Profit and Loss. Works for More Than One Person or Firm. Employees usually work for one firm at a time. Independent contractors may work for multiple persons or firms at the same time. Offer Services to the General Public.
Employees usually work for one employer.
Independent contractors make their services avail- able to whomever they want. Right to Fire. Employees can be fired by their employers. Inde- pendent contractors cannot be fired as long as they produce a result that meets the specifications of their contract. Right to Quit.