In this last workshop in the series you'll hear from a CPA, a small business attoriney, an insurance agent who specializes in helping small businesses and an HR attorney.They will each give you the benefit of their experience in dealing with small business owners, give you some suggestions as to when you might need professional service such as theirs, and mention some common mistakes that they have run into
You'll learn the difference between an independent contractor versus an employee and decide which is best for your business needs. Misclassifying an employee as an independent contractor can have serious tax ramifications. Be sure you’re familiar with the differences and can ensure that you understand what type of worker you're hiring.
Your first year plan should be based on the goals and actions specified in your business plan and should include steps to take quarterly, monthly or even weekly to keep the business on track. Set up a regular check-in schedule with an accountability partner to keep you on course during the first year in business.
In addition to using SCORE as an ongoing resource, ensure that you have a robust list of local resources to use during the first year, such as local organizations, industry groups, businesses, and contractors.