Starting My Flooring Business

 
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Old 02-21-2006, 06:01 PM   #1
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Starting My Flooring Business


Need your input please...

I am starting a flooring business in Dallas TX. I am working with a company that subcontracts me and I want to go for bigger project with this company, but I know I am going need more help in order to get the bigger jobs done.

I there a better way and I mean better and legal way to get extra help from some workers with out having them as en employee of my company. I do I have to hire them as an employees of my company. I was thinking in having the extra people help me as independent contract work.

If I have to hire them as an employees I will, but it just seems complicated with all the payroll and tax withhold and unemploymet tax....etc.

Thanks.

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Old 02-21-2006, 06:52 PM   #2
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Re: Starting My Flooring Business


My opinion, if your trying to get larger jobs, just hire people as employees, and choose the best you can find. Since it seems like your trying to grow, keep a small crew, work hard, and pay a respectable wage. They will stick around, and will hopefully become good at what they do. Now, I don't know if you install, finish, or both, so I will speak on my experience.

We keep it small, and work hard. We also stay busy this way. And if we need help I ask my friends who are also in the business, and pay them as an independant contractor. They are all insured, and if they need help I'll return the favor.
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Old 02-21-2006, 07:46 PM   #3
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Re: Starting My Flooring Business


You may want to look into employee leasing companies also. They take care of all of the taxes and payroll stuff for you, you just pay them a preset amount for every labor hour. A buddy of mine down in FL did that sucessfully. He just took the guys in that he already wanted to hire and got them setup with the leasing company.
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Old 02-23-2006, 03:32 PM   #4
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Re: Starting My Flooring Business


You don't always need to hire. It depends if your are demands you to do large quantities of work in a short period of time or not. I just got off of a 2000 sq. ft. job that I did all by myself. I do 1500 sq. ft. jobs regularly with no employees.

But there have been times when my phones were just ringing off the walls and I needed some extra people. I usually hired one full time person and then hire some part timers for grunt work. Grunt work like doing tearouts, making plugs and drilling for plugs and even cleaning my garage/shop.

Don't try to grow too fast. On the flip side, one good employee is worth 100 x's more than 4 bad ones. Additionally, one bad employee can make your life and reputation a living______(fill in the blank)
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Old 02-23-2006, 04:16 PM   #5
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Re: Starting My Flooring Business


Thank u guys for your input....

I if anyone else has more to add, please keep posting you comments

Thanks
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