Need to hire/subcontract - help please

[Mordac]

Yes I quickly realised it was a crap idea.

[Nixon Williams]

Option 1 can give all types of problems and should be avoided at all costs, anyone doing this must be mad!

Option 2 - easy to understand but gives you potential employment law problems, best avoided.

Option 3 - easy and less risk, we have a few clients who do this quite successfully. Ensure that you see their VAT registration certificate etc.

Alan

[thunderlizard]

I favour option 2 but that's because I'm an empire building nutter. Option 3 is the cleanest.

Yes, giving the subcontractor/employee a completion-based bonus is the least risky way to do it, but the road to big bucks is to charge the customers fixed price, pay the suppliers time and materials, manage to bring your projects in double-quick and pocket the difference.