Think you have your dream team just because you’ve identified all the employees for your startup? Think again. Having the right contracted workers on your side is crucial. Otherwise, you might open yourself up to lawsuits, poor quality products, and trouble with the IRS. Starting a business is no easy task, and it’s not finished when you’ve made all the final employee offers.
For example, business litigation isn’t something you should attempt on your own and it’s not something to put off until an emergency pops up. If you really want to give your startup a fighting chance, make sure you have all your contracted ducks in a row.
Here are just a few of the professionals to consider adding to your team:
1. Business attorney
You don’t necessarily have to have an attorney on retainer, but you should research a lawyer who specializes in business law and have a meet and greet. You won’t be at retainer status until your company gets bigger, but an attorney is more likely to prioritize a client they’ve already met. Plus, this process helps you figure out who the best attorney is for your business and needs.
CPA’s aren’t just for tax season. They can help you with write-offs, quarterly payments, gauging where you are and keeping your business legal in the IRS’ eyes year-round. Plus, CPA’s themselves are a tax write-off. For most small businesses, their fees will be nominal and are applied only when they do work and/or research for you.
3. Certified Bookkeeper
Unless you’ve hired a full-time bookkeeper or accountant, you’re going to need someone to keep your books for you. Having a tax attorney do this for you is going to be too expensive. Instead, outsource this need to a contracted bookkeeper who keeps a roster of clients. Check their reviews, testimonials and background before hiring.
4. HR Manager
Most startups aren’t big enough to have an HR manager or department quite yet. This is another service that can be contracted out. These professionals know all the laws, from federal to local, and can even take care of hiring, employee complaints and lay-offs for you. It’s a messy legal minefield, and one you don’t want to get caught up in.
From web developers to professional bloggers, many of your startup’s needs don’t require a full-time employee. However, don’t wing it. Freelancers and contractors help fill the gap.
Originally posted on October 20, 2014 @ 9:05 pm