3 Simple Ways to Protect Your Business When Hiring Contractors

Let’s talk about best practices for protecting your business and getting the most out of your contractors. While these tips are specific to hiring contractors, honestly they’re good practice when hiring employees as well.

Set clear expectations around the role. This is the most important thing for any working relationship. Make sure everyone is crystal clear about what the expectations are, what the milestones are, any deliverables, etc. The more clear you can be about what you are doing, what the goals are, how you are measuring success, etc., the higher your ROI will be. Both the contractor and the employer will also be happier in the relationship and BONUS, it will be less stressful if everyone is on the same page.

Have a legal contractor agreement. This is something you should not be putting together unless you are an attorney. If you are not an attorney, get an attorney to put it together for you. Contractor agreements should include all the things that go into a business working relationship: an NDA, a confidentiality agreement, pay agreement, pay frequency, non-disparagement clause, etc. Having a legal contractor agreement is about protecting your business in case things go wrong. But not because you expect things to go wrong! You don’t put together this agreement because you expect things to fall apart, it’s just to protect your business if they do. Word to the wise, if you have an inkling things might fall apart, don’t enter into that relationship to begin with… 

The reality is that anyone can make a bad hire. I made one recently and having this agreement is quite literally saving our bacon right now. I learned some really interesting lessons about red flags disguised as “on-boarding” yellow flags…clarity and communication, I tell you what, those two are king! So, does it suck when you have to let someone go?  Do you wonder what the heck you were thinking? Yes and yes, but I love that I’ve learned these lessons because now I have even more tools in my toolbelt to make the work that I do with my business even more impactful because I can make sure that my clients don’t go through what I went through.

Sign up for G Suite and give your contractor a company email. This is a big one. People who have not heeded my advice come back to me and say, “Dang, that was really good advice and I should have done it.” You might be asking yourself why this is a BIG ONE and here’s the bottom line SECURITY AND CONTROL. 

You should give each contractor a company email address and here’s why. 

  1. Any assets they create on your behalf in Google don’t need to be transferred to you. If they make things in their own account, they have to transfer ownership to you, and good ole’ Google doesn’t allow you to transfer cross domain.  Strike 1. The good news is with a company account you own it all (and can control access and security without batting an eye). This makes this nice and easy when your contractor term is up or if your contractor decides to leave for any reason.
  2. It gives you supreme control over access. You want to make sure you know exactly what you’ve given them access to and at a click of a button you can revoke access to everything if you need to. Are you sensing a trend?
  3. It makes things more professional (and easier because they can use their Google account to login across the web)

These may seem like no brainers, but I have seen it too many times not to mention them. These are my top three top tips for how to protect your business when hiring contractors. Following these tips will set you and them up for success, all the while making it super easy to manage when the contract ends.

Disclaimer: Our posts may contain partner [affiliate] links which means we may receive commissions when you click our links and decide to make a purchase based on our recommendation. This is of no cost to you and this does not impact our reviews or comparisons. We do our best to keep things fair and balanced and only recommend products we use ourselves.

Know someone else who would benefit from this content? We'd love for you to share!

Share on facebook
Share on Facebook
Share on twitter
Share on Twitter
Share on linkedin
Share on Linkdin
Share on pinterest
Share on Pinterest

What ah-has or golden nuggets did you get from this post? Share below! We'd love to hear!

Welcome!

I'm Lauren.

Fondly known by our clients as the business doctor, I am the Founder and CEO of Golden Key Partnership.

My superpower is simply and effectively diagnosing what is keeping your business stuck at status quo and then helping you strategically prioritize to bust through those bottlenecks.

Our magic happens in the 2mm space of strategic and effective microscopic adjustments that create traction to move your business from stagnation to successful scaling.

Leave the competition in the dust

and get tips to grow your business straight to your inbox!

More from Golden Key Partnership's Blog

Blog Categories

How to determine if you should say “yes” to an opportunity

Billionaire Warren Buffett once said, “The difference between successful people and really successful people is that really successful people say no to almost everything.”

Here are 5 opportunity criteria, or questions, that will help you determine what opportunities to say yes to, and which to pass on – simple, easy, and impactful – no more getting stuck in indecision!

Dive in »

Business Postmortem: What it is and why it’s Important

When was the last time you did a postmortem checkup on your business? Not sure what I am talking about… click through to see how this simple, yet powerful, process can be the difference between hitting and surpassing your business objectives or waking up one day woefully off track!

Dive in »

Do you have a business or a job disguised as a business?

Sadly, this has become a phenomenon for far too many entrepreneurs. They hustle and grind, on the verge of burnout, barely making minimum wage when it is all said and done, spending the majority of their days asking is this worth it?
Here’s my theory on why this is so rampant and how to overcome this to become a true business OWNER.

Dive in »

The # 1 Key to More Success

I was reading a book the other day and the author, Michael, reminded me of such an important life lesson about what it takes to be more successful. He brought back to the forefront what, we as entrepreneurs, must do each day to reach higher and higher levels of success more quickly. Read more to discover this simple, but impactful truth!

Dive in »

Access our most sought after business resources.

Set Yourself Apart

and get tips to grow your business straight to your inbox!