Remove about
article thumbnail

4 Essential Hires If You’re Starting a Business in 2020

Up and Running

It might seem easier to put off thinking about your first essential new hires. Try to do it all and you’ll spend a lot of time learning new skills (that you’ll eventually hire for) when you should be focusing on growing your business. Hire someone who understands Generation Z (or your target demographic).

Hiring 77
article thumbnail

Remote Hiring For Success

YoungUpstarts

Without the luxury of a Human Resources department, many small business owners find themselves navigating the laborious task of hiring the right team members themselves. Department of Labor, the price of a bad hire is estimated at 30 percent of the employee’s first-year earnings.”. Why is hiring the right person so hard?

Hiring 228
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Things Every Small Business Should Know About Payroll

YoungUpstarts

When a new employer starts hiring, he needs to fill out an IRS W-4 form. Not counting the salary and any other amounts you pay an employee, these are the different outgoings to factor in when you start hiring: Federal taxes (withholding tax: pay-as-you-go, paid directly to the IRS). New Hire Reporting.

article thumbnail

Tips For Hiring An Independent Contractor

YoungUpstarts

More than a quarter of workers participate in independent contracting in some form, and about 10 percent of workers rely on it for their primary income. It’s easy to find and hire an independent contractor. Any person or business you hire to do work on your behalf, but not as an employee, is an independent contractor.

Hiring 246
article thumbnail

What You Need To Know Before You Hire Your Next Remote Team Member

YoungUpstarts

Large businesses typically have strong HR departments to help them navigate the hiring process. For that reason, many small business owners find themselves wearing the HR hat and trying to navigate the difficult task of finding and hiring the right team members. Why is hiring the right candidates so difficult? But not so fast.

Hiring 227
article thumbnail

Factual Data On Popular New Venture Success Timelines

Startup Professionals Musings

I was reading an old article written by marketing guru Seth Godin a while back where he mentions that “it takes about six years of hard work to become an overnight success”. In April, 1996, Yahoo! Google - Larry Page and Sergey Brin started working on Google in 1996 – but three years later in 1999, few people had even heard of it yet.

article thumbnail

Startup Stock Options – Why A Good Deal Has Gone Bad

Steve Blank

Investors bet that by offering prospective hires a stake in the company’s future growth- with a visible time horizon of a payoff – employees would act more like owners and work harder– and that would align employee interests with the investor interests. Much has changed about the economics of startups in the two decades.