OK. My husband and I own a personal training business. He travels to the clients, and I run the business end of it. We want to expand and hire one or two more trainers to cover territories that we cannot reach (and I want to cut down his working hours). What is the best way to contract someone to work for us? We know it will be an independent contractor, we know we will check credentials, liability insurance, etc. We need to know tips to safeguard our business so the trainer cannot take clients from us. We are supplying all of the clients. Specifically, I am concerned about how to pay. Weekly? Monthly? At the end of the contract? All of our clients have a minimum of a 1 month contract. Any advice will help.
I paid my IC trainers bi-monthly – I cut a check every other Friday. There was always 5 days lag time, in case there were any issues. For example, I would cut a check on Friday August 19th for the sessions they did from Monday August 1st – to Sunday August 14th. That gave me 5 days to resolve any discrepancies. They needed to submit their completed sessions to me (e-mail or phone message) on or before that Monday – Tuesday at the latest – in this example, August 15th – 16th. That worked well for me. You’re definitely thinking right – protect yourself – incorporating, background checks, credentials, etc.