‘9 Ways To Make Money In The On-Demand Economy’ – ‘ReadWrite’
Scott Gerber says, “Recently, Uber and other companies that provide on-demand services have been under the regulatory microscope. Despite these setbacks, it’s still a great industry to get into, full of potential advantages for a would-be entrepreneur.
That said, there are a few best practices that you should follow so that the problems Uber and Handy are facing don’t become your problems, too. To set you down the right path, I asked nine founders from YEC what entrepreneurs should consider before starting up in this space.
Set Up Workers As Employees, Not Independent Contractors
It might seem easier to hire independent contractors, but if you get nailed by the government for hiring those same people because they are technically employees, it will not be pretty. If you think you might have employees, they’re employees. If you think you are cutting it close, they’re employees. If you’re operating in the gray area, they’re employees“.
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