Thread: First Employee
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Old 07-25-2012, 07:50 PM
fireman1173005 fireman1173005 is offline
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Join Date: Jan 2009
Location: Anadarko, OK
Posts: 95
My workman's comp is about $1700/yr because my employees handle chemicals (pesticide/herbicides). You'll need to figure out how to do taxes, I use quick books pro 2012 but by the time you get it all setup with the monthly fee for the payroll tax system it's about $300-$400 for the first yr. It's costly to hire someone full time but it can be worth it if you increase your customer base. If your not planning on increasing your amount of customers or services don't worry about hiring anyone because you'll go broke! I have always had part time seasonal help but this year I hired someone full time and just added my second full time employee yesterday.
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