Payroll taxes are one thing that you’ll need to pay as part of your contracting business. As of September 1st, the federal government gave businesses the option to decline withholding these taxes from employee paychecks, as long as they meet certain requirements. There are benefits to this program, but also possible drawbacks. Here’s what you … Read more
Do you blink your eyes and the day is done? Do you often go weeks or even months without taking a day or two to see what’s new? This is a common problem for anyone who runs a small business. It is so easy to get wrapped up in daily tasks that you forget about … Read more
Have you ever met someone who knew exactly what they wanted to do in life from the time they were a small child? Some people are like that. They are practically born knowing where to go. For the rest of us, it’s important to find a good fit. But having a career is so much … Read more
When you’re getting ready to take the contractor licensing exam, you’ve got a few ways to prepare. Of course, you can study from home. But having someone with the experience to help guide you through what to expect and fill out your knowledge can save you a lot of hassle and stress. This is what … Read more
As a general rule, you’d like to get back to your clients when they have questions. This is particularly important at the early stages, when they aren’t yet your clients. The thing is that communication is highly specialized, with preferences that tend to run along generational lines. If you talk to a baby boomer like … Read more
You’ve spent years learning skills and weeks or months practicing the details. Now, it’s time to practice for the exam. The best way to ensure that you know what to expect from the contractor licensing exam is to take practice tests. This may seem like an unnecessary extra step, but it’s actually one of the … Read more
Part of running a contracting business involves making sure that you and your employees can be safe on the job. This requires a number of safety measures. While most of them depend on the field and the specific task at hand, others apply to almost everyone. Here are five safety measures you can expect to … Read more
Although it may feel awful to hear things about you or your business that you don’t like, it’s very important for your long-term success. There will be points in time when clients or other contractors give you constructive feedback that is designed to help you in the future. Whether you can turn it into an … Read more
Once you have a thriving contracting business, you’ll probably have a set of equipment that you use all the time, with other pieces that you don’t need quite as much. Since your financial success depends on you being able to maximize efficiency, you want to minimize downtime for all your equipment. Consider adding these practices … Read more
If you’re like a lot of people, you’ve spent years thinking about what it would be like to be your own boss. While it isn’t all sunshine and roses, there are certain advantages to running your own contracting business. By keeping these benefits in mind, you’ll realize that there are a lot of incentives along … Read more