Category Archives: Independent Contractors

Ask SCORE: How can I win in the gig economy?

The “gig economy” — the market for individuals providing services or working on projects on a freelance on-demand or short-term contract basis — has been a growing trend. While there are no official gig economy statistics available to measure its prominence, we can make some assumptions about its increasing popularity based on other available data.

According to information reported by the United States Census Bureau, the number of non-employer businesses, the group of individuals most likely to work on gig basis,  was 24,331,403 in 2015. That’s 10% more than the 22,110,628 non-employer businesses in 2010.

And opportunity abounds for independent professionals who take on gig assignments. Many businesses outsource work to independent contractors and freelancers when their staffs are overwhelmed and to avoid the costs of benefits and ongoing payroll that come with hiring new employees.   Continue reading

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Will your small business have employees?

Washington State’s Department of Labor & Industries answers the top 20 small business questions. For example:

  1. I’m hiring employees for the first time. What do I need to do?
  2. Can I just hire independent contractors? They’re easier than employees.
  3. Which government permits, licenses and tax registrations do I need?
  4. I own a business. Am I required to have workers’ comp coverage on myself?
  5. What can I deduct from my employee’s paycheck?
  6. What do I do if I can’t pay my workers’ compensation bill?

You will find the answers here.