to live your life the way you want to live it. Today, more people than ever are pursuing an independent career and year after year, more…
Read MoreHow to Write a Business Plan for Small Business: 8 Steps
There is a lot of planning and preparation required to start your own business. One of the most important steps of this process is creating a business plan. Below, we review eight steps to help you create a simple business plan as you begin your small business. 1. Outline Your Offerings Focus your initial business…
Read MoreHow to Use Twitter to Market Your Small Business: 5 Tips
One of the best ways to reach your target audience and connect with future clients is through social media. However, in order to be effective on these platforms, you’ll need to tailor your writing to the specific social platform you are using. With a global user base of more than 450 million people, Twitter is one…
Read MoreNew Tech Startup Creating Van Communes for Remote Workers – Unofficial Networks
What does being a digital nomad in a van look like? Find out in Unofficial Networks article featuring MBO.
Read MoreTech Layoffs Shed Light on Need for Workforce Optimization
Recent increase in tech layoffs and hiring freezes paint an interesting—yet somewhat inaccurate—picture of the current workforce environment. High-profile companies including Netflix, MasterClass, Tesla, Twitter and more have slowed down hiring and laid off thousands of employees due to fears of a recession, rising inflation, tightening of budgets, and big swings in the crypto currency market, among…
Read MoreCreate an Agile Workforce Using Independent Professional Talent
Workforce optimization: it’s something every enterprise strives for. When your workforce is agile, flexible, and fluid, it is best able to meet the demands of your business. Companies that use independent contractors as part of their workforce strategy realize significant cost savings per engagement, as well as access to top talent and accelerated business outcomes. …
Read More4 Ways to Minimize Worker Misclassification
Worker misclassification will always be an inherent risk when engaging independent contractors. Businesses today must decide how to handle differing worker classification laws from federal, state, and local government agencies. Because laws and regulations that dictate worker classification and use of independent contractors are ambiguous and frequently change, legal compliance is challenging. That said, companies…
Read MoreThrive Global: Miles Everson On How We Need To Adjust To The Future Of Work
Find out what MBO’s CEO, Miles Everson has to say on the future of work in Thrive Global’s latest article.
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