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Finance Tip of the Day

Saving Money in the Workforce

  • 2016 25 Oct
Saving Money in the Workforce


5 Things Small Business Owners Can Do To Save Money

#1: Workforce

Do you really need permanent staff? Salaried employees incur more liabilities and taxes (and even more office drama) simply by working with you every day. Hiring outside workers allows you to customize skills and labor to each project without committing to long-term employees (and if one doesn’t work out, you deal with fewer hard feelings, too). Temporary workers come in many forms; try virtual assistants for administrative tasks, independent contractors or temp employees for specialized projects, interns for menial or hands-on work, and commission-based workers for sales jobs.

Today's tip brought to you by Mvelopes and Money4Life Coaching.