I Love Bookkeeping

When should you hire an employee and when should you go for a contractor? Co-hosts Melissa Honan and Hannah Robinson discuss what to consider and what business owners can do to build great relationships with their contractors. Melissa discusses the differences between a contractor and an employee. According to Melissa, oftentimes, the first hire is trying to find a contractor for your bookkeeping business. That’s followed by you hiring a virtual assistant. Melissa talks about the subcontractor-based model and the employee-based model, which of the two is not sustainable in the long run, and goes over the approach she uses in her own bookkeeping business. Hannah shares when she believes most bookkeeping businesses are going to need a contractor. For Melissa, welcoming contractors into your company culture and treating them as if they were actual employees is an excellent way to get them to stick around and work with you longer – even if they aren’t helping you in quite the full-time capacity. Melissa breaks d