You may not be able to afford full-time employees for your business early on, but you can still hire quality people without having to provide full-time salaries and benefits. Describe some methods for doing so.

What will be an ideal response?


1) Bring people who have the skills the business needs in as partners. Partners share the risks and rewards of the venture, and will co-own the business. They are entitled to a share of the profits.
2) Hire experts to work on specific tasks on a contract or hourly basis. For example, a business might hire a professional accountant to work one day per month on its record keeping.
3) Hire part-time employees who are paid an hourly wage or a set fee for a certain amount of time per week or per month.
4) Use interns who work for free in exchange for experience that helps them build their resumes and become more employable.

Business

You might also like to view...

Decide whether the following statements concerning glycolysis are true or false.Glycolysis produces 1 pyruvate and 3 NADH coenzymes.

Answer the following statement true (T) or false (F)

Business

S. Design Corporation reports the following cost information for March:

Cost of Goods Manufactured $75,000 Finished Goods Inventory, March 1 4,000 Finished Goods Inventory, March 31 2,650 Work-in-Process Inventory, March 1 9,670 Work-in-Process Inventory, March 31 1,000 Direct Labor 36,000 Direct Materials Used 16,900 What is the amount of manufacturing overhead incurred by the company in March? A) $30,330 B) $138,570 C) $13,430 D) $12,430

Business

  Figure 6-3According to Figure 6-3 above, points B and C would most likely represent ________ and ________ options respectively for entering the global marketplace.

A. joint venture; direct investment B. exporting; licensing C. exporting; direct investment D. licensing; joint venture E. exporting; joint venture

Business

Dixon said to Lynn, "I'll sell you my Korden camera for $75." Lynn said, "No, I already have one." Costello then said, "I'll buy it at that price." Could Costello legally accept Dixon's offer? Why or why not?

Business