close
    How do I pay my employees when starting a business?

    0  Views: 1728 Answers: 2 Posted: 13 years ago
    Tags: taxes

    2 Answers

    If you ask this question it looks like your not ready to start a buisness.
    More than half of all small buisness fail in the first year.
    You have to have start up money. This money helps you pay for all things including wages of your employees.

    There is a lot more to starting a buisness than having the idea.
    You can do like we did and make them independent contractors of the business and really budget their hours. Then they are responsible for their own taxes at year end. This saves you a bundle in Federal, State, Medicare, etc taxes.


    Top contributors in Small Business category

     
    ROMOS
    Answers: 60 / Questions: 0
    Karma: 3015
     
    country bumpkin
    Answers: 40 / Questions: 0
    Karma: 2595
     
    Colleen
    Answers: 133 / Questions: 0
    Karma: 2505
     
    Benthere
    Answers: 4 / Questions: 0
    Karma: 1770
    > Top contributors chart
    453637
    questions
    720221
    answers
    759811
    users