This got me thinking as I noticed a lot of small businesses that were seeking to hire people to help them on projects offered to pay them a percentage of the profits they received versus a more traditional route such as hiring the contractor for a specific fee to complete a task. In many ways it can make more sense financially to do that because there is less risk for the business. For example, if the client doesn\u2019t pay then I would imagine they wouldn\u2019t just dive into the red as normally the contractors would till have to be paid their rate.<\/p>\n
It makes you wonder as the contractor though whether or not you should ever accept that kind of arrangement. I suppose it really depends on how fresh you are in the industry and how casual you are. For example, if it was people I knew that were just doing a project on the side and thought gathering a bunch of people to do the job could be an easy side gig then I think profit sharing there would make sense.<\/p>\n
On the other hand, if it is a person just simply trying to cut down on their expenses to pay you less than you are worth as they wouldn\u2019t be able to afford you otherwise then that is a different story. Especially if they are trying to take more of the profits in an uneven way.<\/p>\n","protected":false},"excerpt":{"rendered":"
This got me thinking as I noticed a lot of small businesses that were seeking to hire people to help them on projects offered to pay them a percentage of the profits they received versus a more traditional route such as hiring the contractor for a specific fee to complete a task. In many ways […]<\/p>\n","protected":false},"author":1,"featured_media":14030,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[4],"tags":[1026,8392],"class_list":["post-15400","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-profit-sharing","tag-straight-fees"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.al6400.com\/blog\/wp-content\/uploads\/2022\/02\/business_9.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6VnHC-40o","_links":{"self":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/posts\/15400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/comments?post=15400"}],"version-history":[{"count":1,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/posts\/15400\/revisions"}],"predecessor-version":[{"id":15401,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/posts\/15400\/revisions\/15401"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/media\/14030"}],"wp:attachment":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/media?parent=15400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/categories?post=15400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/tags?post=15400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}