Thread: Job benefits
View Single Post
Old 20-04-2004, 13:13   #12
Jerrek
Inactive
 
Jerrek's Avatar
 
Join Date: Jul 2003
Posts: 2,545
Jerrek can only hope to improve
Re: Job benefits

Quote:
Originally Posted by Graham
1) As Gary has pointed out, some benefits may have tax implications either for the business or for the employee.



2) I'd ensure your business is up and running in a stable and consistent way before you start worrying about adding in extra complications.

I can't remember what you do, but what happens if demand is suddenly reduced? If someone else comes in to compete against you for your customers? Could you afford to maintain the benefits (which you may have contracturally obliged yourself to supply) given a reduced turnover?
I'm aware of all of these factors...

Quote:
I'm not trying to put you off, but these are things that need to be considered. I'd suggest seeing a professional business advisor.
Well, see, I *am* the profesional business advisor... It is my major.


I'm merely throwing ideas around. I don't employ anyone at this time, nor am I considering benefits until the company's net income is over a certain amount. Not in the forseeable future, for sure.
Jerrek is offline   Reply With Quote