Collecting Payments How to encourage payments from buyers or retailers.
Types of Contracts Learn the difference between implied and express contracts.
A primer on the rules and regulations that govern employers. Although paid for their services by the hiring firm or individual, independent contractors remain their own bosses and may even employ others to actually do the work. If you occasionally give products to a friend to sell on consignment, the friend is probably an independent contractor. If you hire a bookkeeper or accountant once or twice a year to go over your business records, that person, too, is an independent contractor. The fact that the person is independent and not your employee means that you do not have to pay social security, withhold income taxes, obtain a workers' compensation policy, pay overtime or comply with the myriad of rules imposed on employers.