Stefano
Wed Sep 11 2024
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5 answers
900
What is considered a fixed cost to a contractor?
Can you explain to me what a fixed cost is in the context of a contractor's business? How does it differ from variable costs? Are there any specific types of expenses that are typically classified as fixed costs for contractors, and how do they impact the overall financial planning and decision-making process? Additionally, are there any strategies or best practices that contractors can employ to effectively manage and reduce their fixed costs?
Bianca
Sat Aug 31 2024
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5 answers
1343
What is the difference between a contractor and a contingent worker?
I'm curious to understand the key distinctions between a contractor and a contingent worker. Could you elaborate on the nature of their working relationships, the level of control the employer has over their work, the types of tasks they typically perform, and any legal or tax implications that differentiate the two? Additionally, how does this distinction impact their benefits, such as health insurance and retirement plans?
