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Archive for August 2022
3 Ways to Stay Compliant When Hiring Independent Contractors
More than 41 million Americans are currently working independently on a full- or part-time basis and we predict that by 2027, more than half of the workforce will be, or will have worked independently. This means that if you aren’t doing so already, you’ll likely be engaging some of this independent talent soon. But read…
Read More8 Ways to Effectively Engage Independent Contractors
Engaging independent contractors shouldn’t be complicated. Yes, navigating the risk of worker misclassification can be daunting, but there are ways to simplify the process. Many businesses today engage independent talent as part of their total workforce. As the use of independent talent has become more mainstream, so has the engagement process. Follow these eight tips…
Read MoreOvercoming Top Consulting Challenges
Working as an independent consultant and being your own boss offer a number of benefits including setting your own hours, determining your specialties, and choosing your clients. However, independent consulting is not without its challenges. In MBO’s State of Independence report, we surveyed independent consultants to learn about their experiences, goals, and difficulties. Here, we…
Read MoreWhich to Hire: Full-Time Employee vs Contractor vs Temp
Learn the advantages of engaging independent contractors vs temporary workers or full-time employees.
Read MoreBeing Present at Work as an Independent Consultant
Mindful awareness is a valuable tool to build your mental capacity and can help cultivate the skill of being present. The practice of mindful awareness can unclutter the mind, help you build deeper connections with people, and help manage the stress and anxiety that comes with the modern work world.
Read MoreHow Much Does It Cost to Run a Small Business?
The many administrative and support tasks that must be done to effectively run a business is a big part of every small business owner’s job. Without an organized and well-managed back office, your business can suffer. While larger companies have teams of employees and individual departments to handle these types of tasks, when you run your…
Read MoreHow Much Should I Charge as a Consultant? (Guide)
Use these techniques to understand how much you should charge as a consultant. Make sure you are not under or overcharging for your expertise and experience.
Read More5 Creative Client Engagement Strategies
Finding and keeping clients is a primary part of your job as a small business owner. Networking, communication, and growing an online presence are good baseline strategies, but your business should stand out in a more memorable way. We’ve put together a list of five creative ways you can find, engage with, and keep the…
Read More3 Tax Implications of Becoming an Independent Contractor
If you’re ready to take the leap and start your career as an independent professional, there are a few key steps to take to build a successful business. Understanding the tax implications of becoming an independent contractor is an important part of your financial preparation. While your employer was required to withhold federal income, Social…
Read More5 Tips for Closing the Deal and Getting the Job
Attracting prospective clients is an essential part of your job when you run your own business. By marketing your services and growing your network are just the first steps. On the path from initial discussions to signing a contract, how you handle the process of closing a sale is critical to gaining new clients. Below,…
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