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Dealing With Contractors Teaches Valuable Lessons About Business
The experience of dealing with contractors and other entrepreneurs is an interesting one as it highlights some key business issues. Planning, scheduling, customer satisfaction and accurate budgeting are just some of the things that play an important role in ensuring a successful business.

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What\'s a Surety Bond?
A surety bond is a three-party instrument between a surety, the contractor and the project owner. The agreement binds the contractor to comply with the terms and conditions of a contract. If the contractor is unable to successfully perform the contract, the surety assumes the contractor's responsibilities and ensures that the project is completed. Below are the four types of contract bonds that may be covered by an SBA guarantee:

Genral Information
The U.S. Small Business Administration (SBA) can guarantee bonds for contracts up to $2 million, covering bid, performance and payment bonds for small and emerging contractors who cannot obtain surety bonds through regular commercial channels. SBA's guarantee gives sureties an incentive to provide bonding for eligible contractors, and thereby strengthens a contractor's ability to obtain bonding and greater access to contracting opportunities. A surety guarantee, an agreement between a surety and the SBA, provides that SBA will assume a predetermined percentage of loss in the event the contractor should breach the terms of the contract.

Is it the death of the marketing plan?
I don’t know about you, but I rarely come across small businesses that have a concrete marketing plan in place. For that matter, I don’t know many medium sized ones that follow theirs to the letter either.

Who is Considered an Independent Contractor
An independent contractor is not legally considered an employee of a small business however; because of this classification, the rights and responsibilities that the small business owner has toward the independent contractor are different for those responsibilities he or she has for individuals classified as full or part time employees of the business.

The pros and cons of working as an independent contractor
Whether you are currently employed or you are unemployed and considering working as an independent contractor, you should carefully weigh the pros and the cons. Making the decision to work as an independent contractor means you are wise enough to measure the pros and cons.

Contractor vs. Consultant
Consultant, Contractor… is there a difference? Sometimes there isn’t, sometimes the same person can be both, even on the same engagement. However, I define the difference this way:

How To Widen The Gap Between Your Compensation Versus Your Value
Are entrepreneurs the only ones that own their own business? Everyone is really in business for him / herself, like an independent contractor. How you perceive the connection between the employee mind-set and that of an independent contractor is imperative. The independent contractor like the successful entreprneur, has a responsibility to maximize and deliver value. What can you do to deliver your assigned responsibilities with a new approach and be proactive with your talents in a way that creates maximum value? This article offer 2 key areas of focus for employees to increase your value, widening the gap between your worth and your compensation. Those are the folks who never get laid off, no matter what the economy is doing.

Do You Think Buying Contractor Leads is the Best Way to Get Clients?
Contractor speaks out about buying contractor leads. Learn the basic facts about how contractor leads are generated and what you really get when you buy.

What To Look For In A Virtual Assistant
A virtual assistant is an independent contractor who provide office services for small businesses, consultant groups, brokers and financial sales agencies.

Employee vs Independent Contractor
If you own a small business or are thinking about starting one, you will need to have a good understanding of the difference between a regular W-2 employee and a 1099 independent contract. It is usually more beneficial for an employer to have a contractor rather than an employee because the employer does not have to spend the time and effort to do payroll for that worker. Unfortunately, you don't get to just choose which status you put a worker into. The IRS forces you to choose one status or the other based on your relationship with a worker. The more supervision you have over a worker, the more likely it is that the worker should be a W-2 employee. The more independence they have, the more likely it is that they should be a 1099 contractor.

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