Employees/Sub contractors — OZONE Asylum, home of the Mad Scientists

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Your Text: Insert Slimies » Insert UBB Code » Close Last Tag \| All Tags UBB Help	redr. Very encouraging you're dealing with the business side of the business. As you're well aware that is of course the main cause of business failures... so we'll leave that. eyepaint has provided a basic formula for a good starting point I think. Dig out all the paperwork you can on a recent project... everything with dollar signs and 'time' sheets and start crunching some of those figures...with the most basic of $ values. I'd take it to my accountant actually and do a bunch of the what 'if's.' Don't forget you have options such as probationary periods. X$ increase to XX$ after a given period of time. Bonuses if a project is completed on time on budget under budget ahead of schedule. Possible shares in the company if things work out 'very' well. Well down the road of course. There's one other thing to keep in mind. I mentioned it in another thread quite some time ago but worth repeating here I think. Came from a fella best described as a successfull businessman. The only reason to start a business is to sell that business. Loading...
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