Labor Pool Pt. 12

Описание: Labor Pool | Attracting, Retaining & Optimizing Your Workforce

Your cousin needs a job and just graduated high school—so you make them accounts receivable and walk away. Sound familiar? In this essential panel discussion, we tackle the workforce mistakes that sink small businesses and the strategies that build winning teams.

What You'll Learn:
Why hiring without a job description is "setting yourself up for failure"
The 1099 vs W-2 trap: "You don't get to decide whether someone is an independent contractor—the IRS does"
The true cost of an employee: That $50K salary is really $62-70K
Key person life insurance: What happens when the person who "keeps the lights on" is gone?
Split dollar plans explained: The Jim Harbaugh/Michigan model for retaining top talent
Operating agreements: Your "business prenup" for when partnerships go wrong
Remote worker compliance: Why you may need to register as an employer in THEIR state
Creative compensation on a budget: Flexible hours, wellness perks, lunch-and-learns
The 6-month cash reserve rule before hiring
AI in the workplace: Why you NEED an AI usage policy NOW
SOPs (Standard Operating Procedures): Write it down or it doesn't exist

Featured Panelists:

Brian Levy – Employment Attorney, Treaty Oak Employment Law
Elizabeth (Robin Quinnen) – Partner, Robin Glenn Life Insurance Solutions & Executive Benefits
Jennifer Larson – Financial Advisor, Fee-Based Financial Planning
Bill Thompson, Associate Director – Texas State SBDC
Moderated by Dr. Jana Minifie, Certified Business Valuator

Key Takeaways:
💡 "Everybody's an employee unless you can prove that they're not."
💡 "If you don't write down your policies, they don't exist."
💡 "Know your numbers—it doesn't matter if they're low or you're disappointed, you need to know them."
💡 "Protect your assets. What exposure can you minimize?"