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Help for Entrepreneurs
There is now help for entrepreneurs who aren't ready to hire full-time employees. If you are in the process of raising capital through your private placment offering, you will include a line items in your use of proceeds page entitled; Employee Costs. Here is an idea to keep your labor costs down to a minimal while extracting as much of your capital from your offering as possible take.
It seems that 1.7 million part-timers hold two or more part-time jobs, and do this by choice. Such workers will be harder to convert to full-time employees because they like the diversity of different jobs.
This all translates into benefits for the entrepreneur who needs help but can't hire full-time employees. The employment experts don't expect this part-time preference to pass anytime soon. It seems that the appeal of a reduced schedule is strong both for seniors and baby boomers nearing retirement. Parents who have interrupted careers to care for their children but still want to work may also explain the boom.
Entrepreneurs should eagerly look to this pool of workers and eagerly employ part-time help. A big reason is that employer-paid health insurance and other benefits add costs equal to more than 50 percent of the average employee's gross earnings. A part-time employer can get by with a low-cost factor, and still find somebody reliable and efficient.
Looking at the boom of part-timers seems like a win-win situation for entrepreneurs and workers alike. Research this with your accountant and you may find that you come out a winner and less stressed.
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