063: The Cost of Hiring Employees and Contractors with Amy Bradbury
For a lot of the agency owners that I work with, hiring can be this big scary obstacle. Between employment laws, taxes and feeling prepared financially, it can be a big hurdle for business owners.
In this episode, I brought back Amy Bradbury from episodes 10 and 52 of the podcast. Amy is the founder and CEO of Empowered Profit, a full-service accounting agency for online entrepreneurs.
We broke down the biggest obstacles that stand in entrepreneurs’ ways when it comes to hiring, including what you need to keep in mind with taxes, when to hire a contractor vs. an employee, and why hiring an employee might not be as expensive as you’d think. We also chat about some of the biggest hiring myths and how to get the best ROI when you hire.
What’s in this episode:
- Why you have to pay attention to the numbers when growing your team
- Her advice for getting the best ROI on your first hire
- Why you should become less reliant on each individual client
- Her advice around bringing on an employee vs. a contractor
- Overwhelm that people experience when hiring employees
- What you need to know about part-time vs. full-time employment
- The true costs of hiring an employee (hint: it’s less than you think!)
- How her team supports clients in hiring employees
Connect with Amy:
Website | Instagram | Facebook
About Amy:
Amy Bradbury is the Founder and CEO of Empowered Profit, the full service accounting agency for entrepreneurs and online businesses. Amy and her team challenge the notion that old, white, guys are the ones who should be in charge of the money and bring a fresh perspective to the financial conversation that transforms potential feelings of anxiety around money management to confidence and clarity. Through a combination of done for you services and consulting, Amy and her team consistently make online businesses more profitable while allowing kick-ass women entrepreneurs to make even more of an impact in their homes, communities, and in the world.
Links:
HR Portal*
Gusto*
006: Everything You Need to Know About Hiring Employees With Tameaka Shelton
Employ and Relate
AGENCY
*The above are affiliate links and I will earn a small commission if you sign up using these links. I only have affiliate links for services that I use and stand by!
