176: Should You Hire an Employee or an Independent Contractor with Kim Ottone-Tank

When you are ready to hire, you'll have to decide whether to hire an employee or bring on an independent contractor. Kim Ottone-Tank, owner of Apronstrings Pet Sitting, has been following this discussion for many years. Kim shares what the major differences are and why it's important to know what the best fit is for your business. She also helps us understand what some of the pros and cons are for each, and how we have to set up our pricing to make sure we're still making a profit after we hire.

Topics on this episode:

• What's the difference between an employee or contractor?
• Are there any advantages?
• What are my obligations to an employee?
• Where do I go for more information in my state?

Main take away: An employee is someone you hire to work on your team that you can train and supervise. A contractor is someone who is running their own business that you're borrowing to work in yours.

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Full show notes and transcript

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