A Collection of Web Pages About Subcontracting
Subcontracting | Investopedia
Subcontracting is the practice of assigning part of the obligations and tasks under a contract to another party known as a subcontractor.
Using the construction industry as an example, when a government body or a company wants to build or make repairs to infrastructure, it would usually award the contract for the job to a contractor…More at http://investopedia.com
Types of Subcontracting
Subcontracting – type, benefits, cost, Subcontractors vs. employees, Working with subcontractors
Subcontracting refers to the process of entering a contractual agreement with an outside person or company to perform a certain amount of work.
The out-side person or company in this arrangement is known as a subcontractor, but may also be called a free-lance employee, independent contractor, or vendor. Many small businesses hire subcontractors to assist with a wide variety of functions.
For example, a small business might use an outside firm to prepare its payroll, an accountant to help with its record keeping and tax compliance, or a free-lance worker to handle a special project…More at http://referenceforbusiness.com
Where You Would Use Subcontracting In Your Business
Use Subcontractors to Build Your Business
Create a scalable business without additional overhead by hiring subcontractors to handle your extra work.
When New York City public relations consultant Nancy Tamosaitis wanted to pitch Yosha! Enterprises’ Momints to the beauty and lifestyle press, she knew she needed to bring in reinforcements.
Through a colleague’s referral, Tamosaitis found Carolyn Marquez, a PR professional with a database full of contacts in the fashion and lifestyle media…More at http://entrepreneur.com
Working with Subcontractors – Everything Entrepreneurs Need to Know – Solo PR Pro
When a new business owner first begins to experience a snowball of success, it’s exciting – until the realization sets in that you have more work to do than you can handle by yourself! Before you rush to hire an employee, first consider the interim step most solo PR pros choose…More at http://soloprpro.com
7 Reasons Why Subcontracting May Be Right For You
Businesses often require subcontractors for assistance on large, specialized or diversified projects when they do not have the resources on hand or need additional expertise.
In these instances, hiring an expert to work on one or more short-term projects can be beneficial in terms of cost, quality and efficiency.
Here are 7 ways that hiring a subcontractor can solve an immediate problem for your company…More at http://hcr-llc.com
8 Reasons Why Subcontracting May Be Right for Your Business | Joseph Carnevale
Helping Business Owners Protect Their Assets From Risk So They Can Enjoy What Matters Most
Subcontracting is the practice of hiring outside of your company to perform tasks under contractual agreements.
Why would you require the help of subcontractors? No matter how strong your team is, there are times when they may not have the necessary skill set to get a job done.
And if you have a job that’s far too complex, you may need to hire extra hands. Your business may also require the help of a subcontractor for projects that need the technical expertise that no one in your in-house team possesses…More at http://josephcarnevale.com
How To Hire A Subcontractor
How to Hire a Subcontractor
We’ll explain how to hire a a reliable and reputable subcontractor.
To protect both your business and the subcontractor’s business, your working relationship should begin with a Subcontractor Agreement.
Within the agreement, it’s important to specify that the subcontractors aren’t your employees, and that they’re responsible for paying for their own benefits and taxes…More at http://rocketlawyer.com
Do Your Homework When Hiring a 1099 Subcontractor
From work history to IRS forms, hiring a 1099 subcontractor can be a challenge. Make sure you think about some key points before hiring a subcontractor.
As a small business owner, you might have considered hiring a 1099 subcontractor. In some ways, a subcontractor can give you more flexibility than an employee.
Subcontractors are responsible for their own permits and payroll taxes.
But, you must be careful when making a 1099 contractor agreement.
You do not want to misclassify an employee as a subcontractor. The IRS monitors worker classification. Misclassifying workers can be costly, and you could face IRS penalties and fees…More at http://patriotsoftware.com
Pros And Cons of Subcontracting
Advantages & Disadvantages of Subcontracting | Your Business
When your business needs more help, you can hire more employees, or you can use a subcontractor to do the work for you.
Some businesses, such as construction, routinely use subcontractors for specialized jobs, while other types of businesses, such as bakeries, rarely use subcontractors. Knowing the advantages and …
When your business needs more help, you can hire more employees, or you can use a subcontractor to do the work for you…More at http://yourbusiness.azcentral.com
Understanding the Pros and Cons of Subcontracting
Learn a bit about the pros and cons of subcontracting in the construction industry, and whether it’s really worth it for your company.
The construction and contracting industry is one of serious ups and downs. Business surges, then falls off sharply. Many businesses can’t afford to maintain a large enough staff for those busy times through the lean months.
Rather than deal with constant hiring and layoffs, many contracting companies choose to maintain a solid basic staff while employing the services of subcontractors when they need to boost their efforts…More at http://contractorsinsurance.org
Subcontractors – The Pros and Cons | Ideal Consulting Services
In a recent article we examined the idea of increasing profits through subcontractors. In this article we will look at the pros and cons and some of the cautions of dealing with subcontractors.
One of the obvious advantages includes cost containment. If you know what it will cost when you establish your proposal you will have a better chance of controlling your profits on the job.
There will be times when you will want to do it yourself because you want to reap higher profits…More at http://idealconsulting.net